NEWS IS OUT
June 1, 1999
For Immediate Release
SIDEWARE ENTERS AGREEMENT WITH NATIONAL SECURITIES
Herndon, VA - Sideware Systems Inc. (Symbol VSE - SYD) today announced that the Company has entered into a Financial Advisory and Consulting Agreement with National Securities Corporation of Chicago. Sideware will issue to National 250,000 shares of restricted stock as compensation for services rendered under the Agreement.
"With National, we intend to make our company better known to U.S. investors," said Sideware Chairman Grant Sutherland. Steve Rothstein, Chairman of National, said "We feel Sideware is a very interesting e-commerce play and we look forward to working with Sideware management."
National Securities Corporation, headquartered in Seattle, Washington, was founded in 1947 and currently has approximately 250 retail and institutional registered presentatives located in 38 offices in 18 states. National is a nation-wide full service investment banking and brokerage firm registered with the Securities and Exchange Commission and the National Association of Securities Dealers, Inc., and is a member of the Chicago Stock Exchange.
National is a wholly-owned subsidiary of Olympic Cascade Financial Corporation NATS/NASDAQ), which also owns WestAmerica Investment Group, Inc. based in Phoenix, Arizona.
National maintains investment banking offices in Chicago and Atlanta with a principal focus of providing financial advice, strategic counsel, merger/acquisition services, primary and secondary underwriting and private placements for emerging growth companies. In addition, the research department publishes reports and maintains coverage on micro cap and small cap stocks while the trading department makes markets in over 100 such stocks. Over the past three years, National provided over $400 million in capital to clients in these market segments through public underwritings and private placements.
ON BEHALF OF THE BOARD
GRANT SUTHERLAND CHAIRMAN |