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Microcap & Penny Stocks : SCMI -- rockin and rollin, company has big expectations -- Ignore unavailable to you. Want to Upgrade?

To: bob sims who wrote (372)	3/8/1999 9:00:00 AM
From: PK	Read Replies (1) \| Respond to of 546

MERGER to close on FRI. 3/12/99 CLEARWATER, Fla.--(BUSINESS WIRE)--March 8, 1999--Systems > Communications, Inc. (OTCBB: SCMI - News) Announced today that the > Company and Hitsgalore.com plan to close the previously announced merger > of the two companies on March 12, 1999. Both companies are working > together to complete all the required terms of the agreement by that > date. As previously announced in the February 23, 1999 press release, as > part of the terms of the agreement, SCMI has to complete the transfer of > all assets and liabilities to the new wholly owned subsidiary > corporation, International Healthcare Solutions, Inc. to the satisfaction > of Hitsgalore.com. > > Steve Bradford, CEO of Hitsgalore.com stated: "We are anxious to > complete the merger, and we are confident that all conditions of the > agreement will be met in a timely manner. We had a very good month in > February with dramatic growth in revenues, and we are excited about the > future prospect of being one of the few public Internet companies that is > actually profitable. We believe that combining our successful Internet > business model with the public company, Systems Communications, Inc., > will be a winning situation for all concerned." > >Financial statements in this press release, other than historical facts, >are "forward-looking" statements within the meaning of Section 27A of the >Securities Act of 1933, Section 21E of the Securities Exchange Act of >1934, and as that term is defined in the Private Securities Litigation >Reform Act of 1995. Systems Communications, Inc. intends that such >statements about its future expectations, including future revenues and >earnings, and all other forward-looking statements are subject to the safe >harbors created thereby. Since these statements (future operational >results and sales) involve risks and uncertainties and are subject to >change at any time, the Company's actual results could differ materially >from expected results. > > CONTACT: Systems Communications, Inc., Clearwater > Edwin B. Salmon, Jr., Chairman of the Board > 727-530-4800 > >