UPGD applies for Nasdaq Small Cap Market Listing
SEATTLE--(BUSINESS WIRE)--April 14, 2000--Upgrade International Corp.
(OTCBB:UPGD - news) is pleased to announce that it has filed the application necessary tolist its shares on the Nasdaq Small Cap Market.
Mr. Daniel Bland, President of Upgrade International Corp. states that ``having recently received reporting issuer status with the SEC, the Company believes that it has now achieved the listing requirements necessary for Nasdaq Small Cap qualification. This is a very positive step for Upgrade and its shareholders.'
Upgrade International Corp. (OTCBB:UPGD - news), through its ownership interest in UltraCard Inc., is engaged in the
development and commercialization of a patented, data storage technology. UltraCard incorporates conventional hard drive storage technology into a standard credit card form factor, which operates in conjunction with a read write device and operating software. In addition Upgrade has acquired and developed operations developing application software and systems for specific applications of the UltraCard technology. Management believes that the UltraCard technology will provide numerous potential industrial users with a combination of high levels of security and a vastly greater amount of personal, transportable data storage at the lowest cost in the industry.
On Behalf of the Board of Directors,
Daniel Bland, President
This News Release may contain forward-looking statements relating to future results, performance, plans, events or othermatters. Words such as ``potentially,' ``will,' ``anticipates,' ``believes,' ``plans,' ``expects,' ``future,' ``intends' and similar expressions are used to identify these forward-looking statements. Such statements involve numerous risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to development of the company's products and services and
markets for such products and services, the timing and level of customer orders, competitive products and services and pricing, changes in economic conditions and the markets for the Company's products and services and other risks and uncertainties. Actual results, performance and events may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this News Release. The Company undertakes no obligation to release revisions to these forward-looking statements to reflect events or circumstances after the date of this News Release.
Contact:
Upgrade International Corp.
Daniel Bland, 206/903-3116
ir@upgd.com
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