DemandStar Corrects EPS for Q-2.PLANTATION, Fla.--(BUSINESS WIRE)--August 14, 2000 DemandStar.com, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DMND) announced today that diluted EPS (Encapsulated PostScript) A PostScript file format used to transfer a graphic image between applications and platforms. EPS files contain PostScript code as well as an optional preview image in TIFF, WMF, PICT or EPSI, the latter being an ASCII-only format. for the second quarter of 2000 is $ (.40) per share instead of $ (.29) as previously released on July 20, 2000. The change is due to a correction in the weighted average number of shares outstanding for the second quarter following DemandStar's rights offering in May 2000. The actual shares outstanding for the second quarter of 7, 638,480 and the net loss of $2,199,422 remain unchanged. DemandStar's electronic marketplace enables governments to purchase goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. more efficiently, and makes it easier for suppliers to do business with government agencies. Suppliers can become part of this purchasing stream by registering at www.DemandStar.com or by calling (800) 711-1712. DemandStar is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. under the symbol DMND (DMND.OB on some services). Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties detailed in DemandStar.com's filings with the Securities and Exchange Commission, including Form S-1, as amended (file No. 333-93445). |
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