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Friday, 07/20/2001 12:05:54 AM

Friday, July 20, 2001 12:05:54 AM

Post# of 72
Ponte Nossa Announces Stock Split 26-1

July 18, 2001 21:36:00 (ET)


IRVINE, Calif., Jul 18, 2001 (BUSINESS WIRE) -- Ponte Nossa Acquisition Corp. (PNSA, Trade) today announced a 26-1 stock split, effective July 26, 2001.

In addition, Financial Entrepreneurs Inc. has acquired control of the company in a private transaction and has appointed a new board of directors. Thomas F. DiMele has been elected as president and Laurence M. Schreiber has been elected as secretary/treasurer.

Except for historical information contained herein, the matters discussed in this news release are forward-looking statements within the meaning of the Securities Exchange Act that involve risks and uncertainties that could cause actual results to differ materially from those expressed. These matters include, but are not limited to, information about the company's technologies and products, financial situations, or business opportunities. This news release shall not constitute an offer to sell or the solicitation of an offer to sell any of these securities. CONTACT: Mitchell & Co. Diane Mitchell, 949/474-7020 URL: http://www.businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page.

Copyright (C) 2001 Business Wire. All rights reserved.











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