Company Press Release: MVSI Engages BlueStone Capital Partners LP.
For the record, here is a copy of the Press Release and the URL:
biz.yahoo.com
----------------------------------------------------------------------
Wednesday March 4, 1:19 pm Eastern Time
Company Press Release
SOURCE: MVSI, Inc.
MVSI Engages BlueStone Capital Partners LP.
VIENNA, Va., March 4 /PRNewswire/ -- MVSI, Inc. (Nasdaq: MVSI - news), a Washington, D.C. area broad based
technology company, announced today that it has engaged the New York-based investment banking firm, BlueStone Capital
Partners LP. (''BlueStone Capital'') to provide advisory services pertaining to MVSI's strategy for enhancing shareholder
value. BlueStone Capital advisory services to MVSI will include financial advice, debt or equity financing and advice on
mergers and acquisitions.
Edward Ratkovich, Chairman and Chief Executive Officer of MVSI, commented, ''We are extremely pleased that MVSI was
able to secure the services of BlueStone Capital, a firm with a successful record in our industry of advising fast growing
companies in mergers, acquisitions and strategic alliances, and we look forward to working with them as we implement
strategic initiatives intended to enhance shareholder value.''
MVSI performs computer software engineering and development for systems applications, including implementing Year 2000
remediation solutions for corporate and government clients. For the same customer base, MVSI integrates and markets brand
name proprietary and generic high-end computer system hardware and software products and support services to include
technology training in advanced hardware and software systems. MVSI also manufactures and integrates machine vision
systems for the robotics and semiconductor industries as well as other industries.
Except for historical information herein, certain matters discussed in this release include forward-looking statements that may
involve a number of risks and uncertainties, which projections and statements are made pursuant to the ''Safe Harbor''
provisions of the Private Securities Litigation Reform Act of 1995. Actual risks and results may vary significantly based on a
number of factors, including, but not limited to: risks in products and technology development; market acceptance of new
products; continuing product demand; the impact of competitive pricing and the Company's relations with its customers; and
other risks or events detailed in the Company's current and future filings with the Securities and Exchange Commission, and
other public announcements.
For additional public information on MVSI Inc., please contact the company at its principal executive offices at 8133 Leesburg
Pike, Suite 750, Vienna, Virginia 22182, telephone 703-356-5353 and facsimile 703-356-5354. MVSI, Inc.'s Web site is
located at www.mvsiinc.com, or BlueStone Capital Partners, LP., Attn: Richard A. Mandell, at 575 Fifth Avenue, New York,
NY 10017, telephone 800-236-0835 and facsimile 212-681-8320.
SOURCE: MVSI, Inc. |
