To: Kimberly Lee who wrote (7237 ) 6/4/1999 3:31:00 PM From: Gordon Gekko Read Replies (1) | Respond to of 108040
Bought HCAI. Merger complete with bizrocket.com . Effective Monday. Home Care America, Inc. Purchases Internet Portal Search Engine Maker BOCA RATON, Fla.--(BUSINESS WIRE)--April 29, 1999--Robert G. Williams, President and Chief Executive Officer of Home Care America, Inc. (OTC BB:HCAI - news) announced today the closing of the acquisition of BIOS Corporation of Deerfield Beach, Florida. HCAI acquired all of the outstanding stock of BIOS in exchange for 33,854,204 restricted shares plus cash. BIOS owns the Business Ethics Bureau which publishes www.EthicsBureau.com, a comprehensive full function Search Engine Internet Portal site that is similar to Yahoo, Excite, and Lycos, and focuses on promoting safe e-commerce. As a Distinguished Provider to the Netscape (Nasdaq:NSCP - news) Netcenter, www.EthicsBureau.com is available to over 40,000,000 Netcenter visitors a week. In addition to the unique useful search engine, the EthicsBureau.com portal makes surfing the Internet fun. The site contains, 3,000 channels, chat, forums, a Safe Mall and Safe Auction (where the money is held in escrow until the product is delivered), free Web pages, free e-mail, a handy desktop search tool, 9 categories of news, free classifieds, and much more. HCAI previously announced its entry into the Internet services sector. Simultaneously, HCAI announced its own divestiture as a health care provider through the sale of substantially all of its health care assets to an unrelated third party, and the balance of its health care business to Williams. Both transactions are now complete. Mr. Williams has resigned the position of President and CEO, and will continue with the Company as a Director and Vice President of Acquisitions. Mark Ismach, founder of the Business Ethics Bureau, and developer of www.EthicsBureau.com, has been elected President and CEO. HCAI will change its name to BIOS Corporation. The Company will continue to trade on the NASDAQ OTC:BB under symbol HCAI until a new symbol has been issued. The Company plans to apply for NASDAQ national market listing in the near future. Acquisition discussions of other Internet related companies have already begun. ''Our mission is to rid the Internet of cheats and Charlatans that are scamming Internet buyers, abusing confidential information obtained from children and adults, and tarnishing the reputation of e-commerce on the Internet,'' said Ismach. ''The Internet allows anyone operating out of a garage to produce a Web site that looks like they are a Fortune 500 Company. That's why Internet fraud is climbing at record rates.'' By using the www.EthicsBureau.com search engine as a global Web site locator, consumers can read free comprehensive business profiles, reliability reports, and privacy statements without ever visiting the Web site. This removes the potential of the Web site to use ''cookies'' (a software program that is downloaded to a computer that can extract data) to obtain information without the user knowing. EthicsBureau.com plans to begin additional Internet safety public awareness campaigns with high traffic on high quality Web sites. The goal is to expand its existing relationship with Netscape, and to build partnerships with other Internet leaders like Microsoft, and other major ISPs and destination sites. Additionally an aggressive public relations program, including speaker engagements, press releases and ongoing dialogue with journalists and analysts is being formulated. www.EthicsBureau.com will also be releasing its new Affiliate program allowing legitimate businesses to get paid for adding its powerful ''Safe Search'' engine to their Web sites. This release may include ''forward-looking statements'' within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct. This is neither an offer to buy or sell a security. For information purposes only, from sources deemed to be reliable. For more information contact: Mark Ismach (954) 341-6567 ismach@bebi.com 160 Southwest 12th Ave, Suite 103A Deerfield Beach, FL 33442-3102