Definition, Ltd. Provides Details On Pending Acquisition Of RBSI.Business Editors PALM SPRINGS, Calif.--(BUSINESS WIRE)--Feb. 3, 2000 Donna Anderson, President/CEO of 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 the pending acquisition of RBSI RBSI Royal Bank of Scotland International is nearing completion and provided the following information on RBSI: RBSI is a Nevada corporation formed in November of 1997. Subsequent to its formation, it formed, acquired, invested in, and now manages several companies involved in Automated Teller Machine automated teller machine (ATM), device used by bank customers to process account transactions. Typically, a user inserts into the ATM a special plastic card that is encoded with information on a magnetic strip. (&uot;ATM&uot;) and Electronic Fund Transfer (&uot;EFT&uot;) data processing industry. These companies are currently operating in the United States and Canada with plans to expand into international markets. The RBSI companies provide ATM hardware, check-cashing kiosks, transaction processing switch software, transaction processing, and management services through its affiliates and subsidiaries: ATM International, Inc. (&uot;ATMI&uot;), a Nevada Corporation, started operations in 1992 and has been involved in the sales, marketing, and placement of ATMs in retail locations throughout the United States. With current headquarters based in Dallas, ATMI ATMI American Textile Manufacturers Institute ATMI Association for Technology in Music Instruction ATMI Advanced Technology Materials, Inc. ATMI Application-to-Transaction Manager Interface ATMI According to My Information ATMI Atm Interface Unit works primarily through a network of independent distributors and resellers who either sell the ATM hardware to retailers or place the ATM at no cost. SmartATM Management, Ltd. (&uot;SmartATM&uot;), a Nevada Limited Liability Company, specializes in turnkey ATM management outsourcing, including ATM equipment ordering, shipment, installation, promotional signage, monitoring, cash replenishment, 1st and 2nd line maintenance, help desk, armored car, vault cash Vault cash Cash kept on hand in a depository institution's vault to meet day-to-day business needs, such as cashing checks for customers; can be counted as a portion of the institution's required reserves. , balancing, dispute resolution and revenue reporting, distribution and accounting. RBSA RBSA Reserve Bank of South Africa RBSA Rectangularly-Bent Slot Antenna RBSA Receive Buffer Start Address , Incorporated (&uot;RSBA&uot;), a Nevada Corporation, began operations in August of 1997 and specializes in electronic transaction processing and switch software for the ATM industry. RBSA provides processing services to ATM deployers, retail chains, and small to medium-size financial institutions in the United States. RBSA also sells and maintains switching software for financial institutions, ATM Deployers, and other data processors in the US, Canada, and Mexico. SmartCash Leasing, a DBA company of RBSI, provides lease financing for the ATM industry. SmartCash Leasing provides an additional profit center for RBSI and provides ATM Deployers a valuable tool to close more sales. SmartCash ABM ABM: see guided missile. ABM - Asynchronous Balanced Mode , Inc., (SmartCash ABM), was incorporated in 1998 in Hamilton, Ontario, and provides sales, marketing, and placement of ATMs in retail locations throughout Canada similar to the services of ATMI provides in the US. TNS TNS transcutaneous neural stimulation. Smart Network is a Toronto-based corporation that provides processing services for &uot;WhiteLabel&uot; (non-bank) industry in Canada. TNS has experienced remarkable success in its first two years of operations and is the largest White Label processor in Canada. TNS currently drives over 1,200 ABMs. The combined sales of the above companies were in the $22 million dollar range for 1999. Look for additional information on RBSI on web-site www.dfnl.com within 10 days. &uot;This is the first of several acquisitions pending that will add significant sales, earnings and assets to the company&uot;, states Ms. Anderson. 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 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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