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EXGP is a micro-cap stock which develops, markets and implements software products for Internet-based business applications. The company plans to expand its business through the introduction of WebData(TM), a portal to Internet databases, and is developing several Web services related to e-commerce and intranets.
During August, 1998 EXGP entered into a strategic marketing alliance with Saatchi & Saatchi, PLC for strategic planning and marketing services related to WebData and other Web services.
Clients of EXGP include Lockheed Martin, American Airlines, Ameritech, Nevada Bell, Storage Technology, Texas Instruments, GTE, United Airlines and Entergy.
EXGP was profitable for the nine months ended June 30, 1998 and its book value at that date exceeded $1.00 per share. The balance sheet is clean with less than $100,000 in total liabilities while its stockholders equity exceeded $1.7 million. EXGP has common shares outstanding of 1,473,000.
A private investor has acquired a 7.27% stake in EXGP:
EXGP is based in Santa Barbara, CA and can be reached at 805-962-2558 or 1-800-888-8670. Their website is:
Any comments are welcome. Do your own due diligence.
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