United Leisure Corporation Submits Application for Nasdaq National MarketListing
Wed Mar 01 08:18:00 EST 2000
LOS ANGELES, Mar 1, 2000 (BUSINESS WIRE) -- United Leisure Corporation
(OTCBB:UTDL) today announced that it has filed an application with the Nasdaq
Stock Market to have its common stock listed for trading on the Nasdaq National
Market.
This action reflects the fact that the company now meets all quantitative
criteria for such a listing.
"We are pleased to announce United Leisure's application for listing on Nasdaq's
National Market. United Leisure Corporation, through its wholly owned
subsidiary, United Internet Technologies, is rapidly growing, and the visibility
and enhanced trading liquidity a Nasdaq listing can provide is an important part
of continuing to grow the company to our shareholders' benefit. We look forward
to being listed for trading alongside Nasdaq's many successful and respected
companies," said Brian Shuster, United Leisure Corporation's chief executive
officer.
This news release contains "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995, regarding the company's
business strategy and future plans of operations. Forward-looking statements
involve known and unknown risks and uncertainties, both general and specific to
the matters discussed in this news release. These and other important factors,
including those mentioned in various Securities and Exchange Commission filings
made periodically by the company, may cause the company's actual results and
performance to differ materially from the future results and performance
expressed in or implied by such forward-looking statements. The forward-looking
statements contained in this news release speak only as of the date hereof and
the company expressly disclaims any obligation to provide public updates,
revisions or amendments to any forward-looking statements made herein to reflect
changes in the company's expectations or future events.
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