Fusion Source Technologies

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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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 Company Information managed by the Corporate Management Group - last updated 11.10.2001 @ 04:29 PM -0500