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Technology Stocks : Preference Technologies

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To: StockDung who wrote (293)2/7/2001 7:28:08 PM
From: blebovits  Read Replies (3) of 460
 
Preference Technologies Announces Resignation of President


LAS VEGAS--(BUSINESS WIRE)--Feb. 2, 2001--Preference Technologies(TM) Inc. (OTCBB:PFER) today announced that the company has accepted the voluntary resignation of Bill Louden as president and chief operating officer today.

The company also expressed appreciation for Louden's tenure of service.

Preference Technologies is continuing to move forward with its previously announced acquisition of USAutoNews.com.

Statements about the company's future expectations, including future revenues and earnings, and all other statements in the news release other than historical facts, are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the company's actual results could differ materially from expected results.

Note to editors: Preference Technologies, QuoteStream, the Global Information Gateway, GIG and the Preference Technologies logo are trademarks of Preference Technologies Inc. Other companies' products may be trademarked by their respective companies and therefore are protected by law.

CONTACT:

Preference Technologies Inc., Las Vegas

Kingsley Sur, 702/648-6400

ksur@mygig.com

KEYWORD: NEVADA
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