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al2000
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Cesy is up 17.65% today . .002
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BizSoft
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Yes moved up very nicely today almost 30%, has there any news?
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al2000
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Last news was 10/13/04 announced a $500,000,000 stock buy back . It was on AmeriTrade .
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trout
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sept 15 news stated the stock dividend date is for oct. 20.I believe this is why we are seeing a price increase.
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gmh37
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Great news on CESY.OB

Press Release Source: Celerity Systems, Inc.


Celerity Systems to Receive Up to $5,240,000 for its Interest in Yorkville Advisors Management
Tuesday February 15, 8:00 am ET


KNOXVILLE, Tenn., Feb. 15 /PRNewswire-FirstCall/ -- Celerity Systems, Inc. (OTC Bulletin Board: CESY - News), a business development company focused on providing capital formation, management advice and investments in developing companies, announced today that it has received Preferential Rights to receive up to $5,240,000 in cash for its interest in Yorkville Advisors Management. During the year ended December 31, 2004, Celerity received $1,230,000 in distributions in connection to its interest in Yorkville. Celerity anticipates it will receive the proceeds pursuant to the Preferential Rights within the next 6 months.
Robert Legnosky, President and CEO of Celerity, commented, "We are very excited about the receipt of the Preferential Rights. We look forward to the receipt of the proceeds for the Preferential Rights to continue to strengthen Celerity's balance sheet and to invest in new business opportunities."

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.

Company Contact: Investor Relations Contact:
Robert Legnosky, President & CEO Gary Geraci
Celerity Systems, Inc. OTC Financial Network
865-539-5300 781-444-6100 ext. 629
garyg@otcfn.com


--------------------------------------------------------------------------------
Source: Celerity Systems, Inc.
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