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Technology Stocks : Logpoint Technologies (LGPT)

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To: Dolfan who wrote ()	2/4/1999 1:56:00 PM
From: E Wilson	Read Replies (1) of 698

WE HAVE NEWS!!! Thursday February 4, 12:45 pm Eastern Time Company Press Release Log Point Announces Performance Improvement in SuperSpeed Hardware Designs MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Feb 4, 1999--Log Point Technologies Inc. (OTC BB:LGPT - news) announced Thursday, that Log Point has improved the performance of its SuperSpeed(tm) floating-point hardware designs by more than 20% over previously reported performance figures, and that Log Point has presented this new technology, under non-disclosure, to microprocessor manufacturers, consumer electronics companies, and internet companies. According to Dr. Samuel Shanks, Log Point president, ''Log Point is exploring new territory in floating point technology and we expect further performance improvements in the technology as we refine our designs. We will license these hardware designs to the electronics industry and we are lining up major financing to produce our own chips from these hardware designs.''

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