Read this kind of sounds like our news is just around the corner now doesn't it.....
Monday June 28, 2:04 pm Eastern Time
Company Press Release
Salient Cybertech Announces Investment Banking Agreement
SARASOTA, Fla.--(BUSINESS WIRE)--June 28, 1999--Today Salient Cybertech, Inc. (OTCBB: Stock Symbol: SLEL) announced that it has entered into an investment banking agreement with Baxter Banks & Smith, Ltd. The investment banking agreement provides for assistance in mergers and acquisitions as well as an agreement regarding funding for the company.
Baxter, Banks & Smith is a full service brokerage house with over $250 million under management. They have seventeen offices nationwide that provide merchant banking, investment banking, retail brokerage and investment advisor services. The firm is a member of NASD and SIPC.
''Our agreement with Baxter, Banks & Smith will allow us to move forward with our merger and acquisition strategy. We specifically chose BBS because they are a young, growing and aggressive company with interest in the technology sector,'' said Paul Sloan CEO of Salient Cybertech.
Any questions should be addressed to Paul Sloan, Salient Cybertech, Inc. at Investor Relations (954) 570-5160.
Forward Looking Statements : This news release contains certain ''forward-looking'' statements within the meaning of the Private Securities Litigation Reform Act of 1995, which provides a new ''safe harbor'' for these types of statements. To the extent statements in this news release involve, without limitation, product development and introduction plans, the Company's expectations for growth, estimates of future revenues, expenses, profits, cash flow, balance sheet items, sell-through or backlog, forecasts of demand or market trends for the Company's product categories and for the industries in which the Company operates, or any other guidance on future periods, these statements are forward-looking statements. The Company assumes no obligation to update forward-looking statements.
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Contact:
Salient Cybertech, Inc.
Paul Sloan,
Investor Relations, 954/570-5160
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