eSAFETYWORLD Comments On Stock Market Activity
BOHEMIA, N.Y.--(BUSINESS WIRE)--Oct. 22,
2001--Edward A. Heil, President of eSAFETYWORLD, Inc.
(Nasdaq:SFTY - news), which specializes in serving the critical
environment and personal care markets and provides sophisticated
consulting and support services to emerging companies, today said
that ``Last Friday, October 19, 2001, there was a significant
increase in the market activity involving our common stock. We
were surprised by the level of activity and believe it resulted from a
press release announcing our new product designed to make
mailrooms safe from biological or chemical contaminants. Our
officers and directors are very confident in the direction that the
Company is going. As such, no officer or director has sold any of
our shares since the Company completed its public offering and
none of Friday's activity related in any way to the sale of shares
held by any officer or director.''
About eSAFETYWORLD, Inc.
eSAFETYWORLD markets and distributes disposable industrial
safety products to companies having employees working in
manufacturing, construction or critical environments and those
employees being exposed to environmental hazards. Its
e-Commerce Web site is located at esafetyworld.com.
The Company also offers its customers a 360 degree ordering
solution by making toll free numbers and catalogs available for
customers who prefer traditional ordering methods. In October
2000, the Company announced that it was creating a
consulting/accelerator consulting group to serve emerging or
promising businesses as well as a new subsidiary selling personal
care and nutritional items through a network of independent
distributors.
Statements in this news release concerning future results, performance, expectations or intentions are
forward-looking statements. Actual results, performance or developments may differ materially from
forward-looking statements as a result of known or unknown risks, uncertainties and other factors,
including those identified in the Company's filings with the Securities and Exchange Commission, press
releases and other public communications. In addition, nothing in the press release should be viewed
as an update or comment on earlier forward-looking statements provided by eSAFETYWORLD. As
noted above, because actual results, performance or developments may differ materially from
forward-looking statements, eSAFETYWORLD will not update such statements over the course of
future periods. |
