DELSOFT CONSULTING Signs Teaming Agreement With CAC Millennium Services
ROSWELL, Ga., Jan 23 /PRNewswire/ -- DELSOFT CONSULTING, INC.
(OTC Bulletin Board: DSFT) announced today that it signed a teaming agreement
effective December 23, 1997, with CAC Millennium Services of Atlanta, Georgia [BTW - Rinde is a member of the Georgia Bar]
to jointly pursue Year 2000 (Y2K) remediation services.
CAC is currently the exclusive licensee in the United States of a unique
and innovative Year 2000 conversion tool whose strength lies in its robust and
highly intelligent date routine. This approach minimizes the logic changes
typically associated with conversion efforts. The use of this routine
significantly reduces conversion time and required labor resources, while
drastically simplifying the testing procedure. A key advantage is that the
tool can be used in any environment and is flexible enough to support any
language. Furthermore, it can be used with any other automated Y2K solution.
The developer of this product claims that users can expect to reduce their
conversion effort by close to 80%.
"Considering that a typical organization could spend close to $25 million
or more to correct its Y2K problem, the cost savings using this tool are
phenomenal", said Jeffrey A. Rinde, Chief Financial Officer of DELSOFT
CONSULTING. DELSOFT CONSULTING and CAC Millennium Services offer Year 2000
services to assist clients in any stage of the Year 2000 project or
development life cycle.
DELSOFT CONSULTING, INC. is a systems integration, software engineering
and development firm. The Company also provides "Year 2000" consulting
services.
Forward-looking statements in this release are made pursuant to the "safe
harbor" provisions of the Private Securities Litigation Reform Act of 1995.
Investors are cautioned that such forward-looking statements involve risks and
uncertainties, including without limitation, continued use of the Company's
services, and the continued availability of labor resources.
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From Hodgson & Russ website:
Jeffrey A. Rinde
212.661.3535
jrinde@hodgsonruss.com
Partner
Corporate & Securities Practice Group
New York Office
Areas of Practice: Securities law regulation and compliance, mergers and acquisitions, corporate law
B.A., University of Maryland
J.D., University of Miami School of Law
Professional Experience: Mr. Rinde focuses his practice on U.S. securities regulation and compliance, including public and private equity and debt security financings, mergers and acquisitions, venture capital financing, and corporate law and governance. He has extensive experience in representing issuers and merchant and investment banking firms in public and private securities offerings, as well as buyers, sellers, and financial advisors in a variety of public and private business combinations.
Mr. Rinde's clients are involved in a broad range of business areas, including media and new media, high-technology and Internet services, telecommunications, precious metals, alternative fuel technology, oil and gas, health care, direct marketing, biotechnology, traditional manufacturing, wholesale and retail, computer consulting, real estate, and consumer products. His counsel is sought by companies seeking access to venture capital and the public capital markets. Mr. Rinde is also regularly consulted by emerging growth companies for pre-public offering advice.
Bar Associations: New York State Bar Association, American Bar Association
Admitted to Practice: New York, Connecticut, Georgia
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From the Stock Patrol report posted earlier:
"Could that be a mere coincidence? We have found no disclosure suggesting that the four companies are under common ownership and control. To the contrary, each identifies a different individual as its “Managing Member”: Judith Adler of New York City for Kilkenny; Dr. Stuart Erner of Slingerlands, New York for Rathgar; Irwin Goodman of Alpharetta, Georgia for Finglas; and Ben Giacchino of Woodstock, Georgia for Monkstown (Finglas has also provided an address in Boynton Beach, Florida."
"Capital Advisory Partners is also a Georgia limited liability corporation. Its registered agent is the law firm of Briskin & Associates, LC, whose founder, Alan Briskin, used to be a partner in the Alpharetta, Georgia law firm of Briskin & Rinde. His partner in that firm was named Jeffrey Rinde."
"One more thing. Benjamin Giacchino, Managing Member of Monkstown, also served as a Director of Delsoft, and reportedly sold Delsoft shares under Rule 144. Prior to that time, between 1991 and 1993, Giacchino was a stockbroker at Greenway Capital Corp. (later Cortlandt Capital Corp.), a brokerage firm that lost its license in 1998 after the SEC charged Greenway with securities manipulation."
AI
