Excel Publishing Inc. Announces Correction to Press Release Dated March 22, 2002.Business Editors SPRINGVILLE, Utah--(BUSINESS WIRE)--March 25, 2002 Excel A full-featured spreadsheet for Windows and the Macintosh from Microsoft. It can link many spreadsheets for consolidation and provides a wide variety of business graphics and charts for creating presentation materials. Publishing Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : EXPB) Monday announced a correction to the press release dated March 22, 2002 stating that ANF ANF antinuclear factor; see antinuclear antibodies (ANA), under antibody. ANF abbr. antinuclear factor ANF atrial natriuretic factor. Telecast Inc. did not meet the terms of the funding requirements of the letter of intent whereby Excel would acquire ANF. In fact, ANF terminated the letter of intent on March 21, 2002 after Excel determined, in its sole discretion, that the financing commitment obtained by ANF pursuant to the letter of intent contained certain contingencies Contingencies (ISSN 1048-9851) is the bimonthly magazine of the American Academy of Actuaries, providing a large and diverse readership with general interest and technical articles on a wide range of issues related to the actuarial profession. that were unacceptable to Excel. Excel Publishing will continue to pursue its original business of marketing annual subscriptions for an investment strategy newsletter called the "Sector Fund Wealth Builder." The Sector Fund Wealth Builder is published and distributed to subscribers on a weekly basis. The newsletter provides timely information regarding our proprietary strategy, stock market observations, information on Web sites and publications relative to the stock market and investing, and a portfolio performance analysis. 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. Press releases issued by Excel Publishing Inc. may contain forward-looking statements, which are made pursuant to 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. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, successful integration of acquisitions, the ability to secure additional sources of financing and other factors described in the company's filings with the Securities and Exchange Commission. The company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or that may arise after the date of this release. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion