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EXHIBIT 99.2
CORZON INC.
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LECSTAR COMMUNICATIONS CORPORATION SHAREHOLDERS
APPROVE ACQUISITION AGREEMENT
BRIDGEPORT, CONNECTICUT - Corzon, Inc. (OTC-BB: CRZN), an international
telecommunications company, announced today that a majority of the shareholders
of LecStar Communications Corporation have approved the Agreement and Plan of
Merger between Corzon and LecStar that was previously announced on January 8,
2001. Located in Atlanta, Georgia, LecStar provides broadband services,
dedicated ATM connectivity and flexible bandwidth that delivers voice, video,
data and Internet applications over a single converged network.
LecStar, in conjunction with Corzon's London based subsidiary B4B
Communications, Ltd., gives the Company an international presence and network
infrastructure.
Upon closing of the transaction, three LecStar appointees will be named
to Corzon's five person Board of Directors.
Corzon is headquartered in Bridgeport, Connecticut. Contact Xxxxx
Xxxxxxxx at 000-000-0000. LecStar is headquartered in Atlanta, Georgia. Contact
Xxx Xxxxxxxx, CFO at 000-000-0000.
Note: Statements in this press release which are not historical may be deemed
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Although Corzon believes the expectations
reflected in any forward-looking statements are based on reasonable assumptions,
it can give no assurance that its expectations will be attained. Factors that
could cause actual results to differ materially from Corzon's expectations
include completion of pending investments, continued availability to originate
new investments, the availability and cost of capital for future investments,
competition within the industry, economic conditions and other risks detailed
from time to time in Corzon's SEC reports. The proposed transaction is subject
to various conditions that may not occur. No assurance can be given that the
transaction will be closed, or if it closes, that investors in Corzon will
retain any level of value. The financial information with respect to LecStar has
been provided to Corzon by LecStar and has not been audited or verified
independently.
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0000 XXXXX XXXXXX, XXXXXX XXXXX, XXXXXXXXXX, XX 00000
PHONE: (000) 000-0000 FAX: (000) 000-0000 EMAIL: XXXXXXXX@XXX.XXX
