news:
ACTIVEWORLDS.COM, INC. APPOINTS STRATEGIC GROWTH INTERNATIONAL AS FINANCIAL PUBLIC RELATIONS ADVISOR BUSINESS EDITORS NEWBURYPORT, MASS.--(BUSINESS WIRE)--MARCH 30, 1999-- ACTIVEWORLDS.COM, INC. (OTC
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NEWBURYPORT, Mass.--(BUSINESS WIRE)--March 30, 1999--
Activeworlds.com, Inc. (OTC Bulletin Board: AWLD.O) is pleased to
announce that it has engaged Strategic Growth International, Inc.
("SGI"), headquartered in New York to serve as its financial public
relations advisor. SGI will assist Activeworlds in broadening its
financial market presence and establishing new relationships within
the investment community and financial media.
Activeworlds.com, Inc. is a leading provider of three-dimensional
(3D) virtual environment platforms for the Internet. The Company
offers a complete variety of proprietary client, server and
development applications, offering a totally turn-key approach to
creating rich and compelling online 3D worlds. A number of major
multinational corporations, universities and government agencies are
currently using the Company's proprietary 3D platforms. Activeworlds
has also developed a suite of software, clients, servers, and
authoring tools that are designed to allow people to communicate, play
games, and conduct business in an infinite number of shared
environments on the Internet, in real time. In addition, the Company
recently launched @mart, one of the first totally interactive 3D
Internet shopping malls. Activeworlds has also been featured on a
number of television and news broadcasts and has created the 3D
interactive environments for several major motion pictures.
SGI was founded in 1989 by Richard Cooper and Stanley Altschuler,two long-time and highly respected Wall Street veterans, who assembleda highly experienced team of investment/financial professionals andduring the last ten years achieved an unparalleled level of success.
J.P. McCormick, Chairman of Activeworlds, commented "We are
extremely excited to be working with Strategic Growth International as
our financial public relations advisors. SGI has an established
international reputation for excellence in providing exposure to
emerging companies such as ours within the global financial markets.
Under their guidance we will aggressively pursue analyst coverage,
retail and institutional sponsorship, and proactively communicate with
the financial community. We are fully committed to increasing
shareholder value and recognize the importance of investor relations
and the significant contributions that SGI will make in helping us to
achieve this objective."
This statement may contain certain forward-looking statements,
which may involve known and unknown risks, uncertainties, and other
factors not under the Company's control which may cause actual
results, performance and achievements of the Company to be materially different from the results, performance, or expectations of the
Company. These factors include, but are not limited to those detailed
in the Company's periodic filings with the Securities and Exchange
Commission. |
