I hope people are watching TSQD--they announced that Digital River is going public. This is very big news for TSQD. Look at the underwriters.
Monday June 15, 6:00 am Eastern Time
Company Press Release
SOURCE: Tech Squared Inc.
Tech Squared Inc. Announces Filing of Registration Statement By Digital River, Inc., for Initial Public Offering of Common Stock
MINNEAPOLIS, June 15 /PRNewswire/ - Tech Squared Inc. (OTC Bulletin Board: TSQD - news) announced today that Digital River, Inc., has filed a registration statement with the Securities and Exchange Commission relating to the initial public offering of Digital River's common stock. Tech Squared's current beneficial ownership in Digital River is approximately 23 percent. The offering is being made through an underwriter group managed by BT Alex. Brown Incorporated, BancAmerica Robertson Stephens and Bear, Stearns & Co., Inc.
Digital River is a provider of electronic commerce outsourcing solutions to software publishers and online retailers.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy. Also, there shall not be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state.
Tech Squared, based in Minneapolis, is a national marketer and distributor of mid- to high-end microcomputer hardware, software and peripherals primarily to businesses in the desktop publishing, graphic arts and pre-press industries and intranet and Web site development.
SOURCE: Tech Squared Inc.
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More Quotes and News:Tech Squared Inc (OTC BB:TSQD - news)Related News Categories: computers
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