Delivery Now Corporation Announces Closing of Merger With CanOnline Global Media, Inc.; Company Changes Name to NS8 Corporation.Business Editors NEW YORK--(BUSINESS WIRE)--Dec. 18, 2003 Delivery Now Corp. (the "Company") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DLVN) announced today that it has closed its previously announced merger with CanOnline Global Media, Inc. The Company will now focus its operations on CanOnline's existing technology and products. The Company will discontinue its messenger service Messenger Service is a network-based system notification service included in some versions of Microsoft Windows. This service, although it has a similar name, is not related in any way to the . business. The Company has also changed its corporate name to NS8 Corporation. The name change has been made to reflect the change in the Company's business operations that will occur following the merger with CanOnline. Shareholders of the Company will receive a notice from the Company's transfer agent advising them how to exchange their stock certificates for stock certificates with the new corporate name. The Company will also obtain a new CUSIP number CUSIP Number An identification number assigned to all stocks and registered bonds. The Committee on Uniform Securities Identification Procedures (CUSIP) oversees the entire CUSIP system. Notes: This system is used in the U.S. and Canada. . About CanOnline Global Media, Inc. CanOnline Global Media, Inc. (USA) is a Seattle, WA based technology research and development company with offices in Minneapolis, MN and Vancouver, British Columbia. The Company currently has sixteen (16) patent pending technologies and continues productive research and development efforts within the areas of digital security and signal components "DSC (1) (Digital Signal Controller) A microcontroller and DSP combined on the same chip. It adds the interrupt-driven capabilities normally associated with a microcontroller to a DSP, which typically functions as a continuous process. See microcontroller and DSP. (TM)," secured media delivery applications "DMD (1) (Digital Micromirror Device) See DLP. (2) (Digital Multi-layer Disk) See high-def DVD formats. (TM)," and non-resident software systems "NS8(TM)." Canonline uses the Internet the way it was meant to be by utilizing its proprietary network and delivery capabilities. The Company's technologies can be delivered without excessive bandwidth, resident memory consumption or hardware limitations and the components can integrate with any existing database or cross platform applications. 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. Statement Certain statements made herein that are not historical are forward-looking within the meaning 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 statements are based on the Company's beliefs and the assumptions it made using information currently available to it. Because these statements reflect the Company's current views concerning future events, these statements involve risks, uncertainties and assumptions. The actual results could differ materially from the results discussed in the forward-looking statements. In any event, undue reliance should not be placed on any forward-looking statements, which apply only as of the date of this press release. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion