Business Wire BRIDGEPORT COMMUNICATIONS INC. SHAREHOLDERS APPROVE NAME CHANGE TO WEALTHHOUND.COM INC. BUSINESS EDITORS
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MIAMI--(BUSINESS WIRE)--May 28, 1999--Bridgeport Communications
Inc. (OTC BB:BPOT) announced that by vote of a majority of the
company's shareholders and approval of the company's directors, the
company's name will be changed to WealthHound.com Inc.
This name change will become effective five business days after
the completion of its acquisition of WealthHound.com Inc.
On May 24, 1999, Bridgeport Communications Inc. (OTC BB:BPOT)
announced that it has entered into a Letter of Intent to acquire 100%
of the issued and outstanding shares of WealthHound.com Inc.
(Wealthhound).
Wealthhound aims to be the ultimate Web-site to "personal finance
and prosperity." The current web-site allows users to access
proprietary search technology and locate information on companies,
financial products, services, and market data. Their research center
provides consolidated access to some of the best information resources
online. Future products will include stock quotes, charts, news,
discussion on stocks, funds, and indices similar to Silicon Investor
and CMGI Inc. (Nasdaq:CMGI.O) "Raging Bull."
However what will differ Wealthhound from Yahoo (finance)
(Nasdaq:YHOO.O), Microsoft Investor (Nasdaq:MSFT.O) and The Street.com
Inc. (Nasdaq:TSCM.O) is working partnerships that will allow ventures in
Online Trading, banking, home mortgages, and life insurance. These are
services which are offered and similar to these provided by E-Trade
Group Inc. (Nasdaq:EGRP.O), Telebank Financial (Nasdaq:TBFC.O), and
Netbank (Nasdaq:NTBK.O).
The web-site is located at wealthhound.com.
This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. Although the company believes
that the expectations reflected in the forward-looking statements and
assumptions upon which forward-looking statements are based are
reasonable, it can give no assurance that such expectations and
assumptions will prove to have been correct.
--30--cp/mi*
CONTACT: Consultant to Bridgeport Communications Inc., Miami
Michael D. Farkas, 305/539-0900
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