TheSUBWAY.com Announces Investment Opinion on CoolCan Technologies Inc., Vignette Corp., Global TeleSystems, Inc., Upgrade International Corp and iBEAM Broadcasting Corp.Business Editors NOTE TO EDITORS: The following is an investment opinion issued by TheSUBWAY.com WESTON, Fla.--(BUSINESS WIRE)--July 12, 2001 TheSUBWAY.com releases the following investment opinions on CoolCan Technologies Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CCTI CCTI Climate Change Technology Initiative CCTI Composite Can Tube Institute CCTI Chairman of the Joint Chiefs of Staff commended training issue (US DoD) CCTI Control Center Technology Interchange CCTI Chief's Call To Initiation ), Vignette Corp. (Nasdaq:VIGN VIGN Vignette Corporation (stock abbreviation, AMEX) ), Global TeleSystems, Inc. (OTCBB:GTLS GTLS Gaseous Tritium Light Source(s) ), Upgrade International Corp. (OTCBB:UPGD UPGD Upgraded ) and iBEAM Broadcasting Corp. (Nasdaq:IBEM). CoolCan Technologies Inc. (OTCBB:CCTI) Previous Close Down 2% to .70 on vol. of 286,600 Shares: ACCUMULATE CoolCan Technologies Inc. (OTCBB:CCTI) just announced that they have entered into an agreement for the acquisition of 2,000,000 units of CCTI. The company anticipates receiving the over $1 million in funding on or before August 8th 2001. CCTI has just began trading with dramatically increasing volume. CRG CRG Centre for Research on Globalisation CRG Council for Responsible Genetics CRG Contingency Response Group CRG Citizens for Responsible Government CRG Corporate Renaissance Group CRG Columbia River Gorge CRG Consulting Resource Group CRG Columbia Resource Group feels that CCTI will be trading over the $2.00 mark in the short term. The proceeds of the private placement financing will be used to fund the Company's ongoing product development activities, including the execution of Phase II of the Company's engineering program resulting in the production of working prototypes. CCTI is new to TheSUBWAY.com and CRG is just beginning an intense public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most campaign to alert new experienced investors of this company. CCTI should be on the watch lists of every experienced investor out there. Vignette Corp. (Nasdaq:VIGN) Previous Close: Down 4% to $7.81 on vol. 2,459,700 Shares: ATTRACTIVE Vignette Corp. (Nasdaq:VIGN), the leading provider of customer-driven Internet applications, has been named a top provider of content-rich applications, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. recent research by The Yankee Group (the Yankee Group, Boston, MA, www.yankeegroup.com) A major market research, analysis and consulting firm founded in 1970 by Howard Anderson. It provides general consulting and strategic planning in the computer and communications field. , providing a more complete application solution than Art Technology Group, Broadvision and Interwoven in·ter·weave v. in·ter·wove , in·ter·wo·ven , inter·weav·ing, inter·weaves v.tr. 1. To weave together. 2. To blend together; intermix. v.intr. among others. Vignette Corp. also announced that Carrier Corp., a world leader in the manufacture and sale of heating, ventilating ventilating Natural or mechanically induced movement of fresh air into or through an enclosed space. The hazards of poor ventilation were not clearly understood until the early 20th century. Expired air may be laden with odors, heat, gases, or dust. , air conditioning air conditioning, mechanical process for controlling the humidity, temperature, cleanliness, and circulation of air in buildings and rooms. Indoor air is conditioned and regulated to maintain the temperature-humidity ratio that is most comfortable and healthful. and refrigeration refrigeration, process for drawing heat from substances to lower their temperature, often for purposes of preservation. Refrigeration in its modern, portable form also depends on insulating materials that are thin yet effective. systems and products, has selected Vignette(R) applications to power its corporate and consumer sites. Carrier.com, the first Carrier site to go live with Vignette applications, is a gateway to product-specific sites for home comfort solutions, industrial solutions and refrigeration systems. Carrier has implemented Vignette applications to enhance its customers' online experience by providing them with the most personalized content. Vignette's products allow businesses to create and extend relationships with prospects and customers, and to facilitate high-volume transaction exchanges with suppliers and partners, all of which enhances customer satisfaction. Vignette powers more than 1,250 leading e-businesses. Global TeleSystems, Inc. (OTCBB:GTLS) Previous Close: Down 4% to $0.11 on vol. 14,498,200 Shares: HOLD Global TeleSystems, Inc. (OTCBB:GTLS) announced that its Global TeleSystems Europe Holdings, BV subsidiary has agreed to sell 2,272,727 shares of common stock in Golden Telecom, Inc. to Golden Telecom for $11 per-share, or $25 million. Golden Telecom is the largest alternative provider of voice and data/Internet services in Russia and other countries of the Commonwealth of Independent States Commonwealth of Independent States (CIS), community of independent nations established by a treaty signed at Minsk, Belarus, on Dec. 8, 1991, by the heads of state of Russia, Belarus, and Ukraine. Between Dec. 8 and Dec. (CIS Cis (sĭs), same as Kish (1.) (1) (CompuServe Information Service) See CompuServe. (2) (Card Information S ). After the conclusion of this sale, GTS GTS abbr. gas turbine ship will own 588,479 shares, or approximately 2.6 percent, of Golden Telecom. The agreement is part of GTS's previously announced plan to divest most or all of its interest in Golden Telecom as part of an overall restructuring programme. GTS is the parent company of Ebone, the original and most experienced data-only broadband optical and IP networking company in Europe. Its fibre network extends over 22,000 kilometres, reaching virtually all major European cities. The Ebone network is Europe's leading broadband IP network, serving 25 percent of European Internet users, and the first IP network to operate at 10 Gbps. With operations in North America and in over 50 European cities, Ebone delivers tailored networking services