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Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC -- Ignore unavailable to you. Want to Upgrade?


To: Jerome J. Lazar who wrote (31)1/11/1999 6:59:00 PM
From: ztect  Respond to of 1150
 
Agreed...it IS about time!



To: Jerome J. Lazar who wrote (31)1/11/1999 7:10:00 PM
From: ztect  Read Replies (1) | Respond to of 1150
 
The News...

biz.yahoo.com



Monday January 11, 4:22 pm Eastern Time
Company Press Release
SOURCE: ICC Technologies, Inc.
ICC Technologies, Inc., Soon to be Rare Medium Group, Inc. (Nasdaq: RRRR), to Hold Special Meeting of Stockholders
NEW YORK, Jan. 11 /PRNewswire/ -- ICC Technologies, Inc. (Nasdaq: RRRR - news), the parent company of Rare Medium, Inc. raremedium.com, an Internet business solutions provider, announced today that it expects to hold a Special Meeting of Stockholders on or about February 26, 1999 for the purpose of amending its Certificate of Incorporation to formally change its name to Rare Medium Group, Inc. from ICC Technologies, Inc., and to take certain other actions.

The Board has fixed January 29, 1999, as the record date to determine the Stockholders entitled to vote at the Special Meeting.

The date of the Special Meeting is subject to change based on the Securities and Exchange Commission's review of the Company's proxy materials. Stockholders will be receiving proxy materials in the mail.

Dealing primarily with Global 2000 clients, Rare Medium, Inc. is an Internet business services firm, helping clients develop Internet strategies, improve business processes and develop interactive content using Internet-based technologies. To accomplish this, Rare Medium provides clients with Internet business strategy consulting, marketing, creative design and development, needs analysis, architecture planning, Internet, Intranet and Extranet solutions, hosting and maintenance.

Except for historical matters contained herein, the matters discussed in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these forward-looking statements reflect numerous assumptions and involve risks and uncertainties that may affect ICC Technologies, Inc. d/b/a Rare Medium Corp. (Nasdaq: RRRR - news), and its subsidiaries' business and prospects and cause actual results to differ materially from these forward-looking statements. Among the factors that could cause actual results to differ are Rare Medium's limited operating history; competition; low barriers to entry; reliance on strategic relationships; rapid technological changes; inability to complete transactions on favorable terms and those risks discussed in the Company's filings with the SEC.

SOURCE: ICC Technologies, Inc.