QCL Group, Inc. Obtains Domain Name OTCFiling.com for Upcoming Corporate Information Services Website.WATKINSVILLE, Ga.--(BUSINESS WIRE)--Aug. 18, 1999-- QCL QCL Quantum Cascade Laser QCL Quality Class Level Group, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: QCLG) through its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. QCL Communications, Inc. announced that the company has obtained the domain name OTCFiling.com, for their upcoming corporate information services See Information Systems. website. The website and accompanying corporate media service will provide on-line financial information on OTC, small cap, and mid cap companies to brokers, broker dealers, market makers, and individuals via the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the . For a fee, participating OTC Companies will provide information to QCL Communications, Inc., which will be posted on the OTCFiling.com website. Corporate information, financial information, disclosure statements, SEC filings and press releases will be available on the companies on the site in a concise and easy to find manner. QCL Communications will maintain an e-mail database of brokers, broker dealers, stockholders or anyone interested in receiving updates on financial information from the companies on the site. Persons who sign up for the service will receive information such as press releases, filings, secondary offerings, 144 registrations in the form of e-mail from OTCFiling.com. This will allow companies to have their information distributed to interested parties in a timely manner. The OTCFiling.com will address the needs of smaller companies that have difficulty in reaching investment professionals through traditional media services. The site will also allow market makers to retrieve information to keep their files on OTC companies on the site, up-to-date. The site will be available to Nasdaq companies as well as other exchanges although it will specialize spe·cial·ize v. 1. To limit one's profession to a particular specialty or subject area for study, research, or treatment. 2. To adapt to a particular function or environment. on the lower cap, less followed companies. QCL Group, Inc. recognizes the importance of having up-to-date, pertinent PERTINENT, evidence. Those facts which tend to prove the allegations of the party offering them, are called pertinent; those which have no such tendency are called impertinent, 8 Toull. n. 22. By pertinent is also meant that which belongs. Willes, 319. information available to the public and financial professionals. The information provided to the site will be the responsibility and liability of the company providing the information, any inaccuracies or omissions will be the responsibility of the filing company and not QCL Group, Inc. or its subsidiaries. A spokesman for the company said "We think that this service will benefit many midsize and small size companies, who have trouble getting their information seen by the public, which is important for all public companies. The OTC companies tend not to get much coverage in the marketplace." QCL Group, Inc. has no way of knowing if the new service and website will be financially successful. QCL Communications, Inc. is in the process of developing a new world wide e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. software-server program named Quickvend, see http://www.quickvend.com for more information. QCL Communications, Inc. recently opened two websites, ThekidSite.com and Bikiniagogo.com, The company has also opened SportsofCourse.com in test mode, these websites will be used in testing of the Quickvend program. Beta testing (programming) beta testing - Testing a pre-release (potentially unreliable) version of a piece of software by making it available to selected users. This term derives from early 1960s terminology for product cycle checkpoints, first used at IBM but later standard throughout the of the Quickvend program is expected to begin within three months. |
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