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Technology Stocks : Softbank Group Corp -- Ignore unavailable to you. Want to Upgrade?

To: Edwin S. Fujinaka who wrote (5253)	6/6/2000 5:28:00 AM
From: Edwin S. Fujinaka	Respond to of 6018

For the record, Softbank closed in the US at $193 yesterday and at $194 in Tokyo last night. Early trading in Frankfurt saw over $195 so it looks like we are all together here. There was this press release in the US yesterday on the I-Group HotBank: I-Group HotBank Announces Strategic Business Relationship With Deloitte & Touche Business/Technology Editors BOSTON--(BUSINESS WIRE)--June 5, 2000-- Deloitte & Touche Professionals Enhance I-Group HotBank "Mentor Capital" with On-site Tax, Financial Accounting and Business Consulting for Incubated Entrepreneurs I-Group HotBank NE, a premier Boston Internet incubator and a SOFTBANK Corporation affiliate, today named Deloitte & Touche LLP as a strategic services provider. As one of the nation's leading professional services firms, Deloitte & Touche extends the on-site knowledge resources available within the incubator by offering entrepreneurs world-class assurance and advisory, tax and management consulting services. In addition, Deloitte & Touche will play an active role in the I-Group HotBank outreach programs that extend the Incubator's entrepreneurial experience to the greater-Boston community and New England. "Participating in the I-group HotBank incubator demonstrates Deloitte & Touche's commitment to New England's e-Business entrepreneurs," said Gib Hammond, the Deloitte & Touche partner responsible for the I-Group HotBank relationship. "We're excited about the opportunity to provide our intellectual capital to the HotBank startups that will help mold the new digital economy." I-Group HotBank offers benefits that can help speed the process involved in starting a company so that fledgling companies can focus on their core business from the start in order to increase the likelihood of their success and profitability. I-Group HotBank provides access to a value-added set of services including `mentor capital' services--strategic counseling in all areas of business from veteran practitioners. Deloitte & Touche supplements the mentor capital strategic services with a critical addition of its leading professional services. "Our strategic relationship with Deloitte & Touche strengthens the powerful mentor capital services that we are delivering to our incubated companies," said Dr. Ashok Kalelkar, managing director of I-group HotBank NE. "Having worked hand-in-hand with thousands of entrepreneurs through the start-up process, Deloitte & Touche can add real value to our companies and can help reduce the time and frustration associated with tax planning, auditing and accounting, and a variety of other financial and organizational issues. This type of collaboration allows our entrepreneurs to focus their efforts upon the core business issues of product development and marketing." About Deloitte & Touche When it comes to e-Business, Deloitte & Touche offers end-to-end solutions to guide organizations to total-e-results. Nationally, we have worked with clients on more than 450 e-Business projects, most of which required integration of multiple services. In New England, we provide a combination of consulting, tax, accounting and assurance services to large array of companies that are either creating a new e-Business, adapting an established business for the new electronic economy or optimizing a first-generation Web-based business. A description of Deloitte & Touche's end-to-end e-Business services is available at www.totaleresults.com. Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through 30,000 people in more than 100 U.S. cities. Deloitte & Touche is part of Deloitte Touche Tohmatsu, one of the world's leading professional services firms, delivering world-class assurance and advisory, tax, and management consulting services. More than 90,000 people in over 130 countries serve nearly one-fifth of the world's largest companies as well as large national enterprises, public institutions, and successful fast-growing companies. Our internationally experienced professionals deliver seamless, consistent services wherever our clients operate. Deloitte & Touche refers to Deloitte & Touche LLP, Deloitte Consulting LLC, and related entities. About I-Group HotBank I-Group HotBank NE is the premier Northeast incubator for Internet entrepreneurs, focused on turning great ideas into fast-growing businesses. I-Group HotBank combines the expertise of Internet business leader SOFTBANK Corporation and the Intercontinental Group, one of Massachusetts' most successful entrepreneurial businesses. I-Group HotBank moves far beyond providing the basic administrative services, office space and working capital that incubators are known for. I-Group HotBank empowers early stage ideas and companies with `Mentor Capital' services--the expertise and resources for early stage companies to succeed in today's competitive marketplace. I-Group HotBank also leverages the powerful SOFTBANK network of 300 high-tech and Internet companies to offer mentoring and partnership, sales, investment and recruitment assistance. I-Group HotBank's Ames Mansion is a 25,000 square foot brownstone mansion with original woodwork and designs, equipped with the latest technology, support and amenities. I-Group HotBank is located on the World Wide Web at i-group.com