Here is the name change prediction coming true
newsalert.com
SoftQuad International Inc. Announces Special Meeting of
Shareholders
BURLINGTON, Mass.--(BUSINESS WIRE)--Dec. 22, 1998--
Meeting Purpose is to Consider Corporate Name Change to NewKidCo International Inc.
SoftQuad International Inc. (OTC BB:SWEBF)(TSE:SKI), announced today that it is calling a
special meeting of its shareholders to consider a proposal to change the companies' name to
NewKidCo International Inc.
Richard Rabins, CEO of SoftQuad International Inc. said: "This reflects our future business direction
and marks a milestone in the implementation of our strategy to focus on children's video game
publishing."
The Special Shareholder's Meeting will be held at 11:30 A.M. on January 25th, 1999, at The
Sheraton Centre Toronto Hotel, 123 Queen Street West, Toronto, Ontario, CANADA.
About SoftQuad International:
Alpha Software Corporation (Alpha, Alpha Software), based in Burlington, Mass. is a wholly-owned
operating company of SoftQuad International Inc. (OTC BB:SWEBF)(TSE:SKI).
Alpha Software owns controlling interest in NewKidCo LLC, a joint venture publishing video games
for young children on "next generation" game console systems. NewKidCo's mission is to become the
leading provider in the children's video game category with such popular licensed properties as
Sesame Street's 'Elmo' from Children's Television Workshop(R) and Steven Spielberg presents
TINY TOON Adventures(R) from Warner Bros. NewKidCo's products are sold nationwide through
the retail channel. For more information please visit newkidco.com
Press material can be accessed at softquadintl.com
Forward-looking statements in this release are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward-looking
statements involve risk and uncertainties, including without limitation risks of intellectual property rights
and litigation, risks in technology development and commercialization, risks in product development
and market acceptance of and demand for the Company's products, risks of downturns in economic
conditions generally, risks associated with competition and competitive pricing pressures, risks
associated with foreign sales, risks associates with the sell-through of products in the sales channels,
risks associated with customer concentration and other risks detailed in the Company's filings with the
Securities and Exchange Commission.
CONTACT: SoftQuad International Inc.
Steven H. Schneider, (781) 229-2924
investor@softquadintl.com |
