WAVO NEWS!!
PHOENIX--(BUSINESS WIRE)--Feb. 16, 1999--
Top Investment Bank Will Play a Pivotal, Strategic Role in
Advising Company on Future Business Opportunities
WavePhore, Inc. (Nasdaq:WAVO) today named Donaldson, Lufkin &
Jenrette Securities Corporation as its exclusive financial advisor.
This leading investment bank will advise the company on mergers, acquisitions, strategic partnerships and
future growth opportunities. In addition, Donaldson, Lufkin & Jenrette will provide a key link to the
investment community.
"We're pleased to bring Donaldson, Lufkin & Jenrette on board as a strategic financial advisor -- especially
as it relates to their services in the areas of mergers, acquisitions and strategic partnerships," said David E.
Deeds, chairman, president and CEO, WavePhore.
"Donaldson, Lufkin & Jenrette is recognized globally as a
premier, full-service securities firm. As such, DLJ is well positioned to provide a range of financial
advisory services to WavePhore. What's more, this new strategic relationship will be increasingly important
as WavePhore continues to move forward, grow strategically, and evaluate all business options."
About WavePhore
WavePhore, Inc. (Nasdaq:WAVO) partners with the foremost providers of news, business data,
Internet-based content and multimedia programming to deliver selective intelligence and quality content to an
information-dependent society. WavePhore (www.wavephore.com) enables people and enterprises to more
efficiently receive, manage and productively use all types of urgent, insightful, or relevant information.
The company's technologies and services aggregate, filter,
customize and distribute digital content (text, graphics, music, and video) using a wide range of reliable,
low-cost broadcast, satellite and Internet-based delivery systems. It has technology sourcing and strategic
alliances with companies such as Microsoft, Intel, and PBS National Datacast, in addition to information
service agreements with some two hundred Fortune 1,000 companies worldwide.
Additional information on WavePhore is available via the Internet at wavephore.com.
Certain of the above statements regarding WavePhore constitute forward-looking statements, which may
involve risks and uncertainties. Actual results could differ materially from such forward-looking statements
as a result of a variety of factors, including, but not limited to, technology changes, competitive
developments, industry and market acceptance of new products and services, and risk factors listed from
time to time in WavePhore's SEC filings.
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CONTACT: WavePhore, Inc.
Kenneth D. Swenson, 602/952-5500 (CFO)
kswenson@wavephore.com
Jennifer Schreier, 602/952-5500 (Dir., PR/Investor Rel.)
jschreier@wavephore.com
wavephore.com
KEYWORD: ARIZONA
INDUSTRY KEYWORD: BANKING COMPUTERS/ELECTRONICS COMED
TELECOMMUNICATIONS INTERACTIVE/MULTIMEDIA/INTERNET MANAGEMENT CHAN
REPEATS: New York 212-752-9600 or 800-221-2462; Boston 617-236-4266 or
800-225-2030; SF 415-986-4422 or 800-227-0845; LA 310-820-9473
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