The Company also believes that the upstream merger will provide accounting efficiencies and a reduction in administrative expenses.
This move, among other things, supports our strategy to implement an aggressive roll up and consolidation of profitable Web-based software companies,” explains 4networld Chairman/CEO Steve Bronson. “Currently, our company provides a comprehensive set of products and services that supports the integration of the Web into a company’s operation. It’s our goal to create greater shareholder value by becoming a premier business-to-business Internet enabling company through our acquisitions
Effective March 8, 2001, the Company will trade on the OTC BB under the new trading symbol FNSI. This change in the corporate name will not affect the status of the Company or the rights of its stockholders in any respect, nor the validity or transferability of stock certificates presently outstanding. The Company’s stockholders may, but are not required to, exchange their stock certificates for new stock certificates reflecting the new name. There will be no change to the Company’s existing cusip number.
