|RE: Madison and Wall and Net Currents funny as sheet |
"By submitting old certificates in exchange for new ones,
any individual or broker who is in a `short' position with respect to NetCurrents' stock, will be obligated to cover their short position in order to deliver new certificates.
Subj: News Release: NetCurrents, Inc.
Date: 9/24/01 10:23:55 AM Eastern Daylight Time
<center>NetCurrents Information Services Recommends Exchange of Common Shares</center>
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Sept. 24, 2001--
NetCurrents Information Services, Inc. (OTCBB:NTCS - news) today recommended
that all of its shareholders physically submit all of their shares of
the Company's Common Stock to its transfer agent, so that shares
bearing the Company's new name and CUSIP number can be issued.
According to Arthur Bernstein, NetCurrents' Executive
Vice-President, ``In order for a stockholder holding a certificate to
trade NetCurrents' stock, the seller must deliver to the buyer shares
bearing the new name and CUSIP number. Old certificates can no longer
be traded. By submitting old certificates in exchange for new ones,
any individual or broker who is in a `short' position with respect to
NetCurrents' stock, will be obligated to cover their short position in
order to deliver new certificates. In the future, we strongly
recommend that all shareholders keep their shares in their individual
accounts and not in street name, to help avoid shorting.''
All shares should be sent to the Company's transfer agent for
exchange: TranferOnline, 227 SW Pine Street, Portland, OR 97204.
About NetCurrents Information Services, Inc.
NetCurrents, uses its patented FIRST technology to analyze
communications for meaning, sentiment, relevance and key concepts from
more than 100,000 targeted public Internet locations and 3,800 online
publications in real-time. The Company provides clients with critical
information for protection of their corporate image, analysis of
competition, product perceptions, and misinformation on the Internet.
Due to the sensitivity of businesses that require this type of
technology and analysis, confidentiality of NetCurrents clients is
This news release contains forward-looking statements within the
meaning of Section 37A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. These forward-looking
statements involve risks and uncertainties. A number of factors could
cause the actual results to differ from those indicated in the
forward-looking statements, including the Company's ability to
continue to successfully market and provide their products and
services and maintain their effectiveness, the continuation of the
arrangements with its channel partners, the ability of the Company to
secure sufficient financing to continue its operations and to meet its
financial projections and general economic conditions. The Company
undertakes no obligation to publicly update or revise forward-looking
statements whether as a result of new information or otherwise.
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IR Consulting, Beverly Hills
Terri MacInnis, 818/995-0910
Madison & Wall Worldwide, Inc., Longwood, Fla.
Dodi Handy, 407/682-2001