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Roanoke Technology Corp. Signs on Another 35 Clients During December 2003
Business Editors
ROANOKE RAPIDS, N.C.--(BUSINESS WIRE)--Dec. 31, 2003--Roanoke Technology Corp. (OTCBB:RNKE) announced that it has continued its impressive growth for the year by signing on another 35 clients during December 2003. This has increased the total clients that finalized contracts with the company to 88 for the last quarter of 2003. RNKE President, David Smith said, "The wider acceptance of our new marketing package continues to fuel the expansion of our client base and this healthy growth rate is projected to improve further in the new year."
Note: "Safe Harbor" Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company' expectations with regard to the future impact on the company's results from new products in development are forward looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
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CONTACT: Roanoke Technology Corp., Roanoke Rapids David L. Smith, 253/537-9222
KEYWORD: NORTH CAROLINA INDUSTRY KEYWORD: BANKING PRODUCT SOURCE: Roanoke Technology Corp.
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Roanoke Technology Corp. to Withhold 50 Million Shares to Reduce Float for
Shareholder Benefit
Business Editors/High-Tech Writers
ROANOKE RAPIDS, N.C.--(BUSINESS WIRE)--Jan. 2, 2004--Roanoke Technology Corp. (OTCBB:RNKE) announced that the issuance of a block of 50,000,000 shares of stock, within the active "float" of the company, has been suspended indefinitely to reduce the amount of shares in the float; this should make shorting Roanoke Tech stock more difficult. This should also benefit loyal shareholders as it is expected to reduce the "shorting" of shares that, as previously reported, has been fairly prevalent. RNKE CEO Mr. David Smith commented "We would like our loyal shareholders to know that these 50,000,000 and that the company will continue to be vigilant and take appropriate action to protect shareholder interest as and when necessary."
Note: "Safe Harbor" Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
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CONTACT: Roanoke Technology Corp. David L. Smith, 252-537-9222
KEYWORD: NORTH CAROLINA INDUSTRY KEYWORD: SOFTWARE HARDWARE SOURCE: Roanoke Technology Corp.
Customize your Business Wire news & multimedia to match your needs. Get breaking news from companies and organizations worldwide. Logon for FREE today at www.BusinessWire.com.