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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC)
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To: esecurities(tm) who wrote (1751)6/10/1998 9:47:00 AM
From: esecurities(tm)  Read Replies (3) of 4231
 
SWEBF to retain IB for sale/spin-off of [HoTMetaL/XML] SoftQuad, Inc.

"...In line with its new focus on family software and kids video games, SoftQuad International also announced today that it intends to retain an investment banker to explore the possible sale or spin-off of SoftQuad Inc., its structured document and web tools subsidiary. SoftQuad International has been in discussions with a number of companies that have expressed interest in SoftQuad Inc., particularly in its extensive expertise in the emerging XML (extensible markup language) field. The company is actively developing next generation XML based authoring and processing tools to complement its award-winning HoTMetaL and Panorama SGML product families.

In making today's announcements, Richard Rabins, CEO, SoftQuad International Inc. cited the company's strategic focus on high-growth family software and children's video game segments. "Moving forward, we are enthusiastic about the opportunity to build shareholder value by achieving our objective of leadership in children's video games through NewKidCo and by capitalizing on Alpha Software's established position in the lifestyle, entertainment, flight simulation and utility categories for the PC platform..."
source: &copy 1998
newsalert.com

superior move...now announce/launch/release ONLINE merchant.....
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