Lakota Technologies Retains Merger Communications to Coordinate its Media and
Investor Relations Programs
Business Editors & Technology Writers
HOUSTON--(BUSINESS WIRE)--Jan. 26, 2000--Lakota Technologies,
Inc. (OTCBB:LAKO) announced today that it has retained Houston-based
Merger Communications Inc. to coordinate its media relations/investor
relations operations. Merger Communications is one of the fastest
growing financial media relations companies in the U.S.
"The decision to hire Merger Communications reflects our recent
restructuring," says Majed Jalali, Chairman and CEO of Lakota. "The
planned spin-off of our oil and gas holding company and the planned
merger of 2-Infinity and AirNexus, Inc. will allow us to focus
exclusively on our digital bundled services and Digital Subscriber
Line (DSL) strategy. Merger knows how to get the word out to both the
media and the investment community and can therefore be instrumental
in the execution of our plans. Merger also has a great track record
working with telecommunications and Internet companies such as
Clearworks.net (OTCBB:CLWK), ebaseOne Corp. (OTCBB:EBAS),
Peacock Financial (OTCBB:PFCK) and MyWeb Inc.com (OTCBB:MYWB).
2-Infinity.com is a provider of digital bundled services over DSL
to residential, commercial, multi-tenant and hospitality markets
worldwide. 2-Infinity.com utilizes technology that allows high-speed
networking, digital cable, phone service and Internet access through
twisted copper pair or (POTS).
AirNexus, Inc. is a provider of commercial voice, data and
Internet services, offering a true integrated suite of voice, data and
Internet services on one single cable plant. AirNexus is one of the
leading providers of 3Com's (Nasdaq:COMS) new NBX 100, CTI Magazine's
1999 product of the year, and the Maisoft Office Messenger, another
CTI product of the year.
The statements made by Lakota Technologies (Lakota) may be
forward-looking in nature. Actual results may differ materially from
those projected in forward-looking statements. This information is not
a recommendation to buy or sell securities Lakota. The statements and
opinions presented are the views of Lakota and are subject to change.
Merger Communications (Merger) is a financial media relations firm
employed by Lakota. Merger and Lakota believe that all information in
this release has been obtained from sources considered reliable, but
cannot guarantee that the statements presented herein are accurate or
complete. Lakota believes that its primary risk factors include, but
are not limited to: the need for substantial financial requirements;
the need to develop effective internal processes and systems; changes
in the overall economy; changes in technology; the number and size of
competitors in its markets; continued and future strategic alliances;
changes in the law and regulatory policy; and the mix of product and
services offered in Lakota's target markets. Merger Communications,
its officers, directors and employees own 130,000 shares of company
common stock. Merger's receives part of its compensation in stock and
is entitled to a compensation of 355,000 shares over the course of the
lifetime of its long-term media relations contract with Lakota. Merger
typically has a long position in the securities of the companies in
which it publishes information, and Merger may be buying or selling
securities in the course of its regular business.
--30--AR/na*
CONTACT: Merger Communications, Inc.
David Drake, 713/572-2560 x 100
Email: ddrake@mergerusa.com
or
Lakota Technologies, Houston
Cody Morgan, 281/925-2500 |
