IJoin Systems Inc. Announces 2-for-1 Stock Split
SEATTLE, Aug 6, 2001 (BUSINESS WIRE) -- iJoin Systems, Inc. (OTCBB:IJON), a leading developer of Intelligent Business Webs, today announced that the Company's Board of Directors has approved a two-for-one stock effective August 21, 2001.
Shareholders of record at the close of business on August 21, 2001 will then be issued one additional share for each share of common stock then held.
"This stock split not only rewards our current shareholders, but also makes it easier for other investors to share in iJoin's success," said Mr. John Campbell, iJoin Director. "It also enhances the current liquidity in the marketplace, making it possible for more investors to share in the promising growth of our company and our industry."
As a result of the split, the number of shares of common stock outstanding will increase to approximately 13 million after August 21, 2001.
About iJoin Systems, Inc. (www.ijoin.com)
iJoin is a Delaware corporation based in Seattle that has recently developed the first-to-market Intelligent Business Web offering integrated Web services for the IT marketplace. iJoin's Intelligent B-Web streamlines IT processes, automatically integrating disparate vendors into a single source. A single source provider enables IT professionals to procure, deploy, and maintain custom solutions, and lower their total cost of technology ownership. The platform technology at the heart of iJoin's Intelligent B-Web is iJoin's proprietary XML Logic Engine that designs customized solutions for each iJoin customer. Establishing its beachhead in the information technology (IT) vertical, iJoin's XML Logic Engine will add value to multiple vertical markets in the future.