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Microcap & Penny Stocks : NCLS Nucleus Holding Corporation -- Ignore unavailable to you. Want to Upgrade?

To: JohnO who wrote (50)	10/5/1999 11:49:00 AM
From: JohnO	Respond to of 58

Nucleus Announces Business Plan To Provide a Nationally Branded Single Source Technology Solution. Company to emphasize the delivery of Internet based technology solutions to middle market businesses. CHICAGO, Il. – October 5, 1999 – Nucleus, Inc. today announced the launch of a new business plan that refines the mission of the organization and marks the beginning of a new era in the company's life. Expanding from an initial focus of a single technology, Nucleus will now offer clients the benefits of dealing with a single partner to deliver every facet of an enterprise wide Internet solution. Demand for the basic tools of the Internet – infrastructure, access, hosting and network services is surging. Revenues for e-commerce and Internet services should reach $69 billion by 2003 vs. $19 billion in 1998. It is also estimated that by 2003, 65% of all US workers will be online. This rapid acceleration in demand and the growing complexity of the infrastructure needed has created a dramatic opportunity. Nucleus focuses on developing and implementing core technology solutions that are centered on the benefits of integrating Internet and Network technologies into a clients business. A thorough understanding of the client's needs combined with an in-depth understanding of technology and e-business applications allow Nucleus to offer innovative solutions focused on transforming the way clients conduct business. Responsible for researching, developing and launching the new business plan is the new senior management team, appointed in April of 1999, consisting of President and CEO John Paulsen; Chief Financial Officer J. Theodore Hartley; Vice President, North America Jeff Lundal and Vice President, Business Development Mark Fera, "In order to truly offer value to our clients we need to distinguish ourselves from our competitors and focus on creating and delivering a single source network solution that will enable the quick and efficient transformation of business practices," said Paulsen during a recent meeting at Nucleus' corporate headquarters. "A company that can envision the future of technology, engineer a solution based on that vision and then deliver it to their client is one that will rapidly advance into the future and consistently be viewed as a trusted partner. In order for us to be that company, it was necessary to chart a new direction and assemble the leadership needed to get us there." The Nucleus product and service offering is now focused on all aspects of delivering an Internet based technology solution to businesses that lack an e-business structure. Growing nationally, but maintaining a strong local presence, the company is committed to maintaining an industry leading position in specific markets by growing through acquisition. Nucleus has made four strategic acquisitions since April 1999 and plans to continue its growth efforts throughout the future. Headquartered in Chicago, Nucleus (NASDAQ OTC-BB: NCLS) designs, integrates and supports Internet based Network solutions that transform the way middle market clients conduct business. Nucleus is the center of technology for businesses seeking to migrate to an e-business model but lacking the discipline or expertise necessary to get them there. Delivering a single source core technology solution that includes: Strategic IT Consulting, Infrastructure Design and Integration, Internet Access and Remote Hosting Services, Nucleus gives clients the benefit of dealing with one partner to deliver multiple facets of an e-business solution. Founded in 1984, Nucleus presently operates out of seven consulting office locations in Illinois, Colorado, Oregon and Washington. The information contained in this press release, including any "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 contained herein, should be reviewed in conjunction with the Company's annual report on form 10-KSB and other publicly available information regarding the Company, copies of which are available from the Company upon request. Such publicly available information sets forth many risks and uncertainties related to the Company's business and such statements, including risks and uncertainties related to that are unpredictable and outside of the influence and/or control of the Company. Contact: Jeff Lundal, 312-683-9000 ext. 108