DRYD-WILL PICK UP SOME MORE AFTER THEY
ARE DONE PLAYING WITH IT
(COMTEX) B: Dryden Signs Letter of Intent to Acquire e resources, inc
B: Dryden Signs Letter of Intent to Acquire e resources, inc.
SARASOTA, Fla., Jan 20, 2000 (BUSINESS WIRE) -- Dryden Industries,
Inc. (OTCBB:DRYD) announced today that it has signed a Letter of Intent
to acquire e resources, inc., a Delaware corporation. The Fort Worth,
Texas based start-up is in the business of launching new e-businesses
and developing e-commerce platforms for existing businesses. e
resources will provide capital investment, executive management,
back-office operations, sales and marketing expertise, technical
enhancement and fulfillment services for businesses in exchange for
fees and equity positions.
After the completion of the acquisition of e resources, Dryden will
change its name to e resources.
e resources currently has an agreement to acquire CareMart(TM) -- The
Home Healthcare Superstore, a Fort Worth based e-commerce site.
CareMart will be the initial company to utilize e resources services
and its fulfillment operations.
Dryden is set to close its purchase of Vista Photographic and Video in
the next two weeks. The e resources acquisition combined with Vista and
CareMart commences a new corporate strategy for Dryden to focus on
(COMTEX) B: Dryden Signs Letter of Intent to Acquire e resources, inc
B: Dryden Signs Letter of Intent to Acquire e resources, inc.
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