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[QUOTE]Originally posted by sjd235: [QB] *** NEWS *** Beral Inc. in Negotiations with Major European Financial Institution Fingerprint Technology Acquisition Near Completion HOUSTON, Feb 20, 2004 /PRNewswire-FirstCall via COMTEX/ -- Beral Inc. has entered into negotiations to secure a multi-million dollar investment in ProActive Computer Services Inc. (Pink Sheets: PAVP). The investors include a major European Financial Institution and private parties. The funds will be used to finance the CortDev Inc. airport re-development project, specifically to purchase capital assets. In addition, the funds will assist PAVP to attain OTC Bulletin Board status. CEO Andrea Cortellazzi is pleased with the progress that Beral Inc. has made in attracting international investors to his company. He stated: "This interest in making a major investment in PAVP is proof positive that our business plan is a viable one and has tremendous profit potential. These funds are essential to ensure that our strategy is executed and that we reach our short- and long-term goals." Beral Inc. expects to finalize this contract by the end of next week at which time further details will be released. Beral Inc. will then begin negotiations with other interested European investors. Further details on the acquisition of the fingerprint technology identification business will be released on February 26. PAVP has been in intense negotiations with the target company over the past week and an agreement should be reached in a matter of days. According to CEO Andrea Cortellazzi, " ... the company is an innovative one with leading-edge biometric technology and an experienced management team. The partnership will be a win-win situation for both of us." [/QB][/QUOTE]
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