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Microcap & Penny Stocks : VECT - Vector Energy, Growth and Asset Play, Amex Approved -- Ignore unavailable to you. Want to Upgrade?

To: Uptickin who wrote (12)	10/13/1999 8:29:00 PM
From: Uptickin	Respond to of 14

NEWS! ISP Bought in Los Angeles Wednesday October 13, 9:39 am Eastern Time Company Press Release Vector Energy Corporation to Acquire ISP From Staruni Corporation HOUSTON--(BUSINESS WIRE)--Oct.13, 1999--Vector Energy Corporation (OTC BB:VECT) and Staruni Corporation (OTC BB: SRUN) announced that they had entered into a purchase and sale agreement for Vector to buy its Internet service provider (ISP) ``Cyberhotline' from Staruni for $1.2 million in Vector common stock. The Vector common stock will be issued in a private transaction and will not be registered under the Securities and Exchange Act of 1933. Vector also agreed to employ Bruce Stuart, President of Staruni for two years to manage the Cyberhotline ISP business in exchange for 220,000 shares of Vector common stock issued pursuant to Vector's existing Form S-8. It is anticipated that this transaction will close on or before October 21, 1999. Cyberhotline is a low cost ISP providing service to 3,000 subscribers in the Southern California Area. Vector looks forward to servicing Cyberhotline's existing customers while developing its EZSERV technology and deploying it in the Southern California market. EZSERV will allow consumers to contact multiple service providers simultaneously. For more information about EZSERV, including how to become a service provider, visit www.ezserv.net or www.vectorenergy.com. Vector Energy Corporation is a Houston based company primarily engaged in the acquisition, development, and production of natural gas and crude oil and the development and implementation of the EZSERV technology. This report includes ``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. Although the Company believes that the expectations reflected in the forward-looking statements contained herein are reasonable, no assurances can be given that such expectations will prove to have been correct. For more information contact investor relations: Vector Energy Corporation at 713-850-9993. -------------------------------------------------------------------------------- Contact: Vector Energy Corporation Sam Skipper, 713/850-9993 Happy investing, Uptickin