Business Services Industry

SATX, Inc Completes SEC Filing

Business Wire, March 2, 2000

Business Editors

Tampa, Fla.--(BUSINESS WIRE)--March 2, 2000

SATX, Inc. (SATX: OTCBB) announced today that the company has submitted its Form 10 filing to the SEC.

SATX Chairman and CEO Merritt Jesson stated that the filing represented a priority milestone for the company's year 2000 plan. The company overshot its filing target by a couple of weeks because it had to be sure all company housekeeping was finished correctly. Jesson stated "I'm delighted to announce that we now have this behind us. Handling the business planning issues for SATX at the same time as completing the SEC documentation has been a grueling but very important and worthwhile effort."

Safe Harbor Statement: Except for historical information contained herein, the statements in this Press Release are Forward-Looking Statements that are made pursuant to the safe harbor provisions of the Private Securities Act of 1995. Forward-Looking statements involve known risk and uncertainties, which may cause the Company's actual results in the future to differ materially from forecasted results.

SATX Inc. has been recently profiled in TheStockAdvisor Newsletter. For an additional report, send email to satx@thestockadvisor.com or visit http://www.thestockadvisor.com .

COPYRIGHT 2000 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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