To: Mama Bear who wrote (27558 ) 4/7/1999 12:31:00 PM From: xcr600 Read Replies (1) | Respond to of 122087
Barb, I believe one of your favorites from the past is due to pop. <EAST> Here is why xbiz.yahoo.com Monday February 22, 2:14 pm Eastern Time Company Press Release SOURCE: Eastbrokers International Incorporated Eastbrokers Sets April 12th as Date For Annual Shareholder Meeting; Initial Launch Date of EBonlineinc.com Expected to Debut at Meeting ROCKVILLE, Md., Feb. 22 /PRNewswire/ -- Eastbrokers International Incorporated (Nasdaq: EAST; Berlin and Frankfurt Stock Exchanges: ETB) announced today that it has set April 12th, 1999, as its date for its 1998, Annual Shareholder Meeting. The Company set the record date as March 1, 1999. The Company also announced that it intends to debut the launch of the first phase of its EBonlineinc.com subsidiary at the Annual Meeting in April. As an initial step, the Company secured the following URL address Web sites: Bizfinance.net, Bizmergers.com, Bizfunding.com, Bizservicesnet.com, Bizresourcenetwork.com, Fundingnetwork.com, Fundingandmergers.com. The Company anticipates that each of these URL addresses will be focused on industry specific areas, each with its own resources to help growth oriented companies. The Company intends to develop EBonlineinc.com in conjunction with Cyber Realm, an international Internet access and content provider. The Company cautioned that its plan to jointly develop EBonlineinc.com with Cyber Realm is subject to the signing of a definitive agreement between the Company and Cyber Realm. Furthermore, EBonlineinc.com is only in its development phase and there can be no assurance that this subsidiary or the Company's relationship with Cyber Realm will be successfully developed. The Company also stated that it may have to obtain various regulatory approvals in the development of EBonlineinc.com and that obtaining these approvals, among other factors, could negatively impact the proposed timing and successful development of EBonlineinc.com. Eastbrokers International operates a highly diversified, international, investment banking and securities network. In Europe, Eastbrokers operates WMP Bank AG, an Austrian bank and brokerage company, in which the Company maintains a majority interest. The Company also operates other brokerages throughout Central and Eastern Europe. In the United States, the Company operates EBI Securities Corporation, a NASD member, full service, investment banking and brokerage firm with 20 offices. For further information about the Company, please contact Martin A. Sumichrast at the US corporate headquarters at 301-527-1110 or by e-mail at info@Eastbrokers.net. Cyber Realm is an international Internet services company specializing in providing Internet access services to corporations, Internet service providers and consumers over a nationwide Internet backbone consisting of over 950 points of presence throughout the United States. For further information about Cyber Realm, please contact Bruce Bertman at 301-947-0100 or visit the Cyber Realm Web site at www.cyberrealm.net. Certain information contained in this press release includes forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and is subject to certain risks and uncertainties, including but not limited to the effect of political, economic and market conditions both domestically and in Eastern and Central Europe and those referred to in the discussion of risks and uncertainties set forth in the Company's Annual Report on Form 10-KSB and as amended for the fiscal year ended March 31, 1998, and in the Company's other reports filed pursuant to the Securities Exchange Act of 1934. Readers are cautioned not to place undue reliance on these forward looking statements, which are made as of the date hereof and the Company undertakes no obligation to release any revisions to the forward looking statements to reflect events or circumstances after the date hereof or to reflect unanticipated events or developments. SOURCE: Eastbrokers International Incorporated