BCB New Shares To Commence Trading On September 2, 1998
New Digital Hand Held Recorder Launched Successfully
MARKHAM, ONTARIO--Ken Murton, Chairman and CEO of BCB Voice
Systems Inc.(formerly BCB Holdings Inc.), announced today, "The
common shares of the Company, following consolidation on the basis
of one new share for every ten old shares, will commence trading
on the Alberta Stock Exchange on Wednesday, September 2, 1998
under its existing symbol 'BIV'. Just remember 'Best In Voice',"
he added.
"Holders of common shares of BCB Holdings Inc. will be requested
to surrender their share certificates to Montreal Trust Company of
Canada for exchange into new certificates representing
consolidated common shares of BCB Voice Systems Inc. Instructions
plus a Letter of Transmittal for exchange of the share
certificates are being mailed to shareholders by the trust
company."
Murton reiterated the statement at the Special Meeting of
Shareholders on August 17, 1998 that in conjunction with the
Company's intention to facilitate trading of its shares in the
USA, the consolidation of its shares and consequent establishment
of a higher market price should broaden the shareholder base of
BCB by attracting investment in shares of the Company from
institutions and other investors who seek high tech growth
companies but cannot or will not purchase shares of companies in
the "penny stock" category.
Mr. Peter Vanderlee, President and COO of BCB, stated, "Sales of
the Company's new portable digital hand held recorder, the
BCB/Uher Professional, plus our related transcription software
"Play-ALL", immediately upon their launch in late August, indicate
very strong demand. No sooner had we introduced these products to
the market than we sold 46 of the hand held units and 10 copies of
the Play-ALL software to a medical clinic in Memphis, Tennessee.
This clinic has 46 doctors and 10 transcriptionists. The clinic
wanted the advantages of digital dictation, especially the ability
to use its Local Area Network, but did not want to be tied to a PC
to dictate. Our products supplied the answer. The first unit was
installed on Monday, August 24, 1998 and has worked to the full
satisfaction of the users. Other major orders are on the near
horizon for these new products.
"BCB Voice Systems Inc. is in the business of developing products
and systems that capture, digitize, compress and store voice from
a variety of sources and then manage the flow of these voice files
over virtually any computer network. This finds the Company
supplying solutions to end-users ranging from individual medical
and legal practices to large hospitals, legislative assemblies,
courthouses and general businesses. The computer networks over
which BCB's software manages voice files include local and wide
area networks, the Internet and intranets.
"The early-stage, technological risk has been overcome and the
Company's main focus now is on channel development and marketing.
In this regard, BCB is forming key alliances and integrating its
technology with compatible technology, products and systems of
major companies in related fields including voice recognition,
case management, document management plus systems and network
installation and support."
BCB stands for Better Communication in Business |
