VentureNet.com Signed a Contract With World Transport Authority
TEMECULA, Calif., May 11, 2000 (BUSINESS WIRE) -- VentureNet.com Inc.
(www.vntrnet.com, a Delaware, Corp.) Thursday announced that it has signed a
contract with World Transport Authority (OTCBB: CARH) and (POH:Frankfurt
Exchange) to act as consultant in all its international dealings
(www.wtaworldstar.com).
Composite Automobile Research Ltd. and World Tranport Authority Inc. serve the
emerging world's transportation needs through in-country manufacturing
facilities utilizing local semi-skilled labor to produce the Worldstar(R) line
of utility vehicles.
VentureNet.com specializes in providing financing and managament expertise to
pre-public and public emerging growth companies, demonstrating a high growth
potential. The core of the company's business is bringing together companies and
value seeking investors an opportunity for substantial returns, while helping
the most promising companies realize their visions for the future.
VentureNet.com Inc. is a venture capital firm that specializes in funding early
stage and first round financings for consumer and technology based companies.
For further information, contact Tammy Billington in shareholder relations at
909/693-1644.
Safe Harbor Statement
The foregoing news release may include numerous forward-looking statements
concerning the company's business and future prospects and other similar
statements that do not concern matters of historical fact. The Federal
securities laws provide a limited "safe harbor" for certain forward-looking
statements. Forward-looking statements in this news release relating to product
development, business prospects and development of a commercial market for
technological advances are based on the company's current expectations. The
company's current expectations are subject to all of the uncertainties and risks
customarily associated with new business ventures, including but not limited to,
market conditions, successful product development and acceptance, competition
and overall economic conditions, as well as the risk of adverse regulatory
actions. The company's actual results may differ materially from current
expectations. Readers are cautioned not to put undue reliance on forward-looking
statements. The company disclaims any intent or obligation to update publicly
these forward-looking statements, whether as a result of new information, future
events, or for any other reason.
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Copyright (C) 2000 Business Wire. All rights reserved.
CONTACT: VentureNet.com Inc., Temecula
Tammy Billington, 909/693-1644 |
