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Wednesday January 19, 4:00 pm Eastern Time Company Press Release Mcglen Internet Group to Expand Investor Relations Retains FRB BSMG Immediately Implementing New Communications Programs TUSTIN, Calif.--(BUSINESS WIRE)--Jan. 19, 2000--Mcglen Internet Group (MIG) (Nasdaq:MIGS - news), a leading e-commerce Internet Operating Company (IOC), today announced that it is expanding communications with the financial community and has retained America's largest firm dedicated to investor relations, The Financial Relations Board BSMG (FRB BSMG), as a consultant and to implement new communications programs among investment professionals. BSMG Worldwide is the world's sixth-largest public relations firm and a part of True North (NYSE:TN - news). Mcglen Chief Executive Officer George Lee, said: ''Through recent acquisitions and mergers, we have created a company with broad potential for financial growth. However, most participants in the financial community are unaware of Mcglen. As we benefit from this growth machine, we want to make sure that investors know about us and how to follow our success.'' FRB BSMG represents more than 50 publicly traded e-commerce companies and hundreds of other public companies from offices in Los Angeles, San Francisco, New York and Chicago. With its broad experience in working with e-commerce companies, FRB BSMG will begin implementing an active investor relations program for MIG to create greater visibility for the company and its products and services among the financial community. The Mcglen Internet Group Inc. (Nasdaq:MIGS - news) is a leading e-commerce based Internet operating company (IOC) focused on creating branded, Internet storefront exchanges, providing unlimited global access to technology-oriented products and services for business-to-business (B2B) and business-to-consumer (B2C) marketplaces. MIG has developed a unique distributed network enterprise and distribution system mated to an array of unique storefront exchanges that are popular with business- and consumer-oriented customers. MIG's corporate offices are located in Tustin. The statements set forth above with respect to Mcglen Internet Group, traded as MIGS, the benefits thereof and the potential growth of the company are forward-looking statements within the meaning of that term in the Private Securities Litigation Reform Act of 1995. As such, they are inherently uncertain and should not be unduly relied upon. As to potential future growth, uncertainties include the ability to successfully manage the companies' businesses, technologies and operations, the availability of sufficient capital to expand the businesses, customer acceptance of new products, competition and other uncertainties associated with introducing new businesses. Contact: Mcglen Internet Group, Tustin Robert Brown, 949/797-9007 or The Financial Relations Board, 310/442-0599 Timothy Kent (general information) Rosalyn Annunciation (investor/analyst contact) Ashley Piggot (media contact) | ||||||||||||
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