I don't think there was an IPO in July. I think this is how they came to trade as WCTI over the summer...
July 24, 1998
WordCruncher Internet Technologies, Inc. Completes Reverse Merger with Dunamis, Inc.
ALPINE, Utah -- (BUSINESS WIRE) -- July 24,1998 -- WordCruncher Internet Technologies, Inc.'s ("WordCruncher Internet") President and CEO, M. Daniel Lunt announced today that WordCruncher Internet has completed a reverse merger with Dunamis, Inc., a Nevada corporation.
WordCruncher Internet was formed to take the lead in providing technology to search the Internet, Intranets or Extranets. Although WordCruncher Internet is a relatively new company, the core technology, WordCruncher® has been used by demanding researchers, in more than thirty countries, for over a decade.
Even though searching is the number one activity on the Internet; user dissatisfaction with the current crop of search tools is well documented. WordCruncher Internet addresses this need by introducing a 'new generation' of search technology which makes searching easier, faster and more accurate: it saves time and money by showing search results 'in context' using a proprietary 'Search WYSIWYG' display, and it works with any language.
"We feel that WordCruncher® represents a real leap forward in search metaphors, research tools and in multi-lingual searching", says Mr. M. Daniel Lunt, President and CEO.
On July 24,1998, WordCruncher Internet Technologies, Inc. will begin trading on the NASDAQ Electronic Bulletin Board under the symbol: "WCTI". |
