Meridian Holdings Extends Subscription Period for InterCare.com
Meridian Holdings Extends Subscription Period for InterCare.com-dx, Inc.
Offering, as Dividend Distribution of CGICS Subsidiary Commences
LOS ANGELES, March 6. /PRNewswire/ -- Meridian Holdings, Inc.
(OTC Bulletin Board: MEHO), announced today that the deadline for the receipt
of subscription agreements, together with the applicable funds from Meridian's
shareholders interested in purchasing InterCare.com-dx, Inc. shares has been
extended through and including March 21, 2001. The purpose of this extension
is to meet certain logistical needs of the company and its shareholders. The
company expects that it will permit interested parties who are not Meridian
shareholders to subscribe for shares of InterCare.com-dx, Inc., starting on
March 22, 2001. InterCare.com-dx, Inc., reserves the right to modify,
postpone, or cancel the offering of its shares at any time prior to the
consummation of the sale of such shares.
This offering of shares of InterCare.com-dx, Inc is subject to the
relevant securities laws of the states in which Meridian's shareholders reside
or are domiciled and to the securities laws of such other states where other
interested parties may reside or are domiciled. This announcement is not an
offer to sell or the solicitation of an offer to buy InterCare.com-dx, Inc.'s
common stock, nor shall there be any sale thereof in any state in which such
offer, solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of any state. Such offer will be made
only through a prospectus, a copy of which is available from Meridian or from
InterCare.com-dx, Inc.
Meridian also announced today that its transfer agent, Corporate Stock
Transfer (Denver, Colo.), is initiating the processing of the previously
announced and approved dividend distribution to the company's shareholders of
the common stock of its CGI Communications Services, Inc. subsidiary (CGICS).
This dividend distribution had been delayed to allow Corporate Stock Transfer
sufficient time to process the InterCare.com-dx, Inc., prospectuses.
About Meridian Holdings, Inc., InterCare.com-dx, Inc., and CGI
Communications Services, Inc.
Meridian Holdings, Inc. is an acquisition-oriented business enterprise
focused on building, operating and managing a portfolio of business-to-
business companies. Meridian seeks to acquire majority or controlling
interests in companies engaged in e-commerce, e-communication, and e-business
services, which will allow the holding company to actively participate in
management, operations and finances. Meridian's network of affiliated
companies is designed to encourage maximum leverage of information technology,
operational excellence, industry expertise and synergistic business
opportunity. Meridian is committed to building shareholder value by
positioning affiliated companies as independent business entities in which
Meridian shareholders enjoy equity participation. The company's
InterCare.com-dx, Inc. subsidiary is an FDA-registered internet-based health
care management software developer and solutions provider. CGI Communications
Services (CGICS) is a specialized, single-source applications services
provider (ASP) subsidiary of Meridian Holdings, Inc. For more information,
visit Meridian's web site at www.meho.com, InterCare's web site at
www.intercare.com, and the CGICS web site at www.cgics.com.
NOTE: Statements in this news release that are not purely historical are
forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are
made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995 and any amendments thereto. Material that is
forward-looking may contain statements about expected future events and/or
financial results that are forward-looking in nature. Editors and investors
are cautioned that such forward-looking statements invoke risk and
uncertainties that may cause the company's results to differ from such
forward-looking statements. These include, but are not limited to, economic,
competitive, governmental, technological and other factors discussed in the
statements and/or in the company's filings with the Securities and Exchange
Commission.
SOURCE Meridian Holdings, Inc.
-0- 03/06/2001
/CONTACT: Anthony C. Dike, Chairman/CEO of Meridian Holdings, Inc.,
213-627-8878; or Madeleine Franco of Jordan Richard Assoc., 801-268-8610,
ir@jordanrichard.com, for Meridian Holdings, Inc./
/Web site: cgics.com
/Web site: intercare.com
/Web site: meho.com
(MEHO)
CO: Meridian Holdings, Inc.; InterCare.com-dx, Inc.; CGI Communications
Services |
