DVT unknown

Big day out, page-2

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    DVT is very strong and profitable re: Big day outThe company has recovered and is profitable and now it is merging with another company that is also profitable.
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    DVT shareholder meeting 19 July anticipated.
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    +++++++++++++++++++++++++
    The Boards of Utility Services Corporation Limited ("USC") and DVT
    Holdings Limited ("DVT") have announced plans to merge the two
    companies.
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    Features of the merged company would include:
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    * A cohesive strategy in technology solutions for the utilities
    market and e-business;
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    * A strong management team;
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    * Budgeted annual turnover in excess of $150 million;
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    * Strong profitability;
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    * Cash and convertible notes in excess of $40 million;
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    * No bank debt;
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    * Expected dividends of at least 4 cents per share per annum (post
    reconstruction);
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    * Approximately 125 million shares on issue (post reconstruction);
 
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Currently unlisted public company.

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