HSW International Approved for Listing on Nasdaq
2007年10月2日 - 7:36AM
PRニュース・ワイアー (英語)
ATLANTA, Oct. 1 /PRNewswire/ -- INTAC International, Inc.
(NASDAQ:INTN) and HSW International, Inc. today announced that HSW
International's common shares have been approved for listing on the
NASDAQ Global Market under the ticker symbol "HSWI". INTAC
International's stock will remain under its ticker symbol "INTN"
until the merger with HSW International closes, at which time the
exchange of shares will take place pursuant to the merger
agreement. The parties expect the merger will close this week,
following completion of required procedures. About INTAC
International, Inc. INTAC International, Inc. is a leading provider
of integrated educational and career development services as well
as management software products for educational institutions in
China. INTAC International is also engaged in the distribution of
premium brand wireless handset products. INTAC is a Nevada
corporation and is headquartered in Hong Kong. About HSW
International, Inc. HSW International, Inc. (NASDAQ:HWSI) develops
and operates Internet businesses focused on providing consumers in
the world's emerging digital economies with locally relevant, high
quality information. The Company is headquartered in Atlanta and
incorporated in Delaware. HSW International is the exclusive
licensee for the translation and publication of content from
HowStuffWorks Inc. in China and Brazil. Forward-Looking Statements
This press release contains "forward-looking statements," as
defined in Section 27A of the Securities Act of 1993, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
including, among other statements, statements regarding the
proposed business combination between INTAC and HSW International,
Inc. and the proposed sale of INTAC's wireless distribution
business. Forward-looking statements may be in the future tense,
and often include words such as "anticipate", "expect", "project",
"believe", "plan", "estimate", "intend", "will" and "may". These
statements are based on current expectations, but are subject to
certain risks and uncertainties, many of which are difficult to
predict and are beyond the control of INTAC. Relevant risks and
uncertainties include those referenced in INTAC's filings with the
SEC (which can be obtained as described in "Additional Information"
below), including its annual report on Form 10-K, and include but
are not limited to: general industry conditions and competition;
economic conditions, such as interest rate and currency exchange
rate fluctuations; technological advances and patents attained by
competitors; challenges inherent in new product development,
including obtaining regulatory approvals; governmental laws and
regulations. Risks and uncertainties relating to the previously
announced merger with HSW Merger Corporation, a wholly owned
subsidiary of HSW International, Inc. and/or the proposed sale of
the wireless handset distribution business to Cyber Proof
Investments Ltd. include but are not limited to: required
regulatory approvals may not be obtained in a timely manner, if at
all; the proposed transactions will not be consummated; the
anticipated benefits of the proposed transactions may not be
realized; and the integration of HSW International, Inc.'s
operations with INTAC may be materially delayed or may be more
costly or difficult than expected. These risks and uncertainties
could cause actual results to differ materially from those
expressed in or implied by the forward-looking statements, and
therefore should be carefully considered. INTAC assumes no
obligation to update any forward-looking statements as a result of
new information or future events or developments. Additional
Information This press release is not a substitute for the proxy
statement and any other documents filed or to be filed by INTAC
with the SEC. Investors and stockholders are urged to read such
proxy statement/prospectus and any other such documents which
contain important information about the proposed transactions. The
proxy statement and other documents to be filed by INTAC with the
SEC will be available free of charge at the SEC's website
(http://www.sec.gov/) or from INTAC by directing a request to: J.
David Darnell, Senior Vice President and Chief Financial Officer of
INTAC International at 469/916-9891 or . INTAC and its directors,
executive officers and other employees may be deemed to be
participants in the solicitation of proxies from its stockholders
in connection with the annual meeting. Information about INTAC's
directors and executive officers is available in INTAC's proxy
statement, dated September 13, 2007 for its 2007 annual meeting of
stockholders. Additional information about the interests of
potential participants will be included in the proxy statement to
be filed with the SEC. For Further Information: J. David Darnell
Senior Vice President & Chief Financial Officer INTAC
International PH: (469) 916-9891 or HSW International Investor
Relations telephone: +1 (404) 926-0660 email: or Brion Tingler
Gavin Anderson & Co. telephone: +1 212 515 1941 email:
DATASOURCE: HSW International, Inc. CONTACT: J. David Darnell,
Senior Vice President & Chief Financial Officer of INTAC
International, +1-469-916-9891, ; or HSW International Investor
Relations, +1-404-926-0660, ; or Brion Tingler, of Gavin Anderson
& Co., +1-212-515-1941, , for HSW International Web site:
http://www.intac.cn/
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