(COMTEX) B: pcLoans.com CEO to be Featured on Vcall Online Interview MILLERSVILLE, Md., Aug 7, 2000 (BUSINESS WIRE) -- pcLoans.com Inc., the mortgage banking subsidiary of VLDC Technologies Inc. (OTC:PCLO), announced today that Michael Scott Hess, the company's chairman and CEO, will be featured in a live online audio interview with Vcall. The live interview will be held on Tues., Aug. 8, 2000 at 8:00 a.m. Eastern Time, and can be accessed at www.vcall.com. The interview is part of a new corporate communications initiative geared towards keeping the investment community of VLDC Technologies Inc.'s current shareholders informed as to the status of company affairs. During the interview, Hess will discuss pcLoans.com's unique business model and its new B2B origination strategy, designed to integrate advanced Internet lending technology with traditional bricks-and-mortar lending services. For those unable to listen to the initial airing of the interview, the archived version will be available at www.wallstreetwest.com and at www.vcall.com. About Vcall As part of the Investor Broadcast Network (www.investorbroadcast.com), Vcall provides a method by which small companies can reach a large number of investors. Currently, more than 35,000 analysts, institutional investors and portfolio managers use Investor Broadcast Network sites, as well as an additional 400,000 individual investors. Vcall offers free, live and archived streaming audio Webcasts of official investor relations events, including quarterly earnings conference calls, analyst conference, annual shareholder meetings, merger announcements, product announcements and press conferences. The information discussed during these events reaches a broad audience of top-tier investors while reducing the high risk of selective disclosure. About pcLoans.com Inc. pcLoans.com Inc. operates as an Internet mortgage originator via a proprietary B2B marketing strategy. The company's integrated Web site -- www.pcLoans.com -- gives users the convenience of the Internet coupled with the personal touch of a local loan officer. The company employs a unique three-step approach to building a national brand. First, pcLoans.com is acquiring and consolidating traditional "bricks-and-mortar" mortgage companies into a national network of regional operations centers. Second, it is enabling this network with state-of-the-art Internet origination and technology systems. Third, pcLoans.com is launching a national network of local origination affiliates capable of driving repeat business to its Web site. By deploying this three-step approach, pcLoans.com anticipates that its rapid growth and market penetration will continue to accelerate. About VLDC Technologies Inc. VLDC Technologies Inc. (VLDC) acquires and invests in companies that combine leading edge technology with innovative, market-driven business models. In addition to wholly-owned subsidiary pcLoans.com Inc., VLDC has significant investments in International Mercantile Corporation (OTCBB:IMTL), an Internet-based computer manufacturer; Global Link Technologies Inc. (OTC:GLTK), an energy technology corporation; and HomeSmart.com (www.homesmart.com), an Internet real estate portal. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of VLDC Technologies Inc. and pcLoans.com Inc. to differ materially from those expressed or implied by such forward-looking statements. Merger Communications (Merger) is a media relations firm employed by VLDC Technologies Inc. Merger and VLDC believe that all information in this release has been obtained from sources considered reliable, but cannot guarantee that the statements presented herein are accurate or complete. Merger's monthly compensation for its financial media relations services, which includes the preparation and distribution of press releases, consists of five thousand free trading shares of VLDC's common stock per month paid to Merger by M&A West Inc. Merger typically has a long position in the securities of the companies in which it publishes information, and Merger may be buying or selling securities in the course of its regular business. CONTACT: Merger Communications, Houston Mark Siebert, 713/572-2560 (Investor inquiries) msiebert@mergerusa.com URL: businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Copyright (C) 2000 Business Wire. All rights reserved. |