Tuesday May 4, 11:25 am Eastern Time
Company Press Release
Planet City Expands Operations
SEDONA, Ariz.--(BUSINESS WIRE)--May 4, 1999--Planet City (Software) (OTC BB: PINC - news) is pleased to announce that it has acquired all of the physical assets of Knowledge 2000, a software development company specializing in web-based educational software products, based in Sedona, Arizona. The acquired assets include computers, office equipment, a telephone system, and a comprehensive internal network and associated servers.
In addition to the physical assets acquired, Planet City has retained the services of Knowledge 2000's Development and Administration Staff. Terry Dennis, President & CEO of Planet City, said, ''This acquisition will greatly enhance our ability to move forward with our long term plans. I'm very pleased with the exceptional talent of the programming staff. Their pioneering experiences in the area of leading edge technologies, such as JAVA & XML, give us tremendous flexibility for future Internet based projects.''
Planet City has moved its Corporate Headquarters into the new facility.
Contact:
Planet City
Greg Kraft, 800/219-8785
biz.yahoo.com |
