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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Gator who wrote (41446)7/23/1999 5:03:00 AM
From: afrayem onigwecher  Read Replies (2) | Respond to of 122087
 
<...remember the split will be @ $50.00!!! >

Electric City Announces a Notice to Shareholders


ELK GROVE VILLAGE, Ill.--(BUSINESS WIRE)--July 9, 1999--Electric City Corp. (OTC Bulletin Board: ECCC) announces today that the Board of Directors, on July 8, 1999, approved a two (2) share for one (1) share forward split which will be effected of the 30th day of July 1999 for all shareholders of record at the close of business on July 29, 1999. As of July 30th, each shareholder will be deemed to own two shares of common stock for each share issued and additional certificates to the shareholders which certificates will be mailed within 10 days after the record dates to the record shareholders.

Except for the historical information contained herein, this press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbors created thereby. The Company's future actual results could differ materially from the forward-looking statements discussed herein.

CONTACT:

Electric City Corp.

Stephanie Cox, 847/437-1666

E-mail: Sales@electriccityeccc.com

or

Investor Relations

Jennifer Gardiner, 800/797-5683 or 416/203-0016

E-mail: Jennifer@thestockpage.com

KEYWORD: ILLINOIS ARIZONA COLORADO NEBRASKA CALIFORNIA

BW1129 JUL 09,1999

8:08 PACIFIC

11:08 EASTERN