For those not averse to established BB companies, **SHAL** uses *CMGI* model. Somewhat timely as well right now as deal developed with Oracle and Sun going public this month.
Acquires select, "clean" companies, makes them more attractive and brings them public at the right time, and retaining 30-45% of ownership for shareholders.
Has one company public now
The most significant IPO is later this month called SolutionNet...Enet-Banking, developed in partnership with **SUNW** and **Oracle**
Expected to be priced at $7.00 per share with shareholders retaining 40%
SolutionNet -- three-year development partners with Oracle Corp.
(Nasdaq:ORCL) and Sun Microsystems (Nasdaq:SUNW) -- is the developer of
ENET-Internet Banking, the specialized Internet Software
Solution/Gateway Technology slated for its official, international
product launch in Singapore on Feb. 26, 1999.
Additionally, SolutionNet has a number of other progressive
Internet/intranet (IT) Software Solution Technologies poised to enter
the market in 1999, including its state-of-the-art EMI-Electronic Medi
Info system, which will catapult health-care-industry service into the
21st century.
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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,
providing solid and appreciable long-term portfolio enhancement for its
shareholders.
For more info, I would call CEO , Garrett Krause
CONTACT: Sara Hallitex Corp., Marina del Rey
310/823-5008 (Investor Relations Dept.)
310/827-6255 (fax)
e-mail: invrel@sarahallitex.com
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