SEATTLE, Washington, Feb. 2, 2000 (PRIMEZONE) -- Diversified Marketing Services, Inc. today announced that it has completed its acquisition of inFOREtech Golf Technology 2000, Inc., and changed the company's name to inFOREtech(r) Wireless Technology Inc. The company commenced trading last week on the NASD OTC Bulletin Board under the symbol WYRE. In conjunction with the acquisition, inFOREtech also completed a private placement of 775,000 shares, representing total proceeds to the company of $3.15 million.
inFOREtech(r) Wireless Technology Inc. is the developer of the inFOREmer(tm) 2000 Golf information system, a GPS-based, wireless and portable recreational device (PRD).
About inFOREtech Wireless Technology Inc.
inFOREtech(r) Wireless Technology applies the global positioning system (GPS) and wireless technology to information systems for the golf and recreational industries. The company's initial product, the inFOREmer 2000, is the first, patent pending, sophisticated communications network that utilizes Internet protocols to provide a wireless information system to enhance recreational value, increase golf course profits and improve player safety. The company's mission is to become the leading international supplier of wireless, hand-held portable recreational devices (PRD's) for applications worldwide. Additional information can be obtained from the company's Web site at www.inforetech.com.