To: SSP who wrote (45662 ) 5/3/2000 4:40:00 PM From: PK Read Replies (1) | Respond to of 150070
VCSY NEWS!(BSNS WIRE) Vertical Computer Systems, Inc. Compliant With Over the Counter Vertical Computer Systems, Inc. Compliant With Over the Counter Bulletin Board Listing Requirements Business Editors LOS ANGELES--(BUSINESS WIRE)--May 3, 2000--Vertical Computer Systems, Inc. (OTCBB:VCSYE) announced today that it is now in compliance with all requirements for continued listing on the Over The Counter Bulletin Board. In association with the Company becoming compliant with SEC reporting requirements the Company's stock symbol will resume its original trading symbol of "VCSY". The current stock symbol is VCSYE. On May 2, 2000 the Company completed and filed its 8-K, reporting its merger with Scientific Fuel Technology, Inc. ("Scientific"), a 1934 Act fully reporting company. Pursuant to the merger and under the provisions of Rule 12g-3 of the Exchange Act, Vertical Computer Systems, Inc. assumed the reporting obligations of Scientific, by electing successor issuer status to Scientific, which causes Vertical Computer Systems, Inc. to become a fully reporting company. About Vertical Computer Systems: Vertical Computer Systems, Inc. is a multi lingual portal provider, and e-commerce solutions company, based in the United States. The Company provides a full range of Internet services that include building e-commerce solutions both nationally and internationally, distributing content via its multi lingual portal networks (http://www.TheChinaBridge.com andthebrazilbridge.com ); and EMail Services (http://www.ThePostMaster.net). Through its wholly-owned subsidiary, Externet World, Inc., the Company provides online shopping services (http://www.ShoppingInternet.com) and proprietary online gaming software (http://www.ccpSoftware.com). Vertical Computer Systems is committed to building e-commerce communities allowing the development of the Internet in the Americas, Europe, Asia and Pacific Rim. This material was prepared and disseminated by The Hawke Group, Inc. ("Hawke") for the Company discussed herein, based upon Company supplied information or other sources believed to be reliable. The information is not guaranteed by Hawke for accuracy or to be all inclusive. Forward-looking statements in this release are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties and actual results could differ from those discussed. This material is information only and is not an offer or solicitation to buy or sell the securities. Hawke, its affiliates, and/or its officers, directors and employees may from time to time have a position in these securities. Vertical Computer Systems, Inc. has retained The Hawke Group as a Financial Public Relations Consultant for 600,000 shares of restricted stock which was purchased by Hawke for $1500.00. --30--jd/mi* CONTACT: Broker Contact: The Hawke Group, Inc., Fort Lauderdale, Fla. Scott Phillips, 954/564-7114 Fax: 954/564-9848 Visit our website at www.hawkegroup.com or Investor Contact: Mandel Consulting Phone: 954/973-3493 Fax: 954/973-3558 KEYWORD: CALIFORNIA INDUSTRY KEYWORD: INTERNET E-COMMERCE Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story ***