Sept. 2nd 1997 Press Release-
Tuesday September 2 8:30 AM EDT
Company Press Release
Source: ComTech Consolidation Group, Inc.
ComTech Announces Appointment of PR Firm and Forward Split
HOUSTON, Sept. 2 /PRNewswire/ -- ComTech Consolidation Group, Inc. (OTC Bulletin Board: CCGI), (the
``Company''), today announced that it has appointed Continental Capital & Equity Corporation (CCEC) of Maitland, Florida
as its public relations firm. CCEC is a diversified full service financial relations company that bridges the communication gap
between public companies and the investment community, via various forms of media, including the Internet, direct mail and
radio. The Company stated ``ComTech selected CCEC due to its sterling reputation in the industry together with its proven
track record of obtaining long term positive results for their clients''.
The Company also announced, that its board of directors and majority shareholders have today approved a 2-for-1 forward
split of its common stock, to be effective September 15, 1997. ComTech president, Richard Behlmann stated, ``management
recommended the forward split to increase the number of shares available to the market to decrease volatility in anticipation of
the forth coming CCEC public relation campaigns. It was felt that being exposed to thousands of potential investors over the
next few months by CCEC, the demand for ComTech shares could easily out pace the available supply. While we want and
need more shareholders to qualify for a planned future NASDAQ listing, we also want an orderly market, not one that runs
the price of our shares through the roof''.
ComTech, listed on the OTC BB as CCGI, is an emerging growth company with core businesses in communication
technology services specializing in electronic network security and Internet security solutions. Information regarding
ComTech can be found on its web site (http://www.ccg.net ).
More details to follow.
SOURCE: ComTech Consolidation Group, Inc. |
