NEWS NEWS
ConSyGen Registers BizPay International, Inc. as Delaware Corporation
TEMPE, Ariz., Apr 11, 2000 /PRNewswire via COMTEX/ -- ConSyGen, Inc. (OTC
Bulletin Board: CSGI) (www.consygen.com), announced today that it has registered
BizPay International, Inc. as a Delaware corporation. BizPay International is a
wholly owned subsidiary of ConSyGen, Inc.
"BizPay International will function as the holding company for all of the
BizPay(TM) rollouts around the world," remarked Eric Strasser, ConSyGen's Chief
Financial Officer. "By setting up BizPay International as a Delaware
corporation, we are in a position to spin this company off to our shareholders
once it becomes successful." BizPay International, Inc. will own ConSyGen's
interest in all of the BizPay corporations and joint ventures around the world.
The Board of Directors and management team will be chosen by Lew Burridge,
ConSyGen's CEO. Rick Somerton, Chairman and CEO of Notremos Corporation Pty
Ltd., an Australian company, has agreed to take a seat on the BizPay
International, Inc. Board of Directors. Notremos is a 50% partner in BizPay
Australia. A reciprocal arrangement is in place, with a member of the BizPay
International, Inc.'s management team having a seat on the board of MCorp.com.au
Pty Ltd., Notremos' international holding company. Additionally, BizPay
International and MCorp.com.au are exploring a joint business development
agreement to extend past the Australian project to other countries around the
world.
About ConSyGen
ConSyGen's business is customer-driven, technology-influenced and
service-oriented, coupled with world-class software development. In order to
achieve the core company goals, various business units have the responsibility
for developing cohesive missions, quantifiable objectives and comprehensive
strategies. These business units include E-Commerce, Internet Services, and
Business Products.
Forward-looking statements involve risks and uncertainties that may cause actual
results to differ materially from those projected in such forward-looking
statements. Factors which could affect results include the development of
competing or superior technologies, market awareness, acceptance of ConSyGen's
technology or products, overall market demand for conversion services, the
company's ability to attract and retain qualified personnel, the companies
ability to protect its propriety information and other risk factors set forth in
the company's SEC filings.
Contact: Jason Genet of ConSyGen, Inc., 480-394-9100, www.consygen.com.
SOURCE ConSyGen, Inc.
(C) 2000 PR Newswire. All rights reserved.
http://www.prnewswire.com
CONTACT: Jason Genet of ConSyGen, Inc., 480-394-9100
KEYWORD: Arizona
INDUSTRY KEYWORD: CPR
SUBJECT CODE: OTC
URL: consygen.com |
