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Technology Stocks : Ioptics: Microsoft-backed Start-Up

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To: HeyRainier who wrote ()5/1/1998 3:16:00 PM
From: Thomas Calvet  Read Replies (1) of 39
 
Rainier...et al,

Here is a response from Steve Hubbard, CFO of Ioptics, to an email I sent them. Hopefully, all who are interested will read this before they ask the same questions of Ioptics.

<<Thank you for your interest regarding investing in Ioptics and our revolutionary OROM technology.

Currently, the company is privately held with funding comprised of investments from Microsoft, Polaris Venture Partners and certain individuals.

We are targeting mid 1999 to bring OROM to market and expect to go public shortly thereafter. However, right now we are sufficiently funded to complete our product prototype and don't anticipate another round of financing that would include individual investors.

For additional news releases and the most up-to-date product information, please stay posted to our web site, www.ioptics.com. We will keep your name in our database for any future announcements pertinent to your request.

Again, we appreciate your interest.

Sincerely,
Steve Hubbard
CFO>>
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