fin-info.com
April 20, 1998
PeakSoft Files for Full Reporting Status with SEC; Full compliance assures
investors of timely disclosure of information
BELLINGHAM, WASHINGTON--PeakSoft Corporation (ASE:PKT, Nasdaq
OTC-BB:PEAFF) announced today that it has filed a Form 20-F to
register as a fully reporting company with the U.S. Securities and
Exchange Commission (SEC) under Section 12 of the Exchange Act.
Previously, on March 13, 1998, the National Association of
Securities Dealers (NASD) cleared PeakSoft's submission pursuant
to NASD Rule 6740 and Rule 15c2-11. These actions further
demonstrate the company's desire to meet the stringent full
disclosure requirements of U.S. securities laws and SEC
regulations. PeakSoft was approved to trade on the OTC-BB on March
18, 1998 under the symbol PEAFF.
PeakSoft now submits financial information through the System for
Electronic Document Analysis and Retrieval (SEDAR) in Canada and
the Electronic Data Gathering, Analysis, and Retrieval (EDGAR)
system in the U.S. Both EDGAR and SEDAR systems are databases
where investors can view a company's reports electronically.
"Filing this application with the SEC is a significant milestone
for PeakSoft," stated Doug Foster, president and CEO. "With full
reporting status, our current and potential investors will have
increased access to PeakSoft's financial information through the
EDGAR system as well as the SEDAR system."
About PeakSoft Corporation
PeakSoft Corporation is a market leader in the development of
Internet productivity and communication software products.
Publicly traded on the Alberta Stock Exchange (PKT) and the OTC
Bulletin Board (PEAFF), PeakSoft is a diversified Internet
software company headquartered in Bellingham, WA. For more
information, call 888-377-7325, visit the PeakSoft Web site
(www.peak.com) or send e-mail to info@peak.com.
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
PeakSoft Corporation
Claudia Temple
Corporate Information
(360) 752-1100
Email: claudiat@peak.com
or
Investor Relations Department
Investor Relations
1-888-377-7325
Email: invest@peak.com
Website: peak.com
The Alberta Stock Exchange has neither approved nor disapproved of
the information contained herein. |
