LEX2000 Inc. Announces the Start of Trading
MARIETTA, Georgia - Jan. 29, 1998 — LEX2000 Inc. (OTC BB: LXTO), a leading provider of financial management software and parent company of APL2000 Inc, the leading provider of APL interpreters for desktop computers, today announced the start of trading of its common stock following NASD regulatory review and approval.
“We are pleased to reach this milestone,” said Bob Reisner, LEX2000’s President and CEO. “Trading will provide our shareholders liquidity and help establish a clear share value for prospective partners and acquisition candidates.” Eric Baelen, APL2000’s President adds, “This marks an important juncture and enhances our ability to provide the best APL software, systems and consulting services.”
About LEX2000 Inc.
LEX2000 Inc. (OTC BB: LXTO) was created to provide software and services to larger companies that need fast, accurate financial consolidations and improved management reporting. The company develops, markets and supports comprehensive financial management and consolidation software to extract financial information from existing financial and accounting systems. The company also provides technology products and services to major software companies, the insurance industry and many wall street firms. It is a company of seasoned professionals who provide hands-on consulting and systems support to improve financial management operations of its clients.
LEX2000 Inc.’s industrial-strength financial reporting software solution takes days out of the budgeting and closing cycles of medium and large companies. LEX2000 Inc. software automates elimination and currency translations… consolidates multiple ledgers with different charts of accounts… organizes data into many different hierarchies… performs closing adjustments without cycling the general ledger… collects and integrates worldwide forecasts from the desktop… and more… much more.
LEX2000 Inc. software, systems and service clients number in the hundreds and include companies like General Electric, Lockheed Martin, Cowen and Co., Russell Reynolds.
About APL2000 Inc.
APL2000 Inc. offers a full complement of consulting and technical support services for APL users, including application development and enhancement, assistance in moving APL applications across platforms, peak-load help, training, and programmer supervision.
APL2000 Inc. software, systems and service clients number in the hundreds and include companies like General Electric, Sungard Capital Markets, SoftMed Systems, SS&C Chalke, and Met Life.
The company is headquartered in Marietta with offices in Princeton NJ, Westport CT, Bethesda MD, and in the United Kingdom. Additional information is available online at http://www.LEX2000.com/ or http://www.APL2000.com.
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