NEWS: under the FVSN symbol . . .
ATLANTA--(BUSINESS WIRE)--Feb. 7, 2000--Foodvision.com, Inc. (OTC
BB: FVSN), a leading Internet Food Portal, announced today that on
February 4, 2000 the company entered into a stock exchange agreement
with Echelon Acquisition Corporation (a fully reporting company) under
which Foodvision.com, Inc. acquired 100% of the stock of Echelon.
Immediately subsequent to the stock exchange, Foodvision.com,
Inc. elected successor issuer reporting status under Rule 12g-3 of the
Exchange Act. The company filed a form 8K with the SEC, which is
expected to be available through the SEC's EDGAR system within the
next 24 to 48 hours at www.sec.gov . The 8K filing is the company's
initial filing as a fully reporting company.
"We are extremely please with Foodvision.com's fully reporting
status" stated Paul R. Smith, Chairman & CEO. "We remain committed to
providing our investors with an excellent Food Portal. Our fully
reporting status should increase our public profile considerably and
enhance our access to the capital markets we need to make
Foodvision.com a national brand."
Foodvision.com, Inc., is a food-specific Internet information
provider and portal company that integrates traditional business
systems in food and beverage operations with leading-edge technologies
in Internet systems. The linking of substantial expertise in food
establishment operations and state-of-the-art Internet business
provides the shareholders and partners of foodvision.com with a solid
financial base and the exciting growth potential.
Foodvision.com can be found at foodvision.com.
More information can be found on the company's web site at
foodvision.com . For Investor Relations information please
contact at 1-800-290-8935 or 1-716-256-8035.
"Safe Harbor" Statement Under The Private Securities Litigation
Reform Act of 1995. The statements in the press release that relate to
the company's expectations with regard to the future impact on the
company's results from new products in development are forward-looking
statements, within the meaning of the Private Securities Litigation
Reform Act of 1995. The results anticipated by any or all of these
forward-looking statements may not occur.
--30--db/ny*
CONTACT: Foodvision.com
Paul R. Smith, Chairman/CEO
770-937-0960 |
