Cyberfast CEO Returns From Due Diligence Trip at ID Four's California Facility
Cyberfast CEO Returns From Due Diligence Trip at ID Four's California
Facility
BOCA RATON, Fla., Nov 6, 2001 (BUSINESS WIRE) -- Cyberfast Systems Inc.
(OTC:CYSI) and ID Four LTD. (OTC:IDFR): Mr. Edward Stackpole, the co-chairman
and CEO of Cyberfast Systems Inc., returned from his three-day Due-Diligence
trip of ID Four's TLCO Software facility in La Jolla, Calif., on Saturday, Nov.
3, 2001.
What was seen and heard gave Stackpole great confidence in the value to
Cyberfast shareholders of the merger with TLCO Software, a division of ID Four
LTD. The anticipated closing date is Nov. 9, 2001, as contracted.
Stackpole commented, "I look forward to working with ID Four's CEO and TLCO
Software co-founder, Mr. Roger Pawson, on the transition of the merger."
Cyberfast will be further announcing a new Board of Directors and launching the
redesigned Web site: www.cyberfastsystems.com early next week from the company's
new La Jolla corporate offices.
Cyberfast's primary focus will be on the development and distribution of IDC
Technology, which already has a network database of over 1.3 million members.
IDC (Intelligent Digital Communication) Technology is an application developed
for PC Users as a pre-emptive problem solving and advance Virus Alert System by
use of intelligent pre-determined criteria and one-way messaging, always
protecting the privacy and identity of the end user.
More Information and a free download version of IDC Technology is available at:
www.idfour.com
"Safe Harbor" statement under the Private Securities Litigation Reform Act Of
1995: This release contains forward-looking statements that are subject to risks
and uncertainties, including, but not limited to, the impact of competitive
products and pricing, product demand and market acceptance, new product
development, reliance on key strategic alliances, availability of raw materials,
the regulatory environment, fluctuations in operating results and other risks
detailed from time to time in the company's press releases.
CONTACT: ID Four Ltd.
Christine Kincaid, 858/456-3524
URL: businesswire.com
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Copyright (C) 2001 Business Wire. All rights reserved.
-0-
KEYWORD: CALIFORNIA FLORIDA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS
SOFTWARE
SOURCE:
ID
Four
Ltd.
STOCK SYMBOLS: [(idfr)]\ [(cysi)]
Cyberfast CEO Returns From Due Diligence Trip at ID Four's California Facility
Cyberfast CEO Returns From Due Diligence Trip at ID Four's California
Facility
BOCA RATON, Fla., Nov 6, 2001 (BUSINESS WIRE) -- Cyberfast Systems Inc.
(OTC:CYSI) and ID Four LTD. (OTC:IDFR): Mr. Edward Stackpole, the co-chairman
and CEO of Cyberfast Systems Inc., returned from his three-day Due-Diligence
trip of ID Four's TLCO Software facility in La Jolla, Calif., on Saturday, Nov.
3, 2001.
What was seen and heard gave Stackpole great confidence in the value to
Cyberfast shareholders of the merger with TLCO Software, a division of ID Four
LTD. The anticipated closing date is Nov. 9, 2001, as contracted.
Stackpole commented, "I look forward to working with ID Four's CEO and TLCO
Software co-founder, Mr. Roger Pawson, on the transition of the merger."
Cyberfast will be further announcing a new Board of Directors and launching the
redesigned Web site: www.cyberfastsystems.com early next week from the company's
new La Jolla corporate offices. |
