To: dexx who wrote (828 ) 6/30/1999 5:06:00 PM From: Parapet Respond to of 1143
News, An honorable mention... June 30, 1999 12:56 PM MIAMI--(BUSINESS WIRE)--June 30, 1999--Bridgeport Communications Inc. BPOT and WealthHound.com Inc. announced Wednesday that due diligence was completed by both companies and has set a new date for the acquisition of 100% of WealthHound.com Inc. In the June 17, 1999 announcement of the signing of a definitive acquisition agreement, Bridgeport Communications Inc. BPOT also announced that it intended to shorten the time required for the announced closing on June 30, 1999. Completion of due diligence and routine administrative procedure has resulted in a delay of the original closing date. The new closing date, agreed to by both companies, will be July 9, 1999. On May 24, 1999, Bridgeport Communications Inc. BPOT announced that it had entered into a Letter of Intent to acquire 100% of the issued and outstanding shares of the company. WealthHound.com is a personal finance and wealth-building portal. The current beta version of the site uses proprietary search technology to give users access to information on companies, financial products, services and market data. WealthHound's research center provides consolidated access to many 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.'s CMGI "Raging Bull." What will distinguish WealthHound.com from Yahoo (Finance) YHOO , Microsoft Investor MSFT and GoProfit.com DDEQ will be a unique partnership program, already underway, featuring ventures in online trading, banking, home mortgages and life insurance. These are similar to services offered by E-Trade Group Inc. EGRP , Telebank Financial TBFC , and Netbank NTBK . WealthHound.com Inc.'s 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.