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PlacementTracker.com Launches Free Private Placement Notification Service PlacementWatch Levels The Playing Field San Diego – January 4, 2000 -
PlacementTracker.com, the only site for Research, Reporting & Analysis
on Private Placements by Public Companies, today announced that it is
launching PlacementWatch, a free e-mail notification service that
automatically informs site members every time a public company on their
watch list closes a private placement financing. Members can choose to be
notified for specific companies or for all of the companies within a
specific industry. The PlacementTracker.com online Research,
Reporting & Analysis Site can be found at dr.placemementtracker.com.
PlacementTracker.com is a service of DirectPlacement.com, Inc. of La
Jolla, CA. Brian M. Overstreet, President of
DirectPlacement.com stated, "PlacementWatch is a service that we have
always envisioned offering to our members and we are very pleased that the
system is now operational. We firmly believe that all investors are
entitled to the same information as corporate or institutional investors
and with PlacementWatch our members can now stay constantly informed about
the private placement financings undertaken by their companies. This
service is particularly important for investors when PlacementTracker.com
reports on a private placement transaction before the company publicly
announces it, as we did twice in the last week of December." Robert F. Kyle, Vice President of
DirectPlacement.com added, "PlacementTracker.com’s mission is to
educate and inform investors about private placement financing.
PlacementWatch once again demonstrates our commitment to level the
investment playing field. We remain committed to building the predominant
online destination for private placement information and look forward to
launching more free content and services on the site in the near
future." PlacementTracker.com is one component of the
DirectPlacement.com online portal. DirectPlacement.com was founded in
March 1999 to provide an online forum for public companies to directly
access the private equity market. The full DirectPlacement.com site will
be launched in the first quarter of 2000. Press
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