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Press
Release 03.27.2000
For
Immediate Release
As the first quarter of 2000 comes to a close,
Fusion Source Technologies reports greater than
expected financial strength. After the recent acquisition
of Njoylife Productions/Technologies, the company
stabilizes and gains great excellent market
strength.
Since
the beginning of the millennium, Fusion Source has strengthened
its current services and has widened its available
offerings. One example of this is the naming of
ParaChat Online Chat Solutions (subsidiary of
Xoom.com and NBC Internet, Inc.) as their dedicated
chat server solution. This is one of many recent
solution provider partnerships.
In
addition, Fusion Source has reaffirmed its earlier
statements that the company will remain a privately
held entity with no near future plans to go public.
This private investor relationship has proved to
raise more capital than initially expected thus strengthening
this particular business model. No plans for an IPO
or stock offering is expected this year.
Please
contact Fusion
Source for additional details.
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