Diversified Technologies Group, Inc. Appoints New CEO and Announces Acquisition of DemandFAX, Inc.Business and Technology Editors DALLAS--(BUSINESS WIRE)--July 7, 2000 Diversified Technologies Group, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : DTGI) announced today that it has named John Harris John Harris may refer to: Dr. John Harris Internationlly Known Educator, Speaker, Philosopher, Theologian, and HomileticianItalic text http://www.thehistorymakers.com/biography/biography. , Chief Executive Officer. Mr. Stidham has resigned to pursue other business interests. Mr. Harris brings over 20 years of Information Technology experience to Diversified Technologies Group, Inc. and will be leading its efforts to acquire technology-related companies throughout the US. Additionally, DTGI agreed to acquire DemandFAX, Inc for 400,000 shares of restricted common stock and is due to close on or prior to August 1, 2000. DemandFAX, Inc. is a Dallas-based Enhanced Messaging Service Abbreviated as EMS, an application-level extension to Short Message Service (SMS) for cellular phones available on GSM, TDMA and CDMA networks. An EMS enabled mobile phone can send and receive messages that have special text formatting (such as bold or italic), animations, Bureau that was founded in 1992. As an innovator in the development of custom based messaging applications for clients such as Anthem Insurance, AON Corporation, Bayer Corporation, Pitney Bowes Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . and many others, DemandFAX has enjoyed much success in helping to provide high quality and effective sales, marketing and customer relationship management components to these businesses. "DemandFAX has built its business on a sound foundation of customer service principles, we are ready to apply those same values to other companies that become a part of the DTGI family, " said John Harris, 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. , Diversified Technologies Group, Inc. "The addition of DemandFAX's technology platform and their recent move into unified messaging Having access to e-mail, voice mail and faxes via a common computer application or by telephone. For example, unified messaging may send faxes and digitized voice mail to a mail server that turns them into e-mail attachments. will complement the other opportunities that DTGI is evaluating." DemandFAX currently provides fax on demand, broadcast fax delivery, e-mail distribution and Unified Messaging Services to customers throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The Unified Messaging sector of telecommunications, which includes fax and email, is a multi-billion dollar industry. DemandFAX has expanded its capacity by virtue of its arrangement with Xpedite Systems, Inc. a subsidiary of PTEK PTEK Parents and Teachers of Explosive Kids Holdings, Inc. to provide both fax and email delivery for DemandFAX. About Xpedite Xpedite (www.xpedite.com) is a global leader in electronic information distribution and a business unit of PTEK Holdings, Inc. (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 : PTEK - news). The company offers a full range of electronic- and fax-based document distribution and data messaging services using the industry's first and the world's largest dedicated IP network. Xpedite processes up to six million document pages every day to all types of electronic addresses, including Internet, e-mail, fax and telex. Xpedite's diverse client base includes such industry leaders as Boeing, First Union, Merck, Bell Atlantic, as well as 40% of all Fortune 500 companies. Xpedite has sales offices in 30 locations throughout the U.S. and 18 international offices, including London, Brussels, Munich, Paris, Tokyo, Seoul, Singapore, and Sydney. Xpedite announced that it has recently formed a new division, MessageREACH(SM) (www.messagereach.com ), which is an outsourced, Internet based e-mail service provider for Fortune 2000 companies, specializing in tracking, encryption and automated administration for high volume e-mail applications. For more information on DTG DTG Date-Time Group DTG Digital Television Group (UK trade association) DTG Distance To Go DTG Days To Go DTG Digital Transmission Group DTG Direct Trunk Group DTG Digital Trunk Group DTG Dance Theatre of the Gospel , Inc., visit www.diversfiedtechnologiesgroup.com. This news release includes forward-looking statements related to Diversified Technologies Group, Inc. that involve risks and uncertainties, including, but not limited to, quarterly fluctuations in results, the management of growth, market acceptance of certain products and other risks. These forward-looking statements are made in reliance on 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. For further information about these factors that could affect Diversified Technologies Group, Inc.'s future results see the company's filings with the Securities and Exchange Commission (the "Commission"). Prospective investors are cautioned that forward-looking statements are not guarantees of future performance. Actual results may differ materially from management expectations. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion