FYI:
VIKING CAPITAL GROUP, INC.
Two Lincoln Centre
5420 LBJ Freeway, Suite 300
Dallas, TX 75240
Phone: (972) 386-9996 Facsimile: (972) 386-7864
E-mail : viking@vcgi.com Web : www.vcgi.com
Media Contact: Robert Cathey, Ackermann Public Relations (423) 584-0550 Investor Contact: Matthew W. Fossen, Viking Capital Group, Inc. (972)
386-9996
(instructions for e-mail delivery at end of news release)
VIKING SYSTEMS, INC. AND NETNOTE INTERNATIONAL, LTD. SIGN AGREEMENT FOR USE AND DISTRIBUTION OF FULL RANGE OF E-COMMERCE TECHNOLOGIES.
DALLAS, February 18, 1999 - Viking Systems, Inc., (VSI) a wholly owned subsidiary of Viking Capital Group, Inc. (VGCP-OTC), and Netnote International, Ltd. announce the signing of a Memorandum of Understanding (MOU). The MOU provides for three definitive agreements giving VSI reseller rights to Netnote International's state-of-the-art E-commerce hardware solutions and software products. The first in this new family of products is called webnote™, a stylish sub-notebook size device with touch screen, color display and keyboard. The complete unit weighs about 2 lbs. The webnote™ is also equipped with smart card technology to provide additional security which acts as a "web access key" providing a unique identifier perfect for transactions that need additional security like financial transactions. The final agreements open the door for VSI to offer a wide range of network access tools to Viking Systems Network (VSN) clients, enabling their customers more secure and cost effective access to their Internet-based accounts.
The agreements include:
· A VAR agreement covering the full range of network computing hardware products.
· A Software License Agreement covering the use, implementation and sale of the Netnote International embedded Operating System software and "Graphical User Interface".
· A Distribution Agreement covering the use and distribution of the Netnote International smart WebAccess card-key security technology for use within the VSN Insurance and Banking applications.
Mr. Garry Millar, President of Viking Systems, said, "The Netnote technology gives our clients' customers access to the latest in network computing devices and software. At VSI our main task is to manage the Viking Systems Network by hosting out-sourcing applications for the Insurance, Banking, Employee Benefits and Securities industries for the benefit of our own internal needs and our customers' needs. Part of our customer service strategy is to make available to our customers the latest tools and technology to make the most of our server based computing environments."
Mr. Brendan Farrell, CEO of Netnote International, Ltd., said, "We are a software company who has combined unique smart card technology to produce a range of dedicated Internet access products. The webnote™ products, incorporates an easy to use interface making connection to and transaction on the Internet simple. The product focuses on the power of network computing. Additional security and functionality is available through smart card technology allowing the user to launch and access task specific sites. It's the perfect tool to use as the 'front end' hardware interface to an e-commerce system. The webnote™ product range is designed for easy Internet access and specific Internet applications. We are very excited about Viking Systems Network using our technology, Viking is an excellent example in the new era of Application Service Provision."
Netnote International has developed a unique range of products,
specifically aimed at making access to the Internet and other forms of
electronic communication and commerce over the Internet as intuitive as
using the telephone. A preview of the products soon to be available to
VSN client customers can be seen at www.netnoteinc.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995.
Certain statements made by the Company which are not historical facts may be considered forward-looking statements, including, without limitations, statements as to trends, management's beliefs, expectations and opinions, which are based on a number of assumptions concerning future conditions that may ultimately prove to be inaccurate. Such forward-looking statements are subject to risks and uncertainties and may be affected by various factors which may cause actual results to differ materially from those in the forward-looking statements.
Among the factors that could cause actual results, performance or achievement to differ materially from those described or implied in the forward-looking statements are general economic conditions, competition, potential technology changes, changes in or the lack of anticipated changes in the regulatory environment in various countries, the ability to secure partnership or joint-venture relationships with other entities, the ability to raise additional capital to finance expansion, and the risks inherent in new product and service introductions and the entry into new geographic markets.
For further information, which could cause actual results to differ from the Company's expectations, as well as other factors which could affect the Company's financial statements, please refer to the Company's report filed with the Securities and Exchange Commission.
About Viking Capital Group, Inc.
Viking Capital Group, Inc., head office in Dallas, is creating a group of streamlined companies to provide specialized administration services, using proprietary technology to reduce costs and improve quality of service to insurance companies, banks and other financial institutions. Simultaneously, the Company plans to purchase and manage its own portfolio of insurance Company assets. The Company's strategic goal is to acquire $1.5 billion in insurance managed assets through the purchase of existing life insurance companies. Viking is a fully reporting SEC Company and is traded on the OTC - BB market under the symbol VGCP.
Contact Viking on the World Wide Web. vcgi.com
About Netnote International, Ltd.
Netnote International Ltd. is a privately owned software and product innovation company with head offices in Dublin Ireland. The company is focused on developing products, which make electronic communications simple to use for everybody. Netnote International is managed and directed by a team of highly successful international businessmen. Netnote products are manufactured by global contract manufacturing partners.
For further information contact Netnote at press@netnoteinc.com
# # #
Media contact: Robert Cathey, (423) 584-0550 or rcathey@ackermannpr.com
Investor contact: Matthew W. Fossen, CFO
Viking Capital Group, Inc. (972) 386-9996 or mfossen@vcgi.com
NOTICE: Individuals who wish to receive news on VGCP via e-mail please send their name and e-mail address with the words "add to VGCP list" to sgonzalez@ackermannpr.com. Documents will be sent in RTF and inline text formats.
Disclaimer
Business Financial Network is not a Registered Investment Advisor or a Broker / Dealer. This communication reflects opinions from Viking Capital Group, Inc. (the Company). Readers are advised that this electronic publication is issued solely for information purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy.
The opinions and analysis included herein are based on sources believed to be reliable and in good faith but no representation or warranty, expressed or implied, is made as to their accuracy, completeness or correctness. This information is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. The foregoing discussion contains forward-looking statements which are based on current expectations and differences can be expected.
The information contained herein has been provided by the Company to Business Financial Network for information purposes only; in addition, the information contained in this report is not intended to be a complete discussion of information regarding some of the current and/or intended business activities of the Company.
Readers are urged to consult with independent financial advisors with respect to an investment in the shares mentioned herein. Investors should review a complete information package on Filtered Souls, Inc. (the "Company"), which should include, but not be limited to, the Company's annual report, quarterly report, press releases, as well as all regulatory filings. All information contained in this report should be independently verified with the Company mentioned herein. Any opinions expressed in this report are statements of judgment as of the date of publication and are subject to change without further notice, and may not necessarily be reprinted in future publications or elsewhere. Neither Business Financial Network nor its officers, directors, partners or employees / consultants accept no liability whatsoever for any direct or consequential loss arising from any use of this report or its contents.
Business Financial Network will be paid a fee of $5,000 cash and 20,000 free trading common shares of stock (VGCP) from the Company for consulting services including, but not limited to, project analysis and electronically dissemination of this report and other updates on The Company. Employees and/or principals of Business Financial Network may purchase shares on a voluntary basis in the open market and may buy or sell shares in this company or others without prior notification depending on market conditions and personal financial circumstances.
Prior to RESEARCH INVESTMENT GROUP disseminating this information, Viking Capital Group reviewed and approved the contents hereof.
THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK.
We encourage the reader to review the investing information available with the Securities and Exchange Commission ("SEC") at sec.gov and / or the National Association of Securities Dealers ("NASD") at nasdr.com. Readers can review all public filings by the Company at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its website.
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