California Software Retains OTC Financial Network to Lead Comprehensive Investor Relations Campaign
SANTA ANA, Calif.--(BUSINESS WIRE)--Feb. 7, 2000--California Software Corp. (OTC BB: CAWC), a leader in IBM migration products and developer of the award-winning BABY product line, today announced that it has selected OTC Financial Network, a division of National Financial Communications Corp. (NFC) of Needham, Massachusetts, to direct its financial communications and shareholder relations campaign.
Geoffrey Eiten, president of National Financial Communications, commented, ''We are enthused to represent California Software Corp., the worldwide leader of PC-based IBM midrange replication products. The Company is experiencing solid growth, reporting $2.8 million in sales and earnings per share of $0.56 in the most recent quarter.''
Eiten continued, ''Trading at a steep discount relative to its peers, California Software is an undiscovered high-technology stock with an extremely bright future. We look forward to communicating California Software's exciting growth prospects to analysts, brokers, and investors.''
California Software Vice President Carol Conway stated, ''Retaining OTC Financial Network for our investor relations component is prudent to the successful implementation of our aggressive growth strategy. We confidently rely on OTC Financial to maximize our visibility to the investment community as we move forward.''
California Software Corp. is the international leading provider of IBM Midrange migration software solutions marketed under the brand name BABY. These products support the migration IBM AS/400 screens and applications into PC-LAN business environment and enjoy over 100,000 installations in 56 countries.
OTC Financial Network, a division of National Financial Communications Corp., is a financial communications and investor relations firm specializing in the representation of micro-cap companies.
For additional information, see californiasoftware.com
Forward-looking statements in this release are made pursuant to the ''safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
Contact:
California Software
Kate Tague, Marketing/Communications
949-553-8900
ktague@calsw.com
www.californiasoftware.com
or
OTC Financial Network
Robert Weiss, Investor Relations
781-444-6100 ext. 11
rick@otcfn.com
biz.yahoo.com
I'm in for 1000 shares at 8. I had no idea this company was even making a penny. Nice for me. I wish I had more shares now.
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