To: lakers17 who wrote (39786 ) 3/28/2000 7:02:00 PM From: StocksDATsoar Respond to of 150070
LinuxWizardry Systems, Inc. Announces a $5,000,000 FinancingFor the Production of the LinuxWizardry Low Cost Router VANCOUVER, British Columbia, March 28 /PRNewsire/ -- LinuxWizardry Systems, Inc. (OTC Bulletin Board: LNXWF) wishes to announce that a private placement for $5,000,000 is being completed for the development and production of the Linux based low-cost router. The Company plans to release the beta version of the Linux Apprentice router in April of 2000 and release a commercial version of the Apprentice router by August of 2000. The LinuxWizardry router will allow small to medium businesses to take control of their network for the first time because of the user-friendly features that will not require an expensive network specialist to configure. The router business is presently dominated by Cisco Systems (CSCO). John Robertson, President of LinuxWizardry Systems, Inc., states "Linux now powers 31% of all web servers, also IBM, Sun Microsystems, Inc., Dell Computers and Intel are embracing Linux; creating products to support the operating system and investing in Linux-based businesses." About LinuxWizardry Systems, Inc. LinuxWizardry Systems, Inc. (www.lnxwf.com) is a fully reporting company on the OTC Bulletin Board (OTC Bulletin Board: LNXWF) with Administration headquarters in British Columbia, Canada. LinuxWizardry Systems, Inc. has diversified into the Linux-based technology sector by acquiring 100% ownership in LinuxWizardry, Inc. About LinuxWizardry, Inc. LinuxWizardry, Inc. (www.linuxwizardry.com) is a wholly owned subsidiary of LinuxWizardry Systems, Inc. with operations in Florida, which develops and manufactures Linux-based enterprise software and hardware for end-to-end networking solutions for small and medium size businesses. The Linux operating business is currently dominated by VA Linux, Red Hat and IBM. The router market is currently dominated by Cisco Systems (CSCO). SOURCE LinuxWizardry Systems, Inc. CO: LinuxWizardry Systems, Inc. ST: British Columbia, Florida IN: CPR SU: FNC