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Microcap & Penny Stocks : AppNet Systems, Inc. (APNT) -- Ignore unavailable to you. Want to Upgrade?

To: NotNeiderhoffer who wrote (134)	9/10/1999 12:47:00 PM
From: SCOOBEY-DO	Read Replies (1) \| Respond to of 232

APNT issued a SEC form DEF 14A: Definitive Information Statement today. The following is from the statement: APPNET SYSTEMS, INC. 6707 Democracy Boulevard, Suite 1000 Bethesda, Maryland 20817 (301) 493-8900 INFORMATION STATEMENT This Information Statement is provided by the Board of Directors of AppNet Systems, Inc., a Delaware corporation (the "Company"), in connection with stockholder approval of: 1. An amendment to the Company's Restated Certificate of Incorporation (the "Amendment") pursuant to which the Company's Board of Directors has authorized the changing of the Company's corporate name from AppNet Systems, Inc., to AppNet, Inc.; and 2. The adoption of the Company's 1999 Employee Stock Purchase Plan (the "Plan"). Stockholder approval of these matters has been obtained by receipt of written consent resolutions of the holders of a majority of the Company's issued and outstanding Common Stock. The Amendment and the Plan are attached hereto as Annex A and Annex B, respectively. The foregoing actions have been effected pursuant to Section 228 of the Delaware General Corporation Law, and Article II, Section 13 of the Company's By-laws, by written consent resolutions (the "Consent Resolutions") of shareholders of the Company executed by holders of an aggregate of approximately fifty-three and seven-tenths percent (53.7%) of the Company's issued and outstanding Common Stock. In accordance with regulations of the Securities and Exchange Commission (the "Commission"), the Consent Resolutions and the change of the Company's name and adoption of the Plan will be effective 20 days following the mailing of this Information Statement. The Company anticipates that the Amendment to the Company's Certificate of Incorporation will be filed with the Secretary of State of Delaware as soon as practicable after such 20-day period. The Board of Directors does not intend to solicit any proxies or consents in connection with the foregoing actions. WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND US A PROXY. The Company's principal executive offices are located at the address indicated above. This Information Statement will be mailed on or about September 10, 1999 to the Company's stockholders of record as of the close of business on September 6, 1999 (the "Record Date").