Huge EBASE news:February 24, 2000 15:17
SEC Deems ebaseOne Registration Statement Effective; Company Announces Application to Be Listed on the Nasdaq
HOUSTON, Feb. 24 /PRNewswire/ -- ebaseOne Corporation (OTC Bulletin Board: EBAS), an emerging leader in the Application Service Provider (ASP) market for small and medium sized enterprises has announced that its registration statement, originally filed on November 22, 1999, was deemed effective by the SEC today. Accordingly, as of February 24, 2000, ebaseOne is a fully reporting company that will continue to trade on the OTC Bulletin Board under the symbol EBAS and will begin to regularly issue Form 10-Q quarterly reports, Form 10K annual reports, and Form 8-K corporate development reports. Additionally the Company has also announced that it has applied to list its common shares on the Nasdaq Stock Market.
"We are ecstatic with today's announcement that the SEC has deemed our S-1 to be effective enabling us to move forward with our Nasdaq listing," says Charles Skamser, president and CEO of ebaseOne Corporation. "These are major milestones in our corporate development. I would like to thank the employees of ebaseOne for their accomplishments over the past several months, particularly for maintaining their focus on executing our business plan. In addition, I would like to congratulate our outside accountants, our audit firm and our SEC attorneys for their efforts in making our filing deadline. In addition, I would like to thank our stockholders for their continued support throughout this process," adds Skamser. "Ultimately, as I have indicated before, our desire to become a fully reporting company and gain a Nasdaq listing are incremental steps in establishing ebaseOne as the leading ASP in the small medium-sized enterprise market."
About ebaseOne Corporation
ebaseOne Corporation is an emerging player in the application service provider (ASP) marketplace for small and medium sized enterprises. Utilizing technology from Cisco Systems, Sun Microsystems, Marimba, Portal Software and Hewlett Packard, the Company offers an integrated and comprehensive solution of leading packaged software solutions, hosted in a "Fortune 100" class data center with 24 hour application monitoring, network monitoring and management, and customer service for a flat monthly fee. ebaseOne's mission is to provide a total business solution that enables small and mid-size enterprises to focus on their core business and not on information technology issues. ebaseOne is an executive member of the ASP industry consortium, a member of the Cisco Hosted Application Initiative (CHAI), an executive member of the Sun ServiceProvider.Com program, a member of the HP OpenView Outsourcing program, and a certified Microsoft Solutions Provider. Led by a senior management team with years of experience in the technology and technology management industry, ebaseOne is headquartered in Houston, Texas and can be reached at 713-975-8700 or via its Web site at ebaseone.com.
Certain statements in this press release, including statements concerning ebaseOne Corporation's plans, intentions and expectations, are "forward- looking statements" within the meaning of the Securities Act of 1933, as amended. Forward-looking statements are based on the opinions and estimates of management at the time the statements are made and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. The words "believe," "expect," "intend," "anticipate," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. These statements are not guaranties of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Factors that could affect ebaseOne's actual results include, but are not limited to, the "Risk Factors" described in our Securities and Exchange Commission filings dated February 24, 2000. Readers are cautioned not to place undue reliance upon these forward-looking statements that speak only as to the date of this release. ebaseOne undertakes no obligation to update publicly any forward- looking statements to reflect new information, events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.
ebaseOne Contact:
Amanda Hansen
Tel: 1-800-211-9360
Fax: 713-781-5535
Email: ahansen@ebaseone.com
SOURCE ebaseOne Corporation
/CONTACT: Amanda Hansen of ebaseOne Corporation, 800-211-9360, or fax,
713-781-5535, or email, ahansen@ebaseone.com/
/Web site: ebaseone.com |
