VHSN description. This may be redundant for some but I'm posting the lead in from the "old" VHSN thread just in case some people get confused and wonder what we're going on about here.
(BUSINESS WIRE)--The following Corporate Profile is available for inclusion
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Published Date: Nov. 27, 1998
Company Name: VHS Network Inc.
Address: 228 Matheson Blvd., East
Mississauga, Ontario, Canada
L4Z1X1
Main Telephone
Number: 905/890-8221
Chief Executive
Officer: Elwin D. Cathcart
Chief Financial
Officer: David J. Smelsky
Investor Relations
Contact: Pat Vitucci
Business number: 609/748-0563
Public Relations
Contact: Elwin D. Cathcart/David J. Smelsky
Business number: 905/890-8221
Trading Symbol/
Exchange: VHSN/OTC-BB
Industry: Electronic Commerce, smartCARD(tm) Loyalty Marketing
and Internet Communications
Company description: VHS Network Inc. is involved in Electronic Commerce
and Banking, smartCARD(tm)
Loyalty Marketing and Internet Communications. The company will sell
ATM/Kiosk units, with additional revenue
coming from software, screen advertising and transaction processing. Within its
smartCARD(tm) Loyalty
Marketing Program, the company will offer disposable and reloadable
''smartCARD(tm)'' (Stored Value Cards),
Kiosks/ATMs developed with dual functionality, and turn-key value added loyalty,
merchant driven point of sale
cards on a closed or open environment. The company's ''Web Ranger'' (a TV
set top Internet box) gives VHSN's
network communication distributors, Internet access to its distributors only
website, and allows the purchase of
products and merchandise. Revenue will come from monthly box rental fees and
merchandise sales.
smartCARD(tm) is a Registered Trademark of Groupmark Canada Limited.
VHSN's Commitment to increasing shareholder value by aggressively pursuing
acquisitions will add immediate
revenue streams for the company. Management has created a synergistic
paradigm that bridges together products
and services that are not only on the cutting edge of technology, but more
importantly, are on the cutting edge of
consumer use. Through its acquisitions of I.C.E/Airtel and NEO Products Pty.
Ltd., and the release of its ''Web
Ranger,'' the company is looking at $25 million to $30 million in revenue for
1999/2000.
Contact:
VHS Network Inc.
905/890-8221 |
