CROCKETT, Texas, Sept. 15, 2000 (PRIMEZONE) -- ArchivalCD, Inc. (pre-IPO OTCBB:AHCD) announces that it has made an electronic filing of its amended SB-2. Initially filed on Dec. 22, 1999, the review comments from the SEC required the company to prepare an earlier amendment filed May 12, 2000. Additional clarifications have been provided with the current filing and replaces earlier versions of the filing with the SEC.
"It is a very difficult process, particularly for small businesses, but is something we felt was in our best long term interests," said Daniel J. Hay, CEO/President. "When the SEC changes made compliancy more difficult to obtain many companies dropped to the `Pink Sheets.' We decided we did not want to start at that level and chose to be fully compliant from the start. I would like to think," stated Hay, "that we have accomplished that with this filing but we still have to wait for the SEC approval on the IPO offering."
ArchivalCD provides document management services specializing in digital imaging of microfilm and paper for historic archiving. The company intends to provide both services and products as well as archived storage for its clients. Since 1996 ArchivalCD's digital microfilm(tm) has been the solution for ready accessibility of important digitized documents.
Consulting assistance with the filing has been provided by Tulsa, OK based Corporate Vision, Inc. (CVIA). Questions concerning the filing may be directed to Mr. Barry Hall at Corporate Vision by calling (918)359-1633 or by contacting Daniel J. Hay at ArchivalCD, Inc.
NOTE TO EDITORS: ArchivalCD and Digital Microfilm have been trademarks of ArchivalCD, Inc. since 1996.