per this PR, MAWI has applied to be listed on the NASDAQ;
Monday December 6, 10:02 am Eastern Time
Company Press Release
Scott Chase of Identicator Technology a Division of Identix Corporation Joins the Board of M&A West, Inc.
SAN BRUNO, Calif.--(BUSINESS WIRE)--Dec. 6, 1999--M&A West, Inc. (OTC BB: MAWI), a company that develops, invests in and operates Internet and technology-related companies, announced today that Scott Chase, Director of New Business Development at Identix Corporation (AMEX: IDX - news) has joined the board of directors effective immediately.
Mr. Chase was part of the key management charted to develop the business positioning of his previous company, Identicator Technology, which concluded with the fifty million dollar purchase by Identix in 1998. Mr. Chase is a graduate of San Jose State University and resides in Redwood City with his wife and child.
``Scott represents a very important addition to our team,' commented Scott Kelly, President and CEO of M&A West, Inc. ``Not only do we get an experienced marketer we get someone who's biometrics authentication technology provides a much needed security feature for the internet that we hope to take advantage of. This also represented the last requirement for our Nasdaq application which we made last week.'
Identix Incorporated, www.Identix.com, is a leader in designing, developing, manufacturing and marketing products for the capture and/or comparison of fingerprints for security, anti-fraud, law enforcement, physical access and other applications. Through Identicator Technology, Inc., Identix's wholly-owned subsidiary and IT Security division, Identix designs and develops proprietary, cost-effective security products and solutions for personal identification and verification. Identicator Technology provides a wide range of applications to markets that include corporate enterprise security, Intranet, extranet and Internet access and security, E-commerce, government and law enforcement agencies.
Identix's partners include Motorola (NYSE:MOT - news), Compaq (NYSE:CPQ - news), Key Tronic (Nasdaq:KTCC news), SCM Micro (Nasdaq:SCMM - news), Cherry GmbH and Unisys (NYSE:UIS - news).
M&A West, Inc. has four primary business objectives. The first is to become a meaningful player in the acquisition and development of Internet and technology companies. The second is to provide seed capital to newly emerging Internet companies. The third is to provide a full line of business services to emerging micro-cap and small cap companies to increase awareness of their business. The fourth is to create and grow offshoot Internet-related companies under the M&A West, Inc. umbrella.
M&A West, Inc.'s current investments include:
Online venture capital portal VentureList.com (www.venturelist.com), E-commerce and Web development company Digital Bridge, Inc. (www.digitalbridge.com), online gaming portal Virtual Wagering.com, Inc. (www.virtualwagering.com) online jewelry retailer, CrazyJewelry.com (www.crazyjewelry.com) and online grocery provider VirtualGroceries.com, Inc. (www.virtualgroceries.com).
For more information on M&A West, Inc. please visit www.mawest.com.
Statements regarding financial matters in this press release other than historical facts are ``forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
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Contact:
M&A West, Inc.
John Duran 650/588-2678
John@mawest.com |
