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11/9/99 Name changed from URRA** URREA Enterprises Inc to MYIQ Edulink Inc with a 50-1 F/S BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Nov. 23, 1999--EduLink Inc.'s (OTC BB:MYIQ) President, Dr. Ronald C. Rescigno, Tuesday announced that EduLink has completed a reverse merger with a Nasdaq publicly traded company, URREA Enterprises Inc., a Nevada corporation. "Consummation of the merger marks a new phase in the execution of our corporate strategy," stated Rescigno. "We are boldly moving into an explosive growth market with our comprehensive Internet educational service programs." EduLink Inc. is creating a service called the EduLink Global Smart Schoolhouse to be delivered over the Internet for use by students, parents, teachers and school administrators. Once completed, the service will deliver to schools and homes via the Internet, a nationally recognized 4th-12th grade curriculum with appropriate instructional strategies and student assessment services, as well as a comprehensive school information management and communication system with individualized standards. An embryonic prototype of the Global Smart Schoolhouse can be viewed at www.darwindigital//elink375 Statements in this news release looking forward in time are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements involve risks and uncertainties, including general economic conditions, delays and risks associated with the negotiation, implementation and/or performance of contracts, consumer and industry acceptance, and regulatory actions and risks. EduLink Inc. is publicly traded on the Nasdaq Bulletin Board under the symbol: "MYIQ" --30--sig/ix* CONTACT: EduLink Inc., Beverly Hills Michael Rosenfeld, 310/247-7800 Fax: 310/247-8101 | ||||||||||||||
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