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Monday March 20, 6:30 am Eastern Time Company Press Release SOURCE: H-NET.COM, Inc. H-NET Sets April 3 as Record Date for 2 for 1 Stock Split NIAGARA FALLS, N.Y., March 20 /PRNewswire/ -- H-NET.COM, Inc. (OTC Bulletin Board: HNSP - news) said today that the record date for the company's 2 for 1 stock split is April 3, 2000. The distribution date has been set for April 17. The company announced last week that the board of directors approved a 2-for-1 split of the company's common stock. Holders of common stock will receive one additional common share for every share held. As of March 16, 2000, H-NET had approximately 7.8 million shares outstanding. Upon completion of the split, the number will increase to approximately 15.6 million shares. This is the first split of common stock since the company went public in May 1995. H-NET.COM, Inc. is the global leader in providing E-commerce B2B services to the vision care industry. The company is deploying the H-NET© Internet-based transaction network and its one-stop multi-service Internet portal to as many users in the vision care industry as rapidly as possible. For more information about the company visit our website www.h-net.net or contact Christine Stephens at (905) 475-3249. Email info@h-net.net. For copies of press releases, SEC filings, current price quotes, stock charts and other valuable information visit Hawk Associates website www.hawkassociates.com or contact Frank Hawkins or Julie Marshall, Hawk Associates, Inc. at (305) 852-2383. Email: info@hawkassociates.com. ``Safe Harbor' statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding the expansion of the Company's operations are forward-looking statements. Words such as ``expects', ``intends', ``believes', ``anticipates', and ``likely' also identify forward-looking statements. Actual results may differ from such forward-looking statements as a result of a number of factors. SOURCE: H-NET.COM, Inc. | ||||||||||||||
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