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Technology Stocks : VIRT (Virtual Reality Inc.) - An OTC company.. Anyone??? -- Ignore unavailable to you. Want to Upgrade?

To: Joe Lyddon who wrote (169)	3/6/2001 1:06:43 PM
From: Hal	Respond to of 172

This is old news. This has only been a shell for some time. It was R/S and acquired by Sterling Payroll, thus the symbol change. Virtual Reality, Inc. Completes Merger Transaction NEW YORK, Jan 23, 2001 /PRNewswire via COMTEX/ -- Virtual Reality, Inc. (OTC Bulletin Board: VIRR) is pleased to announce the completion of a merger transaction with an affiliated entity of Sterling Payroll Financial L.L.C. ("Sterling"). Virtual Reality, Inc. (the "Company") plans to change its name to Sterling Business Solutions. The Company will act as a full service P.E.O. (Professional Employment Organization) that provides an effective method of managing functions for its client companies. The Company will specialize in Payroll Administration, Human Resources Benefits, Financing, Funds Administration, Credit Card Processing and Equipment Leasing. Martin F. Cardone has resigned as Chief Executive Officer and Director of the Company. He will remain with the Company in a consulting capacity. Mr. Costas Kellas will assume the role of Chief Executive Officer and President of the Company. Mr. Damiano Coraci will be the Chief Operating Officer. These two gentlemen and Mr. Peter Papanicolaou will serve as members of the Board of Directors. In connection with the merger, the shareholders of the affiliated entity of Sterling received 92% of the outstanding shares of the Company on a fully diluted basis. SOURCE Virtual Reality, Inc. CONTACT: Investor Relations of Virtual Reality, Inc., 718-956-7350, ext. 243 (VIRR)