NEWS OUT O37Point9 Announces Acquisition of Unique Health Care Services Company
(Business Wire 06/13/01 06:34:37)
Business Editors
LAS VEGAS--(BUSINESS WIRE)--June 13, 2001--37Point9 (OTCBB:TSPN)
announced today that it has signed a memo of understanding to acquire
the privately held CERNO HOLDINGS Limited, INC.
CERNO Holdings Limited, Inc, a Nevada Corporation, will be
acquired through a stock purchase transaction. CERNO is led by Charles
Kallmann, former Chairman of Hydrogiene Corporation (OTCBB:HICS). This
acquisition is the result of negotiations between the two companies to
use the Internet sales capacity of UPWEGO.com, an Internet retailer.
CERNO brings to the company the unique personal hygiene bidet
products known as the UB-the Ultimate Bidet as well as the soon to be
Patent Pending Medigiene product. These products, as well as a
variety of unique skin care products will be sold through UPWEGO.com
as well as using a Joint Venture with International Marketing
Consortium (IMC) of Jenkinstown, PA.
Legal Notice Regarding Forward-Looking Statements:
"Forward-looking statements" as defined in the Private Securities
Litigation Reform Act of 1995 may be included in this news release.
These statements relate to future events or our future financial
performance. These statements are only predictions and may differ
materially from actual future results or events. 37Point9 disclaims
any intention or obligation to revise any forward-looking statements
whether as a result of new information, future developments or
otherwise. There are important risk factors that could cause actual
results to differ from those contained in forward-looking statements,
including, but not limited to risks associated with changes in general
economic and business conditions, actions of our competitors, the
extent to which we are able to develop new services and markets for
our services, the time and expense involved in such development
activities, the level of demand and market acceptance of our services
and changes in our business strategies.
--30--crd/sf*
CONTACT: 37Point9
Doug Brown, 619/222-2568
Fax: 509/461-5818
KEYWORD: NEVADA
INDUSTRY KEYWORD: CONSUMER/HOUSEHOLD MERGERS/ACQ