BELLINGHAM, Wash.--(BUSINESS WIRE)--Jan. 13, 2000--Integral Technologies, Inc. (OTCBB:ITKG - news;
OTCBB:ITKGE - news), the parent of NextAntennas.com, Inc., and a developer of other emerging technologies announced
that effective January 13, 2000, its shares will begin trading on the National Quotation Bureau's Electronic Quotation System.
Also, on this date, the Company's trading symbol will revert to its base symbol of ``ITKG.' News releases issued by the
Company may be obtained as normal through the World Wide Web, by accessing any financial or news service and inputting
the Company's stock symbol of ITKG.
In order to meet the new compliance regulations of the NASD-operated OTC Bulletin Board, the Company filed its Form 10
with the Securities and Exchange Commission (``SEC') on December 2, 1999. Under the Form 10 filing process, the SEC will
review the Form 10 submitted by the Company, and respond with questions known as ``Comments.' Management and the
Company's attorneys must respond to the Comments to the satisfaction of the SEC. When the SEC is satisfied with the
Company's Comments, the Company will be in compliance with the new NASD rules, and Integral's shares will again trade on
the OTC Bulletin Board at a date stipulated by the NASD.
Management intends to work closely with the SEC during the next few weeks as it goes through the Comment process.
Management anticipates this temporary move from the Bulletin Board to be for a period of between 30 to 45 days. During this
period, any investor that is interested in buying Integral stock can do so, provided that they purchase stock through a brokerage
firm or service that is linked into the National Quotation Bureau System.
Integral, which is presently not a reporting company, has filed its Form 10, which includes audited consolidated financial
statements for the year ended June 30, 1999, and unaudited consolidated financial statements for the quarter ended September
30, 1999, with the Securities and Exchange Commission and awaits a response. The reader is advised that this release contains
forward looking statements of the Company and a variety of factors could cause the Company's actual results and experience to
differ materially from the anticipated results or expectations expressed. Additional information regarding those factors is
available upon request.
Statements made in this press release that are not historical facts, including those related to future market conditions, future
competitors, future partners, market rollouts and future technology, are forward looking and are made pursuant to the safe
harbor provisions of the Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties that may
cause results to differ materially from those set forth in these statements. Among other things, additional competition from
existing and future competitors may impact the market. Projections of market size, partners, market acceptance, technological
rollout and competition are estimated based on preliminary information as well as certain assumptions which management
believes to be reasonable at this time.
For more detailed information on the company and the technologies described above please visit our web site at
www.nextantennas.com or contact Shareholder Relations at 888/666-8833 or Mark N. Tyler, at T.T. Communications, Inc., at
212/962-3690.
Contact:
Integral Technologies, Inc.
Shareholder Relations, 888/666-8833
www.nextantennas.com
or
T.T. Communications, Inc.
Mark N. Tyler, 212/962-3690 |
