SaraOnline.com Confirms the Trading Symbol `SLNN' For SolutionNet International Inc. -- Trading Date Moved to Tuesday, April 6, 1999.MARINA DEL REY Del Rey may refer to:
See: Over-the-counter. OTC See over-the-counter market (OTC). BB:SHAL) confirmed that SolutionNet, the much anticipated Sara-IPO Dividend (SIPOD), will trade under its new symbol 'SLNN' on April 6. SaraOnline.com has moved SolutionNet's initial trading date to Tuesday, April 6, from March 31, for two main reasons: -0- -- Easter holiday weekend -- Asian media launch of SolutionNet to begin Monday, April 5 SolutionNet is a development partner of Oracle Corp. (Nasdaq:ORCL ORCL Oracle (stock symbol) ) and Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. (Nasdaq:SUNW SUNW Sun Microsystems, Inc (former stock symbol; now JAVA) SUNW Stanford University Network Workstation (Sun Microsystems, Inc) ). SR Singapore PTE Ltd PTE LTD Private Limited ., a subsidiary of SolutionNet, has recently completed its world launch of E-NET Internet Banking software -- a true Internet online banking solution with current applications worldwide. Its first of three Internet software solutions anticipated to be launched in 1999. This event, which was co-sponsored by Oracle and the Singapore Computer Board, drew media coverage around the world. Krause commented: "I understand that the delays of this much anticipated SIPOD (SolutionNet) has caused some investor speculation. The bottom line is that we have underestimated the worldwide demand for SolutionNet. We have been working around the clock on two continents to enable our organization to respond and launch this company with the maximum thrust and profit to our shareholders. "With the success of SolutionNet and the upcoming release of X-SELNET and TrilMediaNet.com, Sara's stock immediately becomes a very attractive opportunity for the exploding investor appetite of public Venture Capital opportunities. Everyone wants to find the next CMGI CMGI Commonly Maintained Grounds Infrastructures CMGI College Marketing Group Information (Services) (Nasdaq:CMGI), and our SaraOnline.com venture is on the right track," Krause added. SaraOnline.com has been organized as the Internet focus subsidiary for the venture banking firm, Sara Hallitex Corp., and will concentrate on the development, funding and incubation of electronic commerce companies and other projects targeting the exploding Internet industry. SaraOnline.com will prepare these Internet opportunities with the intent to create liquidity and profits for its shareholders by taking them public through its unique Sara-IPO Dividend program. Sara Hallitex is a public venture banking firm, dedicated to acquiring and investing in companies, new technologies or projects that, when fully developed, can "spin-out" as Nasdaq publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. , providing solid and appreciable long-term portfolio enhancement for its shareholders. For more on SaraOnline.com and Sara Hallitex Corp., look to the companies' World Wide Web pages at www.saraonline.com or www.sarahallitex.com. Statements in this release 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. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the companies' services, increased levels of competition for the company and dependence on the performance of the management of the company. |
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