Hundred Mile Plus Ltd Announces That Its Acquisition of 2Spot is Close to Completion.Business Editors BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla.--(BUSINESS WIRE)--April 3, 2003 Hundred Mile Plus Ltd, Inc. ("HDML (Handheld Device Markup Language) A specialized version of HTML designed to enable wireless pagers, cellphones and other handheld devices to obtain information from Web pages. HDML was developed by Phone. ") (Pink Sheets: HDML) announced today that it has signed a definitive agreement for the acquisition of 2Spot Ltd. and is in the final stages of closing such agreement. Pursuant to the agreement HDML shall acquire control of 2Spot Ltd. and the former management of HDML will be entirely replaced by the new management of 2Spot. About 2Spot 2Spot is developing innovative, reliable and easy to use products designed for use in the home that continuously monitor an infant's health. Theses products use a unique communication link to relay information on the infant's health to parents and caretakers not in the same room as the infant. This critical information gives an early indication of changes in a baby's condition which might need medical attention and also possibly prevent sudden infant death syndrome sudden infant death syndrome (SIDS) or crib death, sudden, unexpected, and unexplained death of an apparently healthy infant under one year of age (usually between two weeks and eight months old). (SIDS SIDS sudden infant death syndrome. SIDS abbr. sudden infant death syndrome SIDS, n See syndrome, sudden infant death. ) that strikes thousands of babies a year in 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. alone. 2Spot has already filed a patent for its unique product that aims to offer a more complete and reliable solution than any other product currently available. The Company's goal is to become the leader in this important market for infant health-monitoring products for use in the home or nursery. 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. Statement This press release contains forward-looking statements that involve risks and uncertainties. HDML's actual results could differ materially from those discussed in such forward-looking statements based on a variety of factors. |
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