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Microcap & Penny Stocks : OneSource Technologies-OSTK -- Ignore unavailable to you. Want to Upgrade?


To: Moahiat who wrote (1)12/9/1999 12:58:00 PM
From: Moahiat  Respond to of 10
 
News:
12/09 08:23
OneSource Acquires NETExpress Inc.
Company Gains Network Expertise OneSource Acquires NETExpress Inc.; Company Gains Network Expertise and Foundation for Future Growth

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Dec. 9, 1999--OneSource Technologies Inc., (Electronic Quotation System (OSTK) Thursday announced the completion of its acquisition of NETExpress Inc., ("NETExpress"), a Phoenix-based network integration company, in an all-stock transaction which represents the initial acquisition roll-up portion of OneSource's aggressive business growth strategy. NETExpress, although a small company, brings significant technical competence and industry-certified Novell (NASDAQ: NOVL) and Microsoft (NASDAQ: MSFT) network engineers to OneSource's Arizona and southern Nevada territory. NETExpress realized $200,000 in 1998 revenues and $20,000 in 1998 income.

NETExpress will operate as a wholly-owned subsidiary and will be an ideal foundation for the future acquisition of other network integration companies as OneSource continues to expand this area of its business. Expansion into the network integration market is a key company strategy to not only build new sources of revenue, but also to create additional sales opportunities for the company's core business of office equipment service and maintenance.

Further, as work processes become more and more digitized, standard office equipment is being integrated into corporate local area networks (LANs) and wide area networks (WANs). The integration of certified network professionals through the NETExpress acquisition will aid in OneSource's ability to satisfy the maintenance requirements of organizations with networked office equipment.

OneSource is a leader in the general office and industry specific equipment maintenance and service industry and the inventor of the unique OneSource Flat-Rate Blanket Maintenance System(TM). This innovative service program provides customers with a single source for all general office, computer and peripheral and industry specific equipment maintenance.

This customer customized service approach delivers substantially higher equipment service quality and does so at costs significantly lower than traditionally required.

Information herein was derived from sources seeming to be reliable. No assurance can be made that the information is accurate, or that projected results will be achieved. Statements in this release are made pursuant to the "Safe Harbor" provisions of the Private Securities Litigation Act of 1995. Investors are cautioned that like forward looking statements, certain risks and uncertainties are involved, including without limitation, continued acceptance of the company's services, increased levels of competition for the company and dependence on the performance of the management of the company.

SOURCE: OneSource Technologies Inc.

For More Information Contact:

Don Gause

OneSource Technologies Inc.

7419 East Helm Drive

Scottsdale, AZ 85260

480/889-1177 Fax: 480/889-1166

mailto:Invest1sourcetech.com

OneSource Technologies and Flat-Rate Blanket Maintenance System are trademarks of OneSource Technologies Inc. Some of the product names mentioned herein are for identification purposes and may be trademarks or registered trademarks of their respective companies.

SOURCE: OneSource Technologies Inc.

--30--lma/ix* twt/ix

CONTACT: OneSource Technologies Inc., Scottsdale

Don Gause, 480/889-1177

Fax: 480/889-1166



To: Moahiat who wrote (1)12/15/1999 7:01:00 PM
From: Moahiat  Read Replies (1) | Respond to of 10
 
More News,

Currently this board is pretty lonely, but once this company is discovered we will have a place to talk.

12/15 06:48 OneSource to Provide Equipment Maintenance for Top Bank; System
OSTK.OB>
OneSource to Provide Equipment Maintenance for Top Bank; System Testing in Colorado Locations with Possible National Rollout
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Dec. 15, 1999--OneSource Technologies Inc., (National Quotation System:OSTK) Wednesday announced it has executed an agreement with one of the nation's top 15 banks to provide on-site equipment maintenance of select banking equipment at all its Colorado locations with the possibility of national rollout in all 1,700 locations nationwide.

This initial agreement is serving as a proof of concept evaluation of OneSource's Flat-Rate Blanket Maintenance System(TM) in the bank's operations. Once the concept is proven the client and OneSource will roll it out nationally. This important agreement is a strong indicator of the bank's confidence in OneSource and its recognition of OneSource as an innovator and leader in the equipment maintenance industry.

The bank's selection of OneSource stemmed largely from OneSource positively responding to the bank's request for "innovative, cost reducing solutions for managing costs related to banking equipment," according to company spokespersons.

OneSource is a leader in the general office and industry specific equipment maintenance and service industry and the inventor of the unique OneSource Flat-Rate Blanket Maintenance System(TM). This innovative service program provides customers with a Single Source for all general office, computer and peripheral and industry specific equipment maintenance.

This Customer Customized service approach delivers substantially higher equipment service quality and does so at costs significantly lower than traditionally required. This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbors created by those sections.

These forward-looking statements include statements related to potential mergers and the effect of those mergers on the prospects of the company. Actual results may differ materially due to a number of risks, including the uncertainty of completion of the contemplated transactions. This press release provides general information and should not be construed as an offer to sell securities.

The material contained herein has been obtained from sources believed to be reliable, but is not complete and its accuracy cannot be guaranteed. This report is for informational purposes only and should not be construed as advice or meet the investment needs of any particular investor or designed to be the basis of any investment decisions.

For More Information Contact: Don Gause

OneSource Technologies Inc.

7419 East Helm Drive

Scottsdale, AZ 85260

480/889-1177 Fax: 480/889-1166