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Microcap & Penny Stocks : CISI - At $.03 you can't miss!!!!

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To: luey_bitter who started this subject8/20/2000 12:47:45 PM
From: luey_bitter   of 53
 
I assume that the search engine used in banner manor and banners.ecismall.com is licensed by Matdean Technologies Inc?

"The licence includes a right to use Matdean's digital graphic search engine. This search engine is used in business to business, business to consumer and other e-commerce applications. An example of this search engine can be found at banners.ecismall.com."

Magra Computer Technologies Corp.
6/21/00 - Revision To Acquisition Of Internet Based E Commerce Company
MAGRA COMPUTER TECHNOLOGIES CORP. ("MGRA-Z") - Revision To Acquisition Of Internet Based E-Commerce Company
Magra Computer Technologies, Inc. ("Magra") announces that the acquisition of Matdean Technologies Inc. ("Matdean") has been revised. Instead of acquiring all the equity in Matdean, Magra has acquired a licence of Matdean's internet based e-commerce technology in consideration for the issue of 1,500,000 Magra common shares and a license fee equal to ten percent of gross sales. Matdean is a private company which was at arm's length prior to Mr. Allan Smith becoming a director of Magra on February 29, 2000.

The licence includes a right to use Matdean's digital graphic search engine. This search engine is used in business to business, business to consumer and other e-commerce applications. An example of this search engine can be found at banners.ecismall.com.

Magra considers that the licence of Matdean Technologies Inc. will give it a good entre into the world of e-commerce shopping malls. Matdean Technologies Inc. has not to date generated any revenues.

The foregoing transaction is subject to regulatory approval. TEL: (905) 601-0971 Mr. Allan Smith

Magra Computer Technologies Corp.

____________________________________________________________

(c) Market News Publishing Inc. Tel:(604) 689-1101

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Fax:(604) 689-1106
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