IWM:VSE hoping to get on TSE, by Oct.13 and may be trying for Nasdaq.
I own shares
newswire.ca
Attention Business Editors:
Infowave announces conditional listing approval from Toronto Stock Exchange
BURNABY, BC, July 19 /CNW/ - Infowave Software, Inc. (VSE: IWM) is
pleased to announce that it has received conditional approval for the listing
of its common shares for trading on the Toronto Stock Exchange. Listing of
Infowave's common shares is subject to compliance with all of the requirements
of The Toronto Stock Exchange on or before October 13, 1999.
About Infowave
Infowave is a world-class software developer. The company was founded in
1984 and is headquartered in Vancouver, Canada. Infowave's Imaging Division
builds award-winning printing solutions. Infowave's PowerPrint(R) and
StyleScript(R) software kits provide Apple(R) Macintosh(R) users with improved
print quality and access to more than 1,600 printers. Infowave's Wireless
Division builds mobile business solutions that use the power of wireless
communications to extend the reach of enterprise computing. Infowave for
Exchange and Infowave for the Net are the most advanced and secure wireless
solutions for connecting mobile workers to key corporate information and
applications.
(C) 1999 Infowave Software, Inc.- Infowave, the Infowave logo, PowerPrint
and StyleScript are trademarks of Infowave Software, Inc. All other trademarks
are the property of their respective owners. Some of the above trademarks may
be registered in certain jurisdictions. This news release may contain certain
forward- looking statements that involve risks and uncertainties such as
competitive factors, technological developments and market demand. Actual
results could differ materially from the Company's expectations. The Vancouver
Stock Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.
-30-
For further information: Corporate - Infowave Software, Inc. Todd
Carter, CFO 800-463-6928, ir@infowave.com; Investor Relations - The
Investor Relations Group, Steve Hanson, 800-444-9214, irg@invrel.com
newswire.ca
Infowave retains United States legal and financial counsel
Launching U.S. financing initiatives and Redmond-based wireless
headquarters
BURNABY, BC, Aug. 19 /CNW/ - Infowave Software, Inc. (VSE:IWM) today
announced that it has retained Dorsey & Whitney LLP and Cascadia Capital LLC
to provide legal and financial counsel in the United States. The moves were
made as Infowave prepares to undertake financing initiatives in the U.S. and
establish the headquarters for its wireless business in Redmond, Washington.
In addition to relocating senior wireless executives currently located in
Vancouver, Infowave is actively recruiting U.S.-based sales and marketing
personnel. Infowave's Form 20-F registration statement became effective
February 1999 and Infowave is a reporting company under the U.S. Securities
Exchange Act of 1934, as amended.
Chris Barry, a partner in Dorsey & Whitney's International Corporate
Group in Seattle, will provide Infowave with general and legal counsel as it
prepares to raise capital and create a public market for its securities in the
United States. Mr. Barry has over 20 years of experience in general business
counseling and is an internationally recognized expert in structuring and
completing international acquisitions and financings. A major portion of Mr.
Barry's practice is devoted to advising Canadian technology companies seeking
to raise capital or acquire businesses in the United States.
Cascadia Capital, LLC (''Cascadia'') is a merchant bank based in
Kirkland, Washington founded by Michael Butler and Kevin Cable. Mr. Butler has
over thirteen years of executive Wall Street experience with Lehman Brothers,
Inc. and Morgan Stanley & Company. Mr. Cable has twelve years of experience in
both investment banking and as an executive with several Silicon Valley
start-up companies. Cascadia will provide financial counsel to Infowave
primarily with respect to mergers and acquisitions, strategic alliances,
strategic investments and underwriter selection.
About Infowave
Infowave was founded in 1984 and is headquartered in Vancouver, Canada.
Infowave's Imaging Division builds award-winning printing solutions -
PowerPrint(R) and StyleScript(R) software kits provide Apple(R) Macintosh(R)
users with improved print quality and access to more than 1,600 printers.
Infowave's Wireless Division builds mobile business solutions that use the
power of wireless communications to extend the reach of enterprise computing.
Infowave for Exchange and Infowave for the Net are advanced and secure
wireless solutions for connecting mobile workers to key corporate information
and applications.
(c) 1999 Infowave Software, Inc.- Infowave, the Infowave logo, PowerPrint
and StyleScript are trademarks of Infowave Software, Inc. All other trademarks
are the property of their respective owners. Some of the above trademarks may
be registered in certain jurisdictions. This news release contains certain
forward-looking statements about the establishment of its Wireless Division
headquarters in Redmond that involve risks and uncertainties such as the
ability to identify and retain key management and technical personnel and
appropriate office and R&D facilities at appropriate cost, and the effects of
tax and other legal considerations on the Company's plans. Actual results
could differ materially from the Company's expectations. The Vancouver Stock
Exchange has not reviewed and does not accept responsibility for the adequacy
or accuracy of this release.
-30-
For further information: CORPORATE - Infowave Software, Inc., Todd
Carter, CFO ir@infowave.com 800-463-6928; or INVESTOR RELATIONS - The
Investor Relations Group, Steve Hanson, President (604) 689-5255 or
1-800-444-9214, irg@invrel.com |
