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EXHIBIT 99.2
MONDAY NOVEMBER 27, 8:46 AM EASTERN TIME
PRESS RELEASE
ENVISION DEVELOPMENT'S CREDIT LINES WITHDRAWN BY ITS SOLE LENDING SOURCE
MARLBORO, Mass.--(BUSINESS WIRE)--Nov. 27, 2000--Envision Development
Corporation's (EDV) Chief Executive Officer, Michael E. Amideo, disclosed today
that the corporation's sole lending source has declined to further increase its
lines of credit to the Company. Envision's board of directors has called a
special meeting to review the Company's alternatives. According to Mr. Amideo,
Envision anticipates making a formal announcement within the next 24-48 hours.
This press release contains forward-looking statements that involve risks and
uncertainties that could cause actual results to differ materially from those
set forth in the forward-looking statements. Such risks and uncertainties are
described in the Company's filings with the SEC, including the Company's Annual
Report on Form 10K and the Registration Statement on Form S-1.
Envision Development Corporation (www.edvcorp.com) provides secure e-mail
communication technologies to corporations and individuals, and specialized
software for collaborative communications.
