big news. Upgrade Announces Agreement to List Shares on the Frankfurt Stock Exchange
Business Wire - January 28, 1999 00:13
BLAINE, Wash.--(BUSINESS WIRE)--Jan. 27, 1999--Upgrade International Corp. (OTC BB:UPGD) is pleased to announce that it has signed an agreement with Kling, Jelko, Dr. Dehmel Wertpapierdienstleistungs AG to obtain a listing of its shares in the Third Segment (Freiverkehr) of the Frankfurt Stock Exchange, in Frankfurt Germany.
Bland, president of Upgrade International Corp., said "in light of the significant interest amongst European investors in our company, the listing in Frankfurt will facilitate the trading of the company's shares in the European marketplace. Moreover, with Kling, Jelko, Dr. Dehmel AG acting as sponsors for the listing, we are confident that news, research and information to shareholders will facilitate greater contact with our European investors on a daily basis".
Kling, Jelko, Dr. Dehmel Wertpapierdienstleistungs AG offers brokerage services of securities traded on the Frankfurt Stock Exchange. The company brokers in all German traded shares and options and represents various international companies as a broker of securities on the Frankfurt Stock Exchange. Kling, Jelko, Dr. Dehmel AG also provides assistance with mergers and acquisitions.
Upgrade International Corp., through its shareholding interest in UltraCard Inc., is engaged in the development and commercialization of a patented, revolutionary data storage technology. UltraCard applies conventional hard drive storage technology onto the surface of the standard credit card. The company has successfully demonstrated the ability to store up to 5mb (five million bytes) of data on a standard credit card. This provides a dramatic increase in storage capacity compared to the existing industry standards. Presently, magnetic stripe and integrated circuit chip (smart card) technology respectively have 256 bytes and 2k (two thousand bytes) of data storage capacity. Additionally, Upgrade is engaged in the acquisition and development of related software applications which will provide for synergistic distribution channels for the UltraCard technology while also providing a diversified asset base.
On behalf of the Board of Directors Malcolm P. Burke, Director
CONTACT: Upgrade International Corp.
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