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Technology Stocks : Consygen (CSGI) News Reference Thread

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To: tech who wrote (28)	11/6/1997 12:30:00 PM
From: tech	of 40

ConSyGen Inc. Applies for NASDAQ Listing PHOENIX--(BUSINESS WIRE)--Oct. 20, 1997--ConSyGen Inc. (OTCBB:CSGI) announced today that it has applied for listing on the NASDAQ Stock Market's Small Cap Market. Ron Bishop, ConSyGen's president and CEO, stated, ''We believe that inclusion of ConSyGen on the NASDAQ Small Cap market will generate broader interest among potential investors and improve liquidity in the public market for our common stock.'' He continued, ''We are all very excited that ConSyGen has started the process of moving from the OTC Bulletin Board to the NASDAQ Small Cap Market.'' ConSyGen Inc. is a Phoenix-based software company that provides conversion/correction services with its proprietary technologies. The company's ConSyGen 2000 software is a fully automated toolset that automatically corrects dates in both source code and data to be compliant for the Year 2000 and beyond. The company's ConSyGen Conversion toolset can automatically convert software to run on a different hardware platform. For example, software running on older BULL, IBM, Unisys, etc., mainframes can automatically be converted to run on open system or client-server platforms (often called downsizing). Risk warning: the information contained in this press release contains forward-looking statements concerning the company's financial performance and business operations. The company wishes to caution readers of this information that actual results may differ materially from those projected in any forward-looking statements. Factors which might cause actual results to differ materially from those projected in the forward-looking statements contained herein include the following: failure of the company's ConSyGen 2000 or ConSyGen Conversion toolsets to enable the company to convert software programs successfully so that they are Year 2000 compliant and migrated to a functionally equivalent operation; setbacks in developing the ConSyGen 2000 or ConSyGen Conversion toolsets or the company's other software products; market acceptance of the company's products; competitive factors; technical obsolescence of the company's products; and the ability of the company to protect its proprietary information. Contact: ConSyGen Inc. Ron Bishop, 602/496-4545 ext. 132 or Martin E. Janis & Company Inc. Elliott Jacobson, 312/943-1100

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