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Technology Stocks : TouchStone S/W (TSSW) -- Ignore unavailable to you. Want to Upgrade?


To: Bayclipper who wrote (3126)3/8/2000 12:23:00 PM
From: David Alan Cook  Read Replies (2) | Respond to of 3627
 
TSSW Now Touchstone Capital Group. See News at site.

touchstonesoftware.com

TouchStone Software Corporation announces investment strategy in business to business e-commerce companies TouchStone Capital Group, Inc. , a Delaware corporation, is in the business of creating and managing a diverse network of Internet-based companies. TouchStone is at the leading edge of the new Internet economy, continually capitalizing on the many opportunities this extraordinary new medium presents.

Through minority interests, TouchStone?s portfolio is comprised of well managed, late stage technology companies with market presence in e-commerce, content and community and enabling technologies. TouchStone?s expertise in identifying opportunities, and its targeted strategic focus on unique and successful business models, creates both short term growth potential for investors and long term value for shareholders.

TouchStone seeks critical mass, that is, being in a position to mobilize assets to improve and expand its organizational structure. TouchStone is continuously growing through ongoing strategic investment in opportunities that further support and enhance the operating model; encouraging core growth of operating companies and investments; connecting companies to each other to share technologies, management insights and cross marketing.

As new companies are brought into the fold, the dynamics of the organization change. Becoming part of the TouchStone network not only improves the potential for success of the company that is joining: it improves the potential for every TouchStone company and in turn for TouchStone as a whole.

** Will TSSW launch an IPO - Need to have about $25 million in net working capital. Good way to build capital for an IPO launch. Waiting on the company to release its investment positions.

DC