BUSINESS FILE

SpringSips upgrades server

Advertisement

SpringSips is offering a cure for the Klez virus and junk e-mail. Today, the local Internet service provider will upgrade its e-mail server to provide two new features for its customers: MailArmor and SpamAssassin.

The upgrade also includes an improved WebMail program.

MailArmor is a new virus protection service which will automatically scan all e-mail for viruses before the e-mail is delivered.

"We're hoping to eliminate viruses before they get to our customers," network administrator Chris Craft said. "Viruses are a big frustration. Hopefully, this free service will eliminate many headaches for our customers."

SpamAssassin will act as a filter for unwanted or junk e-mail, Craft said.

For more information, visit http://www.springsips.com.

Teton seeks Amex listing

Steamboat Springs-based Teton Petroleum Company announced this week that it has submitted an application to list its common stock on the American Stock Exchange. In addition, Teton has also filed a proxy statement with the Securities and Exchange Commission to effectuate a 1-for-10 reverse stock split in order to satisfy the minimum price per share listing requirement for Amex.

"We currently believe that we meet all of Amex's objective listing standards other than stock price. However, we intend to seek stockholder approval to implement a reverse stock split so as to comply with the Amex's minimum price per share requirement," Teton President Howard Cooper said. "Neither Teton nor Amex can guarantee that we will be listed. However, with an Amex listing, Teton would have greater access to U.S. capital markets. This would increase our growth momentum for additional asset acquisitions and market expansion, as well as provide increased visibility and liquidity to investors."

Teton ended fiscal year 2002 with daily field production net to the company of 1,700 barrels of oil per day, a 150 percent increase over 2001.

Comments

Use the comment form below to begin a discussion about this content.

Requires free registration

Posting comments requires a free account and verification.