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Microcap & Penny Stocks : TMMI - Total Multimedia
TMMI 0.0107+1.9%Nov 18 3:22 PM EST

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To: echo who wrote (10903)8/19/1998 2:16:00 AM
From: Larry Panik  Read Replies (2) of 19109
 
Tom, This was passed onto me by a fellow shareholder. I don't know if you saw it but this is the same time frame as the ISI, Iterated and TMm agreement. Any comment?

Larry
************
Iterated Systems Inc. (ST), MCI Telecommunications Corp. (S)
Iterated and MCI have augmented an agreement from 1994 whereby
Iterated will work with MCI to develop imaging software technologies
that MCI will bring to market. As part of the deal, Iterated has the
right to own patented inventions that may result from MCI's use of the
technology. Also, MCI has the option of buying up to 10 percent of
Iterated common stock at $5 per share.
* Announced: August 12
* Contacts: Iterated Systems Inc., John Bacon, 404/264-8000; MCI
Telecommunications Corp., Dave McDonald, 703/903-1018
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