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Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU) -- Ignore unavailable to you. Want to Upgrade?


To: Jon Tara who wrote (8676)6/11/1998 11:21:00 AM
From: PartyTime  Read Replies (2) | Respond to of 18444
 
(Note to people who can read. If necessary, please copy this over and over and send it to Jon Tara. I think it would be helpful if where it says "planned merger," you could put it in boldface, underline it, capitalize, stick it in his A**, whatever it takes in order to make him understand that there is a "planned merger" in the works. Thanks)

NOW, JON, THIS IS THE THIRD TIME I'VE SHOWN YOU WHERE IT SAYS "PLANNED MERGER..."

READ BELOW AND DULY NOTE THAT BOTH MARY AND HEATHER ARE THE CONTACTS FOR THIS NEWS RELEASE. PLEASE STOP DETRACTING FROM THE ZULU DEBATE BY OFFERING NOTHING BUT DISTRACTIONS. ONE LAST TIME. IT IS A "PLANNED MERGER." THANK YOU.

NetVest Group Announces Sale of Stake in Enhanced Services and Zulu

PR Newswire - May 28, 1998 11:43

ESVS ZULU %CPR %MLM %FIN V%PRN P%PRN
------------------------------------------------------------------------

HONG KONG, May 28 /PRNewswire/ -- NetVest Capital Partners L.P. today announced that it has reached an agreement in principle with a group led by China International Equities, Ltd. to divest its partnership interests in Enhanced Services Co., Inc. (Nasdaq: ESVS) as well as its stake in Zulu-Tek, Inc. (OTC Bulletin Board: ZULU).

"NetVest provided the venture capital support to enable Zulu to acquire EchoMEDIA and Softbank Interactive Marketing, Inc., an industry pioneer in on-line advertising," said Roger Mincheff, president of Enhanced Services. "NetVest also provided the vision to refocus these companies into Zulu. When the planned business combination with Enhanced is complete, the full benefits of NetVest's efforts to lay the foundation to become a major Internet competitor will be realized."

The combined forces of Zulu and Enhanced Services will provide a range of innovative online services, including e-commerce, Internet advertising and technological services. Zulu-Tek has become one of the few firms in the industry to offer clients in-house services that encompass both marketing acumen and technological capabilities.

The planned merger is subject to regulatory and shareholder approvals, as well as compliance with NASDAQ rules.

SOURCE NetVest

/CONTACT: Mary T. Conway, mconway@mcdermott-oneill.com, or Heather
Midgley, hmidgley@mcdermott-oneill.com, of McDermott/O'Neill & Associates,
888-275-1081/