LGPT-IBM Deal just announced. MSFT next in 2 days! Cha-ching!
Now $3. See you at $20!
Tuesday May 26, 2:21 pm Eastern Time
Company Press Release
IBM to Display Log Point's Technology
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--May 26, 1998--Log Point Technologies Inc.
(OTC BB:LGPT - news). In a recent correspondence, IBM requested LGPT to supply the
specifications required to help market LGPT Technology as part of IBM's third party tools vendor
campaign.
IBM will help market LGPT technology by displaying LGPT technology on the IBM web site, in the
IBM Power PC embedded solutions CD-ROM, and in a PowerPC Embedded Tools brochure.
IBM also requested authorization from LGPT to create a direct link from IBM's web site to the
LGPT web site.
According to Sam Shanks, Log Point Technologies president: ''This type of exposure is of
paramount importance to our company. A large part of our growth is based on alliances with
companies like IBM who can offer exposure of our products to the masses. We are very pleased
with IBM's recent request to include our company in their marketing efforts, and look forward to a
long and profitable relationship with this great company.''
Log Point Technologies Inc. technological developments constitute one of the more important
genuine breakthroughs in basic computational technology in more than 50 years. The company 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. 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 patents on
their technology.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein,
the statements in this Press Release are forward-looking statements that are made pursuant to the
safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements
involve known and unknown risks and uncertainties which may cause the company's actual results in
the future periods to differ materially from forecasted results. These risks and uncertainties include,
among other things, product price volatility, product demand, market competition, risk inherent in
the company's domestic and international operations, imprecision in estimating product reserves and
the company's ability to replace and expand its holdings.
Contact:
Public Relations Contact:
Venture Capital & Marketing Consultants Inc.
888/302-9994
or e-mail nsi@worldramp.net
or
Investor Relations Contact:
Pat Vitucci, 609/748-0563 |
