Thursday July 22, 1:34 pm Eastern Time
Company Press Release
Bridgeport Communications Announces Name and Symbol Change
MIAMI--(BUSINESS WIRE)--July 22, 1999--Bridgeport Communications, Inc. (OTC BB:BPOT - news) announced today that effective tomorrow, July 23, 1999, the stock will trade under the new symbol (OTC BB: WLTH - news).
In addition, the majority shareholders have approved the amendment of the company's name from Bridgeport Communications, Inc. to WealthHound.com, Inc. The name change was effectuated to better reflect the new direction and emphasis on the company's Internet business.
On July 9, 1999, Bridgeport Communications, Inc. acquired 100% of the issued and outstanding shares of WealthHound, Inc. WealthHound, Inc. remains a wholly owned subsidiary of WealthHound.com, Inc.
WealthHound aims to be the ultimate Web-portal to ''personal finance and prosperity''. The current site allows users to access proprietary search technology and locate information on companies, financial products, services and market data. WealthHound's Research Center provides comprehensive access to some of the best information resources online. Future products will include discussions on stocks, funds, and indices similar to Silicon Investor and CMGI Inc.'s (Nasdaq:CMGI - news) ''Raging Bull.''
What will distinguish WealthHound.com from Yahoo (Finance) (Nasdaq:YHOO - news), Microsoft Investor (Nasdaq:MSFT - news) and GoProfit.com (Nasdaq:DDEQ - news) will be a unique partnership program, already underway, featuring ventures in online trading, banking, home mortgages and life insurance. These are similar to services offered by E-Trade Group Inc. (Nasdaq:EGRP - news), Telebank Financial (Nasdaq:TBFC - news), and Netbank (Nasdaq:NTBK - news).
WealthHound.com, Inc.'s web site is located at wealthhound.com.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the company believes that the expectations reflected in the forward-looking statements and assumptions upon which forward-looking statements are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct.
Contact:
WealthHound.com, Inc., New York Zarife Keating, Investor Relations, 212/509-0800 or Bridgeport Communications, Inc., Miami Michael D. Farkas, Consultant, 305/539-0900 |