to telecommunication carriers, Internet service providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. , Internet-centric and multinational corporations. Upgrade International Corp (OTCBB:UPGD) Previous Close: Up 19% to $2.29 on vol. 474,900 Shares: ATTRACTIVE Upgrade International Corp. (OTCBB:UPGD) announced that UltraCard, Inc., developers of high-capacity portable data storage technology, has reached an agreement to supply two million UltraCards(TM) and ten thousand UltraDrives(TM) to the Chinese government for the 'one card/one person' program that China has adopted to replace its existing paper cards. The business opportunity represents up to a 1.2 billion card opportunity through a Shanghai-based joint venture that is being set up to accommodate manufacturing and distribution of the UltraCard and the UltraDrive throughout China. Tom Parkinson, V.P. Business Development and Sales and Marketing, states, 'We at UltraCard, Inc., are extremely proud that the Chinese government officials have selected our state-of-the-art patented technology. Upon completion of this pilot program we have the opportunity to become the standard for all mainland China.' Upgrade International Corp., through its ownership interest in UltraCard Inc., cQue Corporation and Efornet Corp. is engaged in the development and commercialization of a patented ultra high capacity portable data storage technology. iBEAM Broadcasting Corp. (Nasdaq:IBEM) Previous Close: Up 86% to $0.39 on vol. 31,567,400 Shares: ATTRACTIVE iBEAM Broadcasting(R) Corp. (Nasdaq:IBEM), a leading provider of streaming communications solutions, announced that it has completed the previously announced strategic partnership and funding transaction with four investors including Williams Communications, a leading provider of broadband services for bandwidth-centric customers, under which the investors have provided iBEAM $40 million in cash and services. The other investors are Allen & Company Incorporated, who acted as financial advisor to Williams Communications in the transaction, TouchAmerica Inc., and Lunn iBEAM, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . Peter Desnoes, chairman, president, and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of iBEAM, said, 'We are very pleased to have established this strategic partnership with Williams Communications and obtained the funding needed to continue providing superior quality streaming products and services to our customers. We look forward to leveraging Williams Communications' extensive international fiber optic network and broadband and reseller services to capitalize on new opportunities for our world-class streaming solutions.' iBEAM currently delivers more than 100 million audio and video streams per month across its intelligent distribution network of satellite connected, high-performance servers located in more than 210 networks around the world. Several hundred innovative companies use iBEAM's global services including media leaders, CNBC CNBC Center for the Neural Basis of Cognition (artificial intelligence) CNBC Consumer News and Business Channel CNBC Congress of National Black Churches, Inc. , MTVi, and LAUNCH.com, and enterprise customers IBM/Lotus, Bristol-Myers Squibb, and Merrill Lynch. "Wall Street left its mark on both sides of the road on Wednesday, but managed to park uphill, as both major averages clung to positive gains at the close of regular trading. Technology stocks had uphill battle to climb on the heels of a dire earnings warning from Comverse Technology, which said its second-quarter earnings would fall far short of analysts' estimates. The Dow was also no stranger to the minus column Wednesday, joining the Nasdaq below the flatline several times throughout the session." stated Peter Antipatis. More is available at http://www.TheSUBWAY.com. About TheSubway.com TheSubway.com, a wholly owned online asset of Capital Research Group, Inc. (CRG) was developed solely for experienced, risk tolerant investors. Subscribers to TheSubway.com receive daily market commentary reports for select companies trading on various markets. Sophisticated investors are also able to receive for free, select, rare research reports and investor kits on up and coming emerging companies while they are still not widely known. About Capital Research Group Inc. Through TheSubway.com, Capital Research Group (CRG) introduces what in its opinion are undervalued companies to the investment community. Capital Research Group strives to locate companies with enormous growth potential. CRG is a full service public relations / Investor relations Investor relations The process by which the corporation communicates with its investors. firm. For more information about our products or services, please contact CRG at 954-217-9555 or visit us at http://www.thesubway.com. All material herein was prepared by Capital Research Group, Inc. (CRG) based upon information supplied by the company or other sources believed to be reliable. The information contained herein is not guaranteed by CRG to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. A company's actual results could differ materially from those described in any forward-looking statements or announcements discussed herein. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRG is not a licensed broker, broker dealer, market marker, investment banker Investment Banker A person representing a financial institution that is in the business of raising capital for corporations and municipalities. Notes: An investment banker may not accept deposits or make commercial loans. , investment advisor Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and , analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on www.thesubway.com. CRG has been compensated by third party shareholders or with cash from the company on behalf of one or more of the companies mentioned in this opinion. (90,000 CCTI) CRG intends to sell its shares. CRG has sold approximately 0 CCTI shares to date. CRG may sell its shares for less than the target price given in this opinion. CRG's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. CRG will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market. |
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