Merit Studios Inc. Announces Agreement With German Software Company for Distribution of and Support for WormHole Technology Software.Business Editors & High-Tech high-tech also hi-tech adj. Informal Of, relating to, or resembling high technology. high-tech Adjective same as hi-tech Adj. 1. Writers LAS VEGAS--(BUSINESS WIRE)--March 13, 2000 Merit Studios Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :MRITP) has entered into an agreement with VHR VHR Visual Flight Rules VHR Video to Hardcopy Recorder VHR Very High Resolution GmbH Hamburg Hamburg, city, Germany Hamburg (häm`b rkh), officially Freie und Hansestadt Hamburg (Free and Hanseatic City of Hamburg), city (1994 pop. to distribute WormHole wormhole - back door software and supply technical
support.VHR (http://www.vhr.com) will market, sell, distribute and provide customer service for Merit's WormHole Technology Software throughout Europe. Merit Studios is in the process of ordering the first 500,000 CDs for WormHole Technology Software; 250,000 of the first order will be for Europe. With the same CD, Merit will supply the customer with BrowseBreak Screensaver Software and TvWebb Software. The software will be sold for $29.95 in stores and directly through Merit Studios over the Internet in the United States ''This article or section is being rewritten at The FCC has broadband defined in their publications as any Internet connection with a download speed that is greater than 200 kbit/s. . The company expects to have the first 500,000 software units sold in the first three months after the launch. Merit is planning to have the software in stores by the end of June. VHR will launch the software at the same time, and it will be sold in Europe for 31.10 euros. Merit has registered the domain name "wormholesoftware.com" and is building a site to promote, explain and sell WormHole Technology Software. On Monday at 6 p.m. Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. time, Merit's server will be down for three hours. The company is changing several domain links to the corresponding Web sites. The list below shows the correct links:
-- For Merit Studios' home page, enter http://www.meritstudios.com;
-- To go to GlobeAd, enter http://www.globead.com;
-- To go to BrowseBreak, enter http://www.browsebreak.com;
-- To go to TvWebb, enter http://www.tvwebb.com;
-- To go to WormHole Technology, enter
http://www.wormholesoftware.com (not active yet).
This release contains statements that constitute "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. " within the meaning of Section 21E of the Securities Exchange Act and Section 27A of the Securities Act. Readers are cautioned not to put undue reliance on such forward-looking statements. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Certain factors may cause actual results to differ materially from those contained in the forward-looking statements, including but not limited to: the number and timing of sales, Merit Studios Inc. advertising spots and software, the development and/or acceptance of new products, the impact of competition on the company's products and/or pricing, and the success of the company's software. |
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