SLEL Joe, that news yesterday was so good, they added more, last night.
Salient Cybertech Follow Up
SARASOTA, Fla.--(BUSINESS WIRE)--Oct. 20,1999--Salient Cybertech
(OTCBB:SLEL - news) today issued follow up information to the news release ''Netscape
Canada President Joins Salient Cybertech Board''.
Prior to Netscape's acquisition by America On Line, Mr. Finch was appointed to lead a team of internet experts, helping to
develop the internet infrastructure, portal business and commerce landscape for Canada. During his 4 1/2 year tenure, he
developed the initial NetCenter portal strategy, acquired the first major e-commerce infrastructure relationship for Netscape
worldwide and was involved in the formation of the Sun-Netscape Alliance in Canada between America On Line (NYSE:
AOL - news) and Sun Microsystems (NASDAQ: SUNW - news).
Major shareholders defined by the SEC as owning more than 5% of Salient Cybertech stock are Ms. Kim Adolphe, Founding
President and CEO of Gemini Learning Systems and Mr. Paul Sloan, Founding President and CEO of Salient Cybertech.
Mr. Sloan said, ''We are excited about the growth potential of Internet and Intranet online education and welcome Ms.
Adolphe and Mr. Finch as Board members.''
Ms. Adolphe added, ''We have the technology, now we have the team and resources to establish SWIFT as the standard for
distance learning.''
The company currently has several major contracts pending, and will make further announcements as deals are finalized.
Questions should be addressed to Paul Sloan, Salient Cybertech, Inc. at Investor Relations (941) 349-6583 or visit
www.salientcyber.com.
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.
Contact:
Salient Cybertech
Paul Sloan, 941/349-6583
www.salientcyber.com |
