DelSoft Consulting receives NASD clearance for Bulletin Board listing.ROSWELL, Ga.--(BUSINESS WIRE)--April 23, 1997--DelSoft Consulting Inc. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. : DSFT) is pleased to announce that Public Securities Inc. of Spokane, Wash., a NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). member firm, has received clearance from the NASD to trade and quote the shares of DelSoft Consulting on the OTC Bulletin Board (CUSIP CUSIP See: Committee on Uniform Securities Identification Procedures CUSIP See Committee on Uniform Securities Identification Procedures. No. 247348-10-5). DelSoft Consulting is a systems integration, software engineering and software development firm that specializes in software applications in the financial services, insurance, manufacturing, education and transportation industries. The company has formed a strategic partnership with Sterling Software (NYSE NYSE See: New York Stock Exchange :SSW SSW abbr. south-southwest Noun 1. SSW - the compass point midway between south and southwest sou'-sou'-west, south southwest ) to address Year 2000 and other computer application mega-maintenance projects. Sterling Software, with sales in excess of $700 million in 1996, is one of the nation s largest software producers, with products ranging from client/server applications to mainframe design tools. This partnership will enable DelSoft Consulting to advertise, market and provide consultants in tandem with Sterling Software on an array of Year 2000 solutions. Most recently, DelSoft Consulting has applied for a patent on a unique solution to the Year 2000 computer problem employing its proprietary Year 2000 Hyperdating Methodology. For the nine month period ended March 31, 1997, DelSoft Consulting recorded total revenues of approximately $4,000,000 and pre-tax income of approximately $300,000. Since the company incorporated in the state of Georgia in July 1996, comparable figures from the previous year are unavailable. The company has approximately 10 million shares outstanding with an estimated float of 1.4 million shares. CONTACT: Company Contact: DelSoft Consulting Inc. Ben Giacchino, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. 770/518-4289 or Agency Contact: Warren J. Cavior 212/687-6070; caviorg@aol.com |
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