EAST is now GCAP:
Eastbrokers International Incorporated Changes Name To Global Capital Partners Inc.
CHARLOTTE, N.C., Feb. 1 /PRNewswire/ -- Eastbrokers International Incorporated (Nasdaq: EAST; Berlin and Frankfurt Exchanges: ETB) announced today that effective February 2, 2000, the Company's name will change to Global Capital Partners Inc. The Company's new Nasdaq trading symbols will be (``GCAP') for its common stock and (``GCAPW') for its warrants. ``With 450 employees in 7 countries and over $1.5 billion under management, Global Capital Partners Inc. reflects a clearer portrayal of our current global business,' said Martin A. Sumichrast, Chairman and Chief Executive Officer.
Global Capital Partners Inc. operates a highly diversified, international, investment banking and securities network. In Europe, Global Capital Partners owns a majority interest in WMP Bank AG, an Austrian bank and brokerage company (which plans to change its name to Global Capital Partners Bank AG) and which owns 6 other brokerages throughout Central and Eastern Europe, as well as 43% in UNITRUST HOLDING SA, a Geneva based financial services company. In the United States, the Company owns EBI Securities Corporation, a full service investment banking and brokerage firm with 20 offices, the JB Sutton Group (which will change its name to Global Capital Markets Inc.), a New York based investment banking and brokerage firm, a majority interest in Sutton Online LLC suttononline.com, an online trading firm and a thirty percent interest in MoneyZone.com moneyzone.com, a capital formation internet portal, which matches investors with entrepreneurs. MoneyZone.com trades OTC under symbol (``MNZN'). For further information about the Company, please contact the US corporate headquarters at 704.643.8220 or by e-mail at info@gcapitalpartners.com
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