Franchise News Release: Aliso Viejo, CA - (Mar-29-2000)


ZLand.com Files Registration Statement for Initial Public Offering (3/00)


 

ZLand.com, Inc. announced that it has filed a registration statement with the Securities and Exchange Commission for an initial public offering of common stock. The offering will be made concurrently in the United States and internationally.

Credit Suisse First Boston will lead manage and Robertson Stephens and Friedman Billings Ramsey will co-manage the offering. ZLand.com intends to use the proceeds of the offering to increase sales and marketing activities, expand international operations, fund product development, and for general corporate purposes, including working capital. A portion of the net proceeds may be used to acquire complementary businesses, products, or technologies.

 

ZLand.com, Inc. is a leading application service provider (ASP) offering proprietary web-based software applications and related services that enable small and mid-sized businesses to cost-effectively take their operations online and automate their business processes. ZLand.com's e-business solutions optimize business functions throughout the enterprise, such as e- commerce, sales force automation, supply-chain management, customer support, human resources, and financial management. ZLand.com offers its software applications to customers on a rental basis and delivers its products and services through a Franchise network.




 

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