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Microcap & Penny Stocks : Buying opportunity - Market maker out of business

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To: Master (Hijacked) who wrote (462)	5/12/1998 12:56:00 PM
From: Master (Hijacked)	Read Replies (1) of 472

Correction: LGPT $90 million deal with SEVA. Just released: Tuesday May 12, 12:21 pm Eastern Time Company Press Release SOURCE: Log Point Technologies, Inc. Log Point Anticipates $90 Million In New Revenues MOUNTAIN VIEW, Calif., May 12 /PRNewswire/ -- Log Point Technologies, Inc. (OTC Bulletin Board: LGPT - news) is pleased to announce it has contracted with SEVA Technologies, Inc. to assist LGPT in hardware design on efp processor and coprocessor cores. These designs resulting will be licensed as intellectual property to volume markets, including consumer electronics industries. The efp core technologies will be 10-100 times faster than conventional technology of similar cost. The efp cores greatly expands LGPT's product line. LGPT expects to receive revenues in excess of $90 million over the next two years from its efp product lines. As this market grows LGPT revenues could reach in the billions within ten years. Initial efp cores will be available within 90 days. The relationship with SEVA which works with Hewlett-Packard, IBM, Intel, Motorola, and National Semi Conductor, helps to bring LGPT another step closer to revolutionizing numerical computation as we know it today. Log Point Technologies, Inc. was formed to create a major revolution in commercial numerical computation by applying its breakthrough patented technology at fundamental levels across huge markets of the software and digital electronics industries. The Company's technological developments constitute one of the more important genuine breakthroughs in basic computational technology in more than 50 years. This technology is the fuel that the electronics equipment industry runs on. The Company's technology has applications in virtually all aspects of digital electronics chips and equipment including computers. The company has exclusive rights on comprehensive patent on their technology.

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