Replies to post #90978 on $tacks Upon $tacks Of Moolah (STAX)

[1eagle1]

PAVP/p news...

ProActive Computer Finalizes Acquisition of Fingerprint Technology Company
PR Newswire - March 09, 2004 14:22

HOUSTON, Mar 9, 2004 /PRNewswire-FirstCall via COMTEX/ -- ProActive Computer Services Inc. (OTC Pink Sheets: PAVP) has finalized the acquisition of a privately-held fingerprint technology company, Digitalus Technology Inc. (DTI). Under the terms of the agreement, PAVP acquired DTI in exchange for cash.

About DTI

DTI is a provider of innovative and effective biometric solutions and products for commercial use. A corporate website is currently under construction at the following address, www.digitalustech.com. DTI specializes in advanced fingerprint technology and its applications in the public sector. The company is currently developing fingerprint-based biometric devices targeted to the airport and airline industries. These products would enable airports and aviation-related centres in the US to comply with the several pieces of legislation related to homeland security. In addition, these products will also capitalize on the initiative by President George Bush to protect the US-Mexico border by positively identifying and screening any travelers at the entry ports. DTI is also working on products/solutions to enhance PC/Network security in the government and corporate sectors. The company expects that these airport-security and PC/Network devices will be ready for commercialization by the fourth quarter of 2004. DTI will be hiring several vendors throughout the US to market the devices. DTI's goal is to achieve profitability by the end of 2005 with at least $15M in annual revenue.

Spin-Off Details

PAVP will perform a reverse-merger of Digitalus Technology Inc. into a public shell, which should be completed in two weeks. The name and trading symbol of the public shell will be released in a matter of days, once it receives legal clearance. Shares of the public shell will then be distributed to PAVP shareholders of record as of the close of business on April 9, 2004. PAVP shareholders will receive .01 shares of the public shell's common stock for each share of PAVP common stock owned.

Status of Name Change

A new CUSIP number has been assigned and the company is awaiting the new trading symbol, which should be available very soon. A press release will announce the new name and trading symbol once it is in effect.

Finally, CEO Andrea Cortellazzi would like to sincerely thank all the shareholders who e-mailed their contact information for the CortDev pamphlet and e-mail updates. PAVP is very committed to maintaining strong investor relations and maximizing shareholder value.