Business Editors/High-Tech Writers
ROANOKE RAPIDS, N.C.--(BUSINESS WIRE)--March 24, 2004
Roanoke Technology Corp. (OTCBB:RNKE) reports that a new revamped business plan was recently prepared by Consultant, Graceleyne Financial, Inc., http://www.graceleynefinancial.com, for submission to the underwriters of the $12 million bond offering being finalized.
This document, which included detailed inputs from CEO Mr. David L. Smith and his team, is being used as the master plan the company intends to pursue presently and for the future. It has also been decided that for the benefit of shareholders and other interested parties, important information from this business plan should be featured in Press releases from time to time.
To commence this series of informational releases is the extract from the Executive Summary given below: "Roanoke Tech will penetrate the market in the business of website optimization, website analysis, advertising, lead generation and hosting and website design. The company will provide various e-commerce solutions to businesses and will serve its area of business by striving to make its line more productive and the same time to affect good cost control."
"The business of the company is based on two vital components:
1. Excellent management which has a mastery of choosing the
right product and the right service at the right time with
a clear focus of knowing what their market is and how to
keep gaining a greater share of that market.
2. Providing an excellent product or service that is not only
well accepted now but also whose acceptance and use will
continue to grow at an accelerated rate into the future."
More guidelines from the executive summary will be provided in the next release.
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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