Softlink Files Form SB-2 With SEC: stock flies in the face of Detractors
SANTA CLARA, Calif., Nov 3, 1999 (BUSINESS WIRE) -- Softlink, Inc.
(OTC BB: SFLK), the leader in multimedia email software, today
announced that it has filed a Form SB-2 with the Securities and
Exchange Commission (SEC) to register 4,020,000 shares of Softlink's
common stock.
Softlink also intends to file a registration statement on Form 8-A with
the SEC to become a reporting company under the Securities Exchange Act
of 1934. Upon the effective date of the Form 8-A, Softlink will become
a reporting company under the Securities Exchange Act of 1934, and will
be required to regularly file quarterly reports (Form 10-Qs) and annual
reports (Form 10-Ks), as well as report other corporate developments.
Achieving reporting company status will also ensure that Softlink
complies with policies of the National Association of Securities
Dealers. These policies require reporting company status as a
precondition of a company's eligibility for listing on the OTC Bulletin
Board, where Softlink's common stock is now listed.
"The filing of this SB-2 represents an important milestone for
Softlink, as it is the first step towards becoming a fully reporting
company and fulfilling our commitment to the SEC and our shareholders,"
said William Yuan, CEO of Softlink, Inc. "Being a reporting company
will help us to generate greater market interest from both the domestic
and international financial communities." About Softlink, Inc.
Founded in 1996 and based in Santa Clara, CA, Softlink, Inc. (OTC BB:
SFLK), is an innovator in multimedia-based Internet communications.
Using advanced compression and composition technology, Softlink's eMail
inChorus and eMail VOICELink products revolutionize conventional
text-based email with voice, graphics, pictures, animation and live
annotation.
For more information, visit the company's web site at
inchorus.com.
Information contained in this press release contains "forward-looking
statements," which can be identified by the use of forward-looking
terminology such as "believes," "expects," "may," "should," or
"anticipates" or the negatives thereof, or implying that the future
results covered by the forward-looking statements will be achieved.
Various risk factors could cause actual results to vary materially from
the future results covered in such forward-looking statements. Such
statements are subject to other risks and uncertainties.
Note to Editors: eMail inChorus and eMail VOICELink are trademarks of
Softlink, Inc. All other trademarks are the property of their
respective owners and are acknowledged.
Copyright (C) 1999 Business Wire. All rights reserved.
Distributed via COMTEX.
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CONTACT: Porter, LeVay & Rose, Inc.
Lori Parks, VP
Elisa Keys, VP-Media Relations
Jonathan Gordon, Investor Relations
212/564-4700
or
SOFTLINK, INC.
Lauren deVries
408/496-6668 |
