Desert Springs Acquisition Corp. Announces Name Change to iDial Networks Inc.Business Editors DALLAS--(BUSINESS WIRE)--Jan. 14, 2000 Mark T. Wood, president of Desert Springs Acquisition Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DSAC DSAC Dean's Student Advisory Committee DSAC DLA Systems Automation Center DSAC Defense Systems Affordability Council DSAC Deputy Supreme Allied Commander DSAC Defense Systems Automation Center DSAC Defense Science Advisory Committee ), Friday announced that the company has changed its name to iDial Networks Inc. pursuant to a previously announced plan of reorganization and acquisition. The NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). has informed the company that, upon the opening of business today, the company's stock will trade on the OTCBB under the symbol of "IDNW". As a result of this plan of reorganization acquisition, the firm will operate within the VolP market which includes Net2Phone (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :NTOP NTOP Nt Option Pack ), Delta Three (NASDAQ:DDDC DDDC Dedicated Design Day Capacity (natural gas rate calculation) DDDC Defense Distribution Depot, San Diego, CA DDDC Defense Debriefing & Document Center ) And Gric Communications (NASDAQ:GRIC). Operating as iDial Networks Inc., the company will provide voice and data solutions capitalizing on the efficiencies of the Internet. The company provides enhanced products and services to individuals and commercial customers domestically through the advanced functionality of its global network. In addition to its Dallas headquarters, the company has offices in Denver; Los Angeles; Colombo, Sri Lanka; and Paris. Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price, volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings. |
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