Hope I don't get into trouble on this posting but here's the update from RRL:
"Subject: Rocca Leads the Way to Nasdaq North Date: Mon, 31 Jan 2000 08:20:55 -0800 From: Rocca Resources Ltd <info@roccaresources.com> To: smurray@videon.wave.ca
Trading symbol V.RRL January 30\00
Rocca Resources Ltd wrote:
For reasons of giving full credit to the co-development of myE-desk.com, we have made some amendments to the Friday news release (below). We would also like to thank you for the strong support, and large amount of e-mails concerning this exciting new acquisition. There were some common questions that we have been recieving , so for your information these questions and answers have been posted below.
1. Will Chaitanya be working for Rocca the same as Rishi?
Yes he will. We will also be hiring a team of programmers here in Vancouver to work on myE-desk.com exclusively. This team will have the use of both Rishi and Chaitanya as resources.
2.How will Siegesoft.com and myE-desk.com be related.
The high market potential in the Online Desktop field is a great complement to the strong growth in the Siegesoft.com privacy sector. Using the strengths of both these markets Rocca Resources Ltd. will develop the two services independantly, but market them together. The nature of how these products work online will allow for flexible strategies in gaining market share.
3.What competition is out their for myE-desk?
Hotoffice.com and Desktop.com are the two major competitors within the Online Desktop field. You can check out their respective websites to gain a better understanding of the market that myE-desk will enter into.
4.Will the stock go up because of this acquisition?
This common question is one I am not allowed to answer, however I can provide information so that you the investor can answer and better understand your self. Discuss this question with your broker as he/she can speculate on market price. Some things to consider are: A. This new acquisition is of the same magnitude as that of Siegsoft.com, This same potential is being introduced.
B. myE-desk should attract a strong interest from the mainstream media, most of the media that we got on SiegeSoft.com should have a renewed interest as result of this second acquisition from the same 15 year old.
Thank you,
Bill Sakkalis Investor Relations Toll Free 1 877 377 6222 Tel (604) 681-1568 E-mail info@roccaresources.com ICQ 50678193 Fax 1 604 681 8240
Rocca Buys A Bhat/Mehra Brainwave ð myEdesk.com!
Chicago teenage programming geniuses Rishi Bhat and Chaitanya Mehra have teamed up with Rocca Resources Ltd to create a superbly conceived online Internet productivity tool, myEdesk.com.
Built to handle group communications and time and data management for both private and corporate computer users, myEdesk will become another major building block in Roccaûs suite of Internet software products.
myEdesk is a web-based service, which allows a small company or individual users, to use the Internet as its primary corporate network, as well as offering the private individual a fast, dependable way to access his or her desk top from any Internet-connected computer.
Armed with a PC and an Internet connection, a small business user can now tap into a fully-secured, network environment, specifically geared to generate responsive, functional solutions for day-to-day needs and problems.
myEdesk users can now rely on an array of services, from e-mail, one step document publishing and posting and online directory assistance, to virtual meetings and electronic forums. As other needs are identified, new solutions will be added by the Rocca in-house technical team with the assistance of Chaitanya Mehra and Rishi Bhat.
myEdesk plans to offer a developerûs toolkit, allowing for the rapid development of accessories by independent software developers, to be marketed through myEdesk on a revenue-sharing basis.
In September 1999, Rocca Resources Ltd. acquired the Internet Privacy software company SiegeSoft Systems from Rishi Bhat and Antonio Guillen.
myEdesk.com is a second product by Rishi and was developed in partnership with another youthful prodigy, Chaitanya Mehra. As Chaitanya is a resident of Santa Barbara, California, the program was developed in combination with Rishi for the Internet through the Internet; a perfect example of the Webs versatility and functionality.While beta testing continues, site access will be restricted to those who took part in the alpha testing stage. As soon as this is completed, access will be open to all.
myEdesk.com?s close competitor, Hot Office, offers a similar services in the $19.95 Cdn range per user per month.
On behalf of the Board of Directors of ROCCA RESOURCES LTD. Per: David Ian Hodge, Director" |