The fun begins! -- INOW get's NASDAQ NMS status and they present in a conference later this month. As Click's-and-Mortar begins to get hot this summer, INOW is in a killer spot.
Best of luck others on the thread.
David
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Wednesday April 12, 8:03 am Eastern Time
Company Press Release
SOURCE: InfoNow Corporation
InfoNow Receives Nasdaq National Market Listing; Nasdaq Listing Expected to Increase Liquidity and Broaden Shareholder Base
DENVER, April 12 /PRNewswire/ -- InfoNow (OTC Bulletin Board: INOW - news), a leading provider of eBusiness services to companies that sell through indirect channels, announced today it has met all requirements for and has received a Nasdaq National Market listing. Trading on the new exchange begins Monday, April 17, 2000, and should enable InfoNow to address a broader investor base, increase the liquidity of its stock and develop additional financial partnerships. The company will trade on Nasdaq under the symbol: INOW.
``Clearly the listing is a milestone achievement for InfoNow and represents recognition of the company's continued growth and success in the expanding B2B Internet environment,' stated Michael Johnson, InfoNow's Chief Executive Officer. ``We are thrilled to have the opportunity to share our success with a new and broader investor base and look forward to introducing the company to a much larger and more diversified group of shareholders.'
Kevin Andrew, InfoNow's Chief Financial Officer added, ``The increased liquidity which we expect a listing on Nasdaq to provide will greatly enhance shareholder value. This achievement should not only allow us to expand our base of retail shareholders but also greatly facilitate the ability of institutional investors to buy the company's stock, as most institutions can only invest in companies listed on a major exchange.'
About InfoNow Corporation
InfoNow's B2B eBusiness solutions solve channel conflict by enabling manufacturers to sell online through their existing channel partners. InfoNow's iChannel suite of services resolve channel conflict and maximize sales success by providing referrals, leads, eCommerce and customer relationship management (CRM) capabilities to the channel partners best aligned to close the sale. InfoNow delivers these services over the public Internet, private intranets and extranets to leading clients, including Apple, Compaq, Hewlett-Packard, IBM, Intel, Lucent, Motorola, Novell, and Sony. In 1999, The Denver Post recognized InfoNow as Colorado's top performing public company. Similarly, Deloitte & Touche recently identified InfoNow as one of the ``Colorado Technology Fast 50.' For more information, please visit the company's Web site at www.infonow.com.
InfoNow is a registered trademark of InfoNow Corporation. All trademarks or registered trademarks are the property of their respective owners.
Except for factual and historical information contained herein, matters discussed in this release, including statements as to the Company's ability to increase the liquidity of its stock, attract new shareholders as a result of its Nasdaq listing, and maintain the requirements for its Nasdaq listing, are forward looking. Factors that could cause actual results to differ include the risk that sales of the Company's services may not develop as expected and the risk that the company experiences a significant decline in its stock price. Additional information on factors that could cause actual results to differ materially from forward-looking statements made in this release are contained in the Company's reports on form 10-KSB and 10-QSB filed with the Securities and Exchange Commission.
SOURCE: InfoNow Corporation |
