Book about $1...52wl is.69, 52wh is 2.75, 4.3m outstanding on Nasdaq...presently at .81/.88 on 14k...this just out:
Company Press Release
VideoLabs, Inc. Receives Another Order From 3M
MINNEAPOLIS--(BUSINESS WIRE)--March 24, 1999--VideoLabs, Inc.
(NASDAQ:VLAB - news) a provider of image capture transmission and manipulation
based solutions, received an additional twelve month commitment from the Visual Systems
Division of 3M(TM) (NYSE: MMM - news). In September of 1998, VideoLabs partnered
up with Visual Systems Division of 3M to manufacture a gooseneck camera for the 3M Multimedia Projector MP8610 and the
3M Multimedia Projector MP8625 for the education channel. This camera is also compatible with the 3M Multimedia
Projector MP8725. This initial agreement surpassed its commitment level within a six month period. The second order is
scheduled for shipping in 1999.
The 3M MP8610, MP8625 and MP8725 are currently available and are shipping globally. For additional information about
the projectors, please contact 3M at 800.952.4059 or visit 3M's web site at www.3M.com/meetings.
About VideoLabs, Inc.
VideoLabs, Inc. (NASDAQ: VLAB - news), is a publicly traded provider of image capture transmission and manipulation
based solutions for professionals in education, audio-visual, identification and medical markets. The company is located at 5960
Golden Hills Drive, Golden Valley, MN 55416 and can be reached at 612-542-0061 or by fax at 612-542-0069. Internet
address is www.videolabs.com.
Certain matters in the press release are forward looking statements made under the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. All forward-looking statements involve risks and uncertainties.
Contact:
Stacy Harmon, Marketing Communications, 612-542-0061
sjharmon@videolabs.com |
