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Microcap & Penny Stocks : CCAA - CALA CORPORATION - Undersea Resort Hotel.

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To: Due Diligence who wrote ()4/27/2000 11:55:00 AM
From: SSP  Read Replies (1) of 106
 
Cala Corporation Targets Listing on European Exchange

OKLAHOMA CITY, Apr 27, 2000 /PRNewswire via COMTEX/ --  Joseph Cala, Chairman
and CEO of Cala Corporation (OTC Bulletin Board: CCAA) today announced that its
recently opened office in Milan, Italy is actively pursuing a listing on The
European Alliance of Stock Markets for Growth Companies (EURO.NM).


Cala Corporation,
Pozzulo Martesana
Milano-Italy
02.95358828

EURO.NM is a pan-European grouping of regulated markets dedicated to growth
companies, regardless of their sector of activity or home country. The members
of EURO.NM and their respective growth markets currently include the Paris
bourse (Le Nouveau Marche), the Deutsche Borse (Neuer Markt), The Amsterdam
Exchanges (EURO.NM Amsterdam), the Brussels Exchanges (EURO.NM Belgium), and the
Italian Exchange (Nuovo Mercato). Major developments will take place in the near
future with several European growth markets considering joining the EURO.NM
alliance. These include: the Stockholm Stock Exchange, the Copenhagen Stock
Exchange, the Swiss Exchange, the Oslo Stock Exchange and the Helsinki Stock
Exchange.

Mr. Cala is convinced that a listing on EURO.NM will greatly benefit Cala
Corporation by increasing market recognition, expanding market share, and
diversifying its financial and shareholder base. Innovative companies with high
growth potential, such as Cala Corporation, require stock markets geared to
their specific needs. These include secure and easily accessible markets where
equity financing is readily available. A listing on EURO.NM will attract both
domestic and international institutional investor participation while exposing
Cala Corporation to a broader base of industry analysts.

EURO.NM is developing, pan-European network of high growth stock markets,
providing single point access for market information and trading across Europe.
Cala Corporation plans to be part of this process.

For further information on Cala Corporation, please contact (405) 234-4960 or
e-mail info@calacorporation.com.

The information in this company profile includes certain forward-looking
statements as defined in the "Safe Harbor" provision of the Private Securities
Litigation Reform Act of 1995. These statements are based upon assumptions that
are subject to significant risks and uncertainties. Although the Company
believes that the expectations reflected in forward looking statements are
reasonable, it can give no assurance that the expectations of any of its
forward-looking statements will prove to be correct.

SOURCE Cala Corporation


(C) 2000 PR Newswire. All rights reserved.

prnewswire.com
-0-

CONTACT: Cala Corporation, 405-234-4960, or email
info@calacorporation.com


KEYWORD: Oklahoma
Italy
INDUSTRY KEYWORD: RST
SUBJECT CODE: OTC

URL: calacorporation.com

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