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Bell Technology Group Commences Trading On German
Exchanges
– Bell Technology Group Now Listed on Both Berlin
and Frankfurt Exchanges –
New York, NY ñ October 14, 1997 ñ Bell Technology Group Ltd. (Nasdaq: BELT,
BELTW) announced today that the Company has been listed on both
Germanyís Berlin and Frankfurt stock exchanges. The Companyís shares
trade on the "Third Segment" or Over-The-Counter ("OTC")
market under the symbol "BTY."
Marc H. Bell, President and CEO of Bell Technology Group, stated, "I
am pleased to announce the listing of Bell Technology Group on Germanyís
leading OTC market. This listing places Bell within a distinguished
group of international and multinational companies including AT&T,
Boeing and Eastman Kodak. The German OTC market is home to more than
600 companies, a large number of which are US-based technology companies
including several Internet Service Providers (ISPs), America Online,
Sun Microsystems, Netscape and Yahoo."
Mr. Bell concluded, "Since Germany is one of Europeísí most computer literate
countries, Bellís listing provides us great opportunity to broaden our recognition
abroad, as well as the ability to provide increased liquidity and shareholder
diversity."
Bell Technology Group Ltd. is a premier provider of complete Internet solutions
for New York area businesses seeking to effectively utilize the Internet. The
Company offers high-speed Internet connections, web site hosting and co-location,
programming and integration. Bell Technology Group also provides training and
development to corporate and academic clients at its state-of-the-art computer
and Internet training center and provides development of "cutting edge"
multimedia technology.
Except for those statements that report the Companyís historical
results, the statements being made are forward looking statements. Actual results
could differ materially from those projected in the forward-looking statements.
COMPANY CONTACT:
Marc H. Bell, President & CEO
BELL TECHNOLOGY GROUP LTD.
212-334-8501; 212-334-8509 (FAX)
http://www.belltech.com
INVESTOR CONTACT:
Michael W. Glickman / John G. Nesbett
LIPPERT/HEILSHORN & ASSOC.
212-838-3777
e-mail: [email protected]
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