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PLANET ZANETT CHANGES NASDAQ SYMBOL TO ZANE" -
ALSO LISTED ON BERLIN STOCK EXCHANGE
Planet Zanett changes its ticker to (NASDAQ:ZANE)
Planet Zanett, Inc., a commonwealth of profitable IT Service Companies today announced that its NASDAQ trading symbol has changed to (NASDAQ: ZANE), effective immediately.
Formerly, Planet Zanett traded under the symbol (NASDAQ: INCU).
Today the Zanett name denotes not only a premium brand within investment circles, but also represents our proprietary methodology of increasing the value of outstanding Information Technology companies. Planet Zanett has secured the ZANE trading ticker to represent the alliance among those profitable best of breed IT businesses, esteemed enough to have been chosen as full partners of our Commonwealth", stated Claudio Guazzoni, President of Planet Zanett, Inc.
About Planet Zanett, Inc. (www.planetzanett.com)
Planet Zanett is an industry consolidator led by a group of investment professionals who, since 1991, have formed and consolidated businesses around cutting-edge internet, wireless, optical, and telecom technologies. Planet Zanett partners with the owners of profitable companies to identify highly fragmented markets and then orchestrate a platform for consolidations.
Planet Zanetts management team has been instrumental in the success of a number of young technology companies including Robotic Vision Systems, Inc (NASDAQ : ROBV), SmartServ Online (NASDAQ : SSOL), YouthStream Media Networks, Inc (NASDAQ : NETS), and FiberNet Telecom Group, Inc (NASDAQ : FTGX).
For More Information, Contact:
Planet Zanett, Inc.
Claudio Guazzoni, President or David McCarthy, Chief Executive Officer
135 East 57th Street, 15th Floor
New York, NY 10022
(212) 980-4600
corprelations@zanett.com
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to, among other things, future events or Planet Zanett, Inc.s future financial performance. In some cases, you can identify forward-looking statements by terminology including, but not limited to, may," will," could", should," expects," plans," anticipates" believes," estimates," projects," predicts," potential" or continue" or the negative of such terms or other comparable terminology. These statements include, but are not limited to, statements regarding: the expected benefits of the acquisition such as efficiencies, cost savings, market profile and financial strength, and the competitive ability and position of the combined company. These statements involve, among other things, known and unknown risks, uncertainties and other factors that may affect Planet Zanett, Inc.s or its industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Actual events or results may differ materially. In evaluating these statements, you should consider various factors, including the risk that Planet Zanett, Inc.s and Back Bay Technologies, Inc.s businesses will not be coordinated and integrated successfully, and disruptions from the acquisition will make it more difficult to maintain relationships with clients, lenders, employees, suppliers or other constituents. For a discussion of additional factors that could cause Planet Zanett, Inc.s results to differ materially from those described in the forward-looking statements, please refer to Planet Zanett, Inc.s filings with the Securities and Exchange Commission, including, but not limited to, the sections titled Special Note Regarding Forward-Looking Information" and Management's Discussion and Analysis of Financial Condition and Results of Operations -- Risk Factors" in Planet Zanett, Inc.s 2000 Annual Report on Form 10-K and ``Special Note Regarding Forward-Looking Statements." These factors may cause Planet Zanett, Inc.s actual results to differ materially from any forward-looking statement.
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