Thursday June 1, 6:59 am Eastern Time
Company Press Release
E-Sync Networks, Inc. Moves Trading to Nasdaq SmallCap Market
TRUMBULL, Conn.--(BUSINESS WIRE)--June 1, 2000--E-Sync Networks, Inc. (Nasdaq:ESNI - news; www.e-syncnet.com), a leading provider of global e-business-to-business applications and services, today began trading on The Nasdaq SmallCap MarketSM under the ticker symbol ``ESNI''.
The stock had been traded previously on the OTC Bulletin Board System.
``Today, we begin a new era in our company's history,'' says Jonathan Rubin, CEO of E-Sync Networks. ``Our listing on Nasdaq not only heightens our profile among the world's investment and technology communities, but it also provides us with the foundation for growth in the future. As we move forward, we will continue to focus on increasing shareholder value and on delivering the market's foremost business-to-business (B2B) integration solution.
``Wherever two applications need to communicate -- within a company or between companies -- E-Sync has the best and most secure solution,'' adds Rubin.
In January, E-Sync announced the beta launch of TotalChain, a secure business-to-business solution that links applications both inside and outside the enterprise, coordinating a company's applications with those of its customers and suppliers.
About E-Sync Networks, Inc.
Headquartered in Trumbull, CT, with offices in New York and the U.K., E-Sync Networks, Inc. (Nasdaq:ESNI - news) offers leading web-based e-business applications, web supply chain expertise, IT support and high-performance hosting capabilities to link business partners on the Internet. E-Sync Networks has an extensive corporate client base, including Briggs & Stratton, Ford(TM), Instinet, IVANS, Johnson & Johnson, Pepsi(TM), Ralston Purina, Traveler's Insurance, and USABancShares.com. The company's largest shareholder is New York-based venture fund Commercial Electronics Capital Partnership, LP (CECAP). CECAP (www.cellc.com) is an exclusive partner of TRW, Inc. (NYSE:TRW - news), established solely to create independent businesses founded on TRW technologies in markets outside of TRW's strategic interests. More information can be found on the Internet at www.e-syncnet.com. |
