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TELECOMWORLDWIRE-18 January 2001-724 Solutions completes acquisition of TANTAU Software (C)1994-2001 M2 COMMUNICATIONS LTD http://www.m2.com The Canadian Internet infrastructure software developer 724 Solutions Inc has closed its acquisition of TANTAU Software Inc in a stock-exchange transaction. TANTAU is a Texas- based provider of software and professional services designed to enable companies to conduct secure mobile e-commerce transactions. Through the deal 724 Solutions hopes to extend its global presence and to accelerate its technology roadmap. 724 Solutions and TANTAU will now be merged. The combined company, which is to be called 724 Solutions, will be 68% owned by 724 Solutions' shareholders while TANTAU's shareholders will own the remainder. ((Comments on this story may be sent to [email protected]))