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Microcap & Penny Stocks : MSU CORP-----MUCP -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (5981)2/21/2001 9:36:56 PM
From: GO-MUCP  Read Replies (1) | Respond to of 6180
 
A positive release ?????

Hopefully this one will help offset the DJ newswire story of earlier today...... another piece of the puzzle in place!!!


Wednesday February 21, 5:44 pm Eastern Time
Press Release
SOURCE: MSU Corporation
MSU Names New VP, Chief Technology Officer: Mr. Pritesh M. Patel
DALLAS, Texas, Feb. 21 /PRNewswire/ - MSU Corporation (OTC Bulletin Board: MUCP.OB news), the developer and distributor of Web2U Internet access devices, today announced that Mr. Pritesh Patel has been named the Company's new VP and Chief Technology Officer.

Previously, Mr. Patel was Engineering Manager for Digital Transmission Systems (DTS) in Norcross, Ga. At DTS Mr. Patel managed the Advanced Technology Group, which developed unique products for the wireless market. Prior to DTS, Mr. Patel spent five years with Ratio Designlab as General Manager, Platform Products. He designed and developed the Simpliance Linket Internet appliance device for Ratio. Mr. Patel has also held positions at American Megatrends, Tejas Controls, and Micro Logic. Mr. Patel holds a degree in Electronics Engineering Technology and a Bachelor of Applied Science degree in Manufacturing from ITT Indianapolis.

``The naming of Mr. Patel as VP and Chief Technology Officer of MSU Corporation is a key element of the Company's evolving strategy.'', said D. Bruce Walter, President and CEO of MSU Corporation. Mr. Walter continued, ``His experience of more than fourteen years in the product design, manufacture and sales of technology hardware and software solutions is pivotal to the execution of the Company's business plan and future success.''

About MSU Corporation:

MSU Corporation designs, sells and manufactures low-cost Internet Access Devices currently sold under the Web2U brand name for less than $200. The Company's Web2U Internet Access Devices feature web browsing and e-mail capabilities which, together with their wireless keyboard, provide access to the worldwide web for anyone with a TV and access to a telephone line. MSU Internet Access Devices are manufactured by Flextronics. MSU operates a wholly owned subsidiary, Web2U Limited, in Milton Keynes, U.K.

Certain information included herein and on other Company statements, reports and SEC filings is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning anticipated operating results, financial resources, marketing, growth and expansion. Such forward-looking information involve important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein and in other Company statements, reports and SEC filings.

SOURCE: MSU Corporation