Special warrants
Multiactive Software Inc. Engages Taurus Capital Markets Inc. As Agent for Special
Warrant Offering
VANCOUVER, British Columbia, Feb. 18 /CNW/ --
Multiactive Software Inc. (Toronto: E), a leading provider of e-business front
office solutions, announced today that it has engaged a syndicate of
investment dealers to be led by Taurus Capital Markets Inc., of Toronto as its
agent to arrange subscriptions for an issue of common shares by Multiactive.
The gross proceeds of the issue, which will be by a private placement of
Special Warrants, is expected to be in the range of $10 million. Multiactive
expects to complete the private placement by early March 2000.
About Multiactive Software
Multiactive Software Inc. is a leading developer of innovative e-business,
sales, marketing, and customer management software, including the Entice!(TM),
ecBuilder(R), and Maximizer(TM) product lines. Designed to attract and retain
customers, these award-winning applications are used by more than a million
people worldwide.
Multiactive Software has won numerous awards over its 13-year history.
This includes the recent distinctions of the "Best of COMDEX/Fall 1999" award
from PC WEEK, the Computer Reseller News "Recommended" award, and finalist for
the Software & Information Industry Association's 2000 Codie Awards in the
category of "E-commerce Software - Best Product." Multiactive also won a
Codie award for developing the "Best Internet Commerce Software" of 1999.
The company has offices located throughout North America, Latin America,
Europe, and Asia Pacific and a customer base that includes such leading
companies and institutions as Siemens, BankBoston, Travelers Insurance,
Virgin Records, and Pennzoil. To find out more about Multiactive Software and
its products, call 800-804-6299 or visit www.multiactive.com.
This release may contain certain forward-looking statements reflecting
Multiactive Software Inc.'s current expectations in the electronic business
and sales and customer management software markets. Investors are cautioned
that all forward-looking statements involve risks and uncertainties,
including, without limitation, changes in market and competition,
technological and competitive developments, and potential downturns in
economic conditions generally. Additional information on these and other
potential factors that could affect the Company's financial results are
detailed in documents filed from time to time with the Ontario Securities
Commission.
NOTE: All trademarks or registered trademarks stated herein are
properties of their respective owners.
For further information: Brenda Christensen, VP, Corporate
Communications of Multiactive Software Inc., 818-884-5391, or
blc@multiactive.com
/Web site: multiactive.com |
