OTCDD

[xxrayeyes]

CESY (OTCBB) CELERITY SYSTEMS INC

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PRE 14A : CESY Seeks to Boost Auth Shares to 5 Bln

FRIDAY , DECEMBER 06, 2002 08:35 AM

Celerity Systems Inc (OTCBB: CESY) released a PRE 14A on Thursday, after the market closed, announcing the Special Meeting of Stockholders to be held on December 30, 2002, at 10:00 a.m.

Among other things, shareholders will be asked:

- To amend the Company's Certificate of Incorporation to increase the authorized common stock from 250,000,000 to 5,000,000,000 shares.

As of 11/19/2002, there were 129,841,741 shares of the Company's common stock outstanding.



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