When the Bigger Fish Eats the Smaller to Become a Bigger Fish
Kevin Ramesan - April 13, 2003

Event Summary

On March 4, 2003, Firstwave Technologies, Inc. (NASDAQ: FSTW) a leading web-based CRM solutions provider, announced the acquisition of Connect-Care Inc., a vertically specialized CRM solutions provider to software industry. Through a merger agreement, Firstwave will deliver 200,000 shares of common stock to the shareholders of Connect-Care, as well as an additional potential earn out payment of $300,000 in cash payable in 2004 if certain revenue goals are attained...