Ecom Force Corp. Announces Acquisition of Personal Portals Online.Business Editors/High-Tech Writers ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--Jan. 19, 2004 Ecom Force Corp. (Pink Sheets:ECFP ECFP Enhanced Cyan Fluorescent Proteins ECFP Equal Channel Failure Probabilities ) Tuesday said it had completed the acquisition of pioneer software development company Personal Portals Online, Inc. The company's product is expected to be the next generation "killer app A software application that is exceptionally useful or exciting. Killer apps are innovative and often represent the first of a new breed, and they are extremely successful. For example, in the late 1970s, the VisiCalc spreadsheet was the killer app for the Apple II, providing reason ," enabling the existing high-speed cable operators, Telcos, Hosting/ISP's, major Internet portals, media conglomerates, online destination and community sites, a complete turnkey private-label solution whereas their consumers or members can obtain all the "do-it-yourself" tools for building their own online personal website and/or portal -- creating enormous revenue potential for these operators, with customers they already have, without any additional infrastructure or maintenance costs. Ecom Force Corp. acquired all of the outstanding stock of Personal Portals Online, Inc. (http://www.personalportalsonline.com) in exchange for shares of Ecom Force common stock. In an anticipated move, Ecom Force Corp.'s William Lockhart William Lockhart may refer to:
This completed acquisition comes on the heels of Personal Portals Online's most recent announcement to acquire ZeroBrand hosting company in Orlando, Florida which Mobley says is also complete, "we acquired all the Zerobrand stock and assets in exchange for shares of Personal Portals Online common stock prior to our closing with Ecom Force." Mobley and long-time business colleague Andre Forde founded Personal Portals Online, Inc. in 2000, as a "next generation" product follow-up to their previous success as principals and founder of Image Cafe (www.imagecafe.com), which was acquired by Network Solutions in 1999 for $25 million. Prior to Personal Portals Online, Inc., Mobley founded and served as President of World Commerce Online (WCOL WCOL Write Collision ), 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. and recognized leader in e-commerce business-to-business and industry based solutions. World Commerce Online, became an I2 Technologies powered solution and provided services to such clients as: GE Global Exchange Services, Dole Foods, Acosta, and acquired several top commerce platforms including Produce Online. Wall Street was quick to see the investment potential. World Commerce Online gave investors over a 2000 percent return (.50-$28.00+) in the months following its debut on 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 OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :BB prior to Mobley's departure in the spring of 1999. Personal Portals Online offers the consumer a chance to build their own online portal, like having your own personalized AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. network of sorts, from a partners site with features such as an easy-to-use multimedia website builder, personal life management tools (email, calendar, instant messaging, file sharing, etc.), customized news updates, community tools, automated commerce products, and other options previously unavailable to the novice Webmaster. Personal Portals Online is primed to become the easiest and most innovative Internet utility since Yahoo!, coupled with the viral marketing growth of such first-to-market leaders as MSN (1) (MicroSoft Network) A family of Internet-based services from Microsoft, which includes a search engine, e-mail (Hotmail), instant messaging (Windows Live Messaging) and a general-purpose portal with news, information and shopping (MSN Directory). Hotmail, ICQ ("I Seek You") A conferencing program for the Internet from Mirabilis, Tel Aviv, Israel (www.icq.com). It provides interactive chat, e-mail and file transfer and can alert you when someone on your predefined list has also come online. , Blue Mountain Arts and Napster. Forward Looking Statements Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the 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. created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Gross turnover could be substantially less in the future due to changes in the law, general economic conditions, or unexpected failure of equipment servicing the accounts. In addition, technical complications which may arise could prevent the prompt implementation of the plans outlined above. Additional Safe Harbor Act Disclaimer Notices are available on the web site at http://www.ecomforcecorp.com. |
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