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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: If only I'd held who wrote (61031)1/12/2000 9:02:00 AM
From: hoffy  Read Replies (1) | Respond to of 108040
 
DATC. great undiscovered B2B play. They already have a deal with IBM. Here's todays news.

Datatec Signs Broadview as Strategic Advisor
Agreement Provides Investment for Core Deployment Services and Business-to-Business E-Commerce Offerings
FAIRFIELD, N.J., Jan. 12 /PRNewswire/ -- Datatec Systems, Inc. (Nasdaq: DATC - news) today announced it has engaged with Broadview International LLC to serve as its financial advisor and represent Datatec and its subsidiary, eDeploy.com, on evaluating future strategies and market positioning. The agreement also includes provisions for an equity raise, to address Datatec's working capital needs and to support the growth of its eDeploy service offerings. Broadview is a leading global M&A investment bank focused on the IT, communications and media industries worldwide.

''Datatec's unique deployment-centric business focus and Internet-based B2B tools and processes are rapidly becoming a recognized standard for complex technology implementations,'' said Edward Males, a Principal with Broadview in Ft. Lee, New Jersey. ''We are very excited about working closely with Datatec's management team to assist them in realizing their vision and the company's enormous potential in global technology markets.''