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Mcglen Internet Group to Continue to Trade On Nasdaq Small Cap.


TUSTIN, Calif.--(BUSINESS WIRE)--Dec. 16, 1999--

Mcglen Internet Group (Nasdaq: ADRN ADRN Attention Deficit Resource Network
ADRN Antimalarial Drug Resistance Network
ADRN Advance Document Revision Notice (Boeing configuration management form) 
)

Company To Trade Under The Symbol MIGS MIGS Montreal International Game Summit (yearly conference)
MIGS Multi-source Intelligence Ground System
MIGS Multi-Intelligence Ground System (USAF, CARS & JSIPS) 
 

Beginning Friday, December 17, 1999

Mcglen Internet Group (MIG) (NASDAQ: ADRN), a leading Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region,  e-Commerce based, internet operating company operating company

A business that engages in transactions with outsiders.
, today announced that it has received approval from NASDAQ for its common stock to continue to be traded on the NASDAQ Small cap Market.

The company has also received approval to change its symbol to "MIGS" and will begin trading under its new symbol on Friday, December 17, 1999.

MIG has been an early pioneer in the field of business to consumer (B2C (Business to Consumer) Refers to a business communicating with or selling to an individual rather than a company. See B2B. ) and business to business (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G.

B2B - business to business
) e-commerce based retailing, with a focus on technology based products through its separate and unique storefront exchanges including Mcglen.com (www.mcglen.com), AccessMicro.com (www.accessmicro.com) and now through Techsumer.com (www.techsumer.com). Each MIG subsidiary provides balance to MIG's operating portfolio, while supporting a strong revenue base. Further, each storefront exchange extends the reach and penetration of over 150,000 unique products and services to meet the varied needs of the 200,000+ business and consumer-oriented customers MIG currently serves.

The Mcglen Internet Group (NASDAQ: MIGS) is a leading e-commerce based internet operating company (IOC IOC
abbr.
International Olympic Committee

IOC n abbr (= International Olympic Committee) → COI m

IOC n abbr (=
) focused on creating branded, Internet storefront exchanges, providing unlimited global access to technology oriented products and services for business to business (B2B) and business to consumer (B2C) marketplaces. MIG has a developed a unique distributed network enterprise and distribution system mated to an array of unique storefront exchanges that are popular with business and consumer oriented customers. MIG's corporate offices are located in Tustin, CA.

The statements set forth above with respect to Mcglen Internet Group or MIG, the benefits thereof and the potential growth of the company are forward looking statements within the meaning of that term in 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. As such, they are inherently uncertain and should not be unduly relied upon. As to potential future growth, uncertainties include the ability to successfully manage the companies' businesses, technologies and management, the availability of sufficient capital to expand the businesses, customer acceptance on new products, competition and other uncertainties associated with introducing new businesses.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 16, 1999
Words:367
Previous Article:Metropolitan Mortgage & Securities Co., Inc. Extends 9% Note Offering.
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