VCSY NEWS!(BSNS WIRE) Vertical Computer Systems, Inc. Compliant With Over the Counter
Vertical Computer Systems, Inc. Compliant With Over the Counter Bulletin Board
Listing Requirements
Business Editors
LOS ANGELES--(BUSINESS WIRE)--May 3, 2000--Vertical Computer
Systems, Inc. (OTCBB:VCSYE) announced today that it is now in
compliance with all requirements for continued listing on the Over The
Counter Bulletin Board. In association with the Company becoming
compliant with SEC reporting requirements the Company's stock symbol
will resume its original trading symbol of "VCSY". The current stock
symbol is VCSYE.
On May 2, 2000 the Company completed and filed its 8-K, reporting
its merger with Scientific Fuel Technology, Inc. ("Scientific"), a
1934 Act fully reporting company. Pursuant to the merger and under the
provisions of Rule 12g-3 of the Exchange Act, Vertical Computer
Systems, Inc. assumed the reporting obligations of Scientific, by
electing successor issuer status to Scientific, which causes Vertical
Computer Systems, Inc. to become a fully reporting company.
About Vertical Computer Systems:
Vertical Computer Systems, Inc. is a multi lingual portal
provider, and e-commerce solutions company, based in the United
States. The Company provides a full range of Internet services that
include building e-commerce solutions both nationally and
internationally, distributing content via its multi lingual portal
networks (http://www.TheChinaBridge.com and
thebrazilbridge.com); and EMail Services
(http://www.ThePostMaster.net). Through its wholly-owned subsidiary,
Externet World, Inc., the Company provides online shopping services
(http://www.ShoppingInternet.com) and proprietary online gaming
software (http://www.ccpSoftware.com). Vertical Computer Systems is
committed to building e-commerce communities allowing the development
of the Internet in the Americas, Europe, Asia and Pacific Rim.
This material was prepared and disseminated by The Hawke Group,
Inc. ("Hawke") for the Company discussed herein, based upon Company
supplied information or other sources believed to be reliable. The
information is not guaranteed by Hawke for accuracy or to be all
inclusive. Forward-looking statements in this release are made
pursuant to the Safe Harbor provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
subject to certain risks and uncertainties and actual results could
differ from those discussed. This material is information only and is
not an offer or solicitation to buy or sell the securities. Hawke, its
affiliates, and/or its officers, directors and employees may from time
to time have a position in these securities. Vertical Computer
Systems, Inc. has retained The Hawke Group as a Financial Public
Relations Consultant for 600,000 shares of restricted stock which was
purchased by Hawke for $1500.00.
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CONTACT: Broker Contact:
The Hawke Group, Inc., Fort Lauderdale, Fla.
Scott Phillips, 954/564-7114
Fax: 954/564-9848
Visit our website at www.hawkegroup.com
or
Investor Contact:
Mandel Consulting
Phone: 954/973-3493
Fax: 954/973-3558
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: INTERNET E-COMMERCE
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