Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Storage One...SOJ on Alberta -- Ignore unavailable to you. Want to Upgrade?

To: Steve Johnston who wrote (116)	3/19/1999 2:13:00 PM
From: Steve Kirk	Respond to of 394

March 19, 1999 Proposed Name Change To Ecompark Inc. STORAGE ONE INC ("SOJ,SOJ.WT-Y") - Proposed Name Change To Ecompark Inc. Storage One Inc. (the "Corporation") is pleased to announce that it has called a special meeting of shareholders of the Corporation for Monday, May 10, 1999 to consider, and if acceptable, to approve the change of name of the Corporation to "EcomPark Inc.". The proposed change of name of the Corporation is subject to the receipt of shareholder approval and regulatory approval. The Board of Directors of the Corporation is of the opinion the new name will better reflect the expanded business of the Corporation which focuses on the development of, and investment in, new e-commerce and Internet-based companies. Following the proposed acquisition of Rollercoaster Studios Inc. ("Rollercoaster") , the Corporation, through Rollercoaster, will provide Web creation services, e-commerce solutions and strategic Internet consulting. Rollercoaster will also create and develop unique Internet media assets for the Corporation. The Corporation's venture capital division, SOI Invests, makes investments and takes ownership positions in promising companies that want to promote and sell their products over the Internet. SOI Invests has made two investments and continues to seek strategic financing opportunities. Following completion of the name change to EcomPark Inc., SOI Invests will be renamed the "Fundhouse". The Corporation also provides proven storage technology peripherals and devices to value added resellers, system integrators and original equipment manufacturers. The Corporation is currently revising its business model to harness the distribution capabilities of the Internet. Historically, Peripherals Place (www.peripheralsplace.com) has been the Corporation's Web destination for the marketing and distribution of the Corporation's end-of-line products and excess inventory, however, the site is currently dormant. The Corporation intends to create a total e-commerce solution through the enhancement of Peripherals Place by Rollercoaster to make it the primary vehicle for the sales of the Corporation's data storage products.