Definition, LTD. to Acquire Software Company.LAS VEGAS--(BUSINESS WIRE)--Dec. 1, 1999-- Definition, LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DFNL) announced today that it has issued a Letter of Intent to acquire SureTech Developments, Inc., a company involved in the development, marketing and distribution of proprietary software. The prime product currently being marketed by SureTech Development, Inc. is SUREFIX 2000, a unique software program that diagnoses and corrects the Y2K See Y2K problem and Y2K compliant. Y2K - Year 2000 "Millennium Bug" in personal computers. SUREFIX 2000, because it performs the fix during the boot up process, is the only "Y2K" solution that will fix a computer after it has already crashed. SUREFIX 2000 will be the only software fix available after the year 2000 rollover. Also, it is the only software program presently available that will fix POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale (Point of Sale) machines. Studies estimate that more than 535 million personal computers will be in use worldwide by the year 2000. These studies estimate that there are over 175 million non-Y2K compliant PC's within North, Central and South America. Additionally, the World Bank has a program for forgivable loans to third world countries for upgrading Y2K in their countries. We are presently investigating the programs that the International Monetary Fund and the Canadian Export Development Agency have for financing Y2K related programs to third world and other countries. It is anticipated that the acquisition will be finalized by December 31, 1999. Forward Looking Statement: Except for historical matter contained herein, the matters discussed in this press release are forward-looking statements and are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These forward-looking statements reflect assumptions and involve risks and uncertainties, which may affect The Company's business and prospects and cause actual results to differ materially from these forward-looking statements. |
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