H-Net.net, Inc. Announces Corporate Name and Domicile Change
10 Giugno 2004 - 8:42PM
PR Newswire (US)
H-Net.net, Inc. Announces Corporate Name and Domicile Change
BREMERTON, Wash., June 10 /PRNewswire-FirstCall/ -- H-Net.net, Inc.
(OTC:HNNT) (BULLETIN BOARD: HNNT) announces that the Board of
Directors, has proposed and approved that the corporate name be
changed to DONOBi Inc. and that the corporation change its State of
Domicile from Colorado to Nevada. Upon shareholder approval the
company will apply for a new trading symbol. The Board of Directors
also announced the transfer of DONOBi's corporate offices to
Bremerton, Washington. The company believes that the name change
will better reflect its current business activity and future
direction. DONOBi Inc. (a Washington State corporation) is
currently a wholly owned subsidiary of H-Net.net, Inc. and was
acquired in a merger agreement completed in February 2004.
Headquartered in Bremerton, Washington, DONOBi is an Internet
solutions company providing internet connectivity services to
individual, multi-family units, and business customers. DONOBi
provides connectivity services such as networking, electronic
commerce business, wireless connectivity, web based database
development, business application solutions and Internet
connectivity solutions. The company's unique operational and
technical "platform" enables DONOBi to (1) deliver Internet
connectivity and related technical support, quality customer
service and billing systems; (2) provide broadband fiber optics and
fiber connectivity; (3) establish broadband wireless connectivity
in rural and urban areas. DONOBi provides services in the States of
Washington and Oregon. H-Net.net, Inc. is a publicly traded
company, trading under the symbol HNNT on the Over The Counter
Bulletin Board. (OTCBB) headquartered in Bremerton, Washington.
SAFE HARBOR STATEMENT The Private Securities Litigation Reform Act
of 1995 provides a "safe harbor" for forward-looking statements.
Certain information included in this news release may contain or
constitute forward-looking statements. These forward-looking
statements are based on current expectations and are subject to
risk and uncertainties. In connection with the "safe harbor"
provisions of the Private Securities Litigation Act of 1995, DONOBi
provides the following cautionary statement identifying important
factors which, among others, could cause the actual results or
events to differ materially from those set forth or implied by the
forward-looking statements and related assumptions. Such important
factors may include but are not limited to the following: Lack of
shareholder approval and denial of corporate registration by the
State of Nevada. DATASOURCE: H-Net.net, Inc.; DONOBi Inc. CONTACT:
Investor Relations of DONOBi, Inc., +1-360-782-4477, ext. 1177 Web
site: http://www.donobi.com/
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