To: Mike Perras who wrote (900 ) 6/12/1999 8:28:00 PM From: Mike Perras Read Replies (1) | Respond to of 1692
Spark: Remember we talked about T.ECG, months ago & we wondered why it was so cheap, when u consider who they rep in the US, well I think the news out on June 2 might create some interest .. looks like a great co to me. Wednesday June 2, 8:02 am Eastern Time Company Press Release SOURCE: Envoy Communications Group Inc. Envoy Files Form 20-F Registration With S.E.C. TORONTO, June 2 /CNW-PRN/ - Envoy Communications Group Inc. (TSE: ECG - news) today announced it has filed Form 20-F registration statement with the United States Securities and Exchange Commission (SEC). The Form 20-F allows foreign corporations to register securities with the SEC pursuant to Section 12 of the Securities Exchange Act of 1934. Envoy's registration of its stock will allow its shares to be solicited and traded by licensed broker-dealers in the United States in compliance with Securities and Exchange Commission regulations. The effective registration statement also moves Envoy closer to eligibility for listing its stock on a U.S. stock exchange or market. ''The Board of Directors initiated the SEC filing to allow Envoy to gain access to the U.S. securities market,'' said Geoff Genovese, President and CEO. ''With recent corporate developments, a Form 20-F filing is an appropriate and progressive step for the Company at this time and will help our on-going efforts to maximize shareholders value. As a leading e-marketer, with 50% of our revenues derived from the U.S., it is important to have a US presence among U.S. investors.'' A new breed company, Envoy is an integrated e-Marketer, digitally driven and committed to building global brands both off and on-line. Envoy owns Devlin Applied Design, a leader in web development and design, as well as leading e-Marketing and advertising agencies, the Communique Group, based in Toronto, and New York's Hampel/Stefanides. Envoy has also signed a letter of intent to purchase the Watt Design Group, an internationally recognized retail branding, and package design company. The Envoy Group's list of e-Marketing clients now includes CDNow, FedEx, IMAX, The Industry Standard magazine, Inktomi, MAC Cosmetics, Microsoft, MSN, National Discount Brokers, Toshiba Canada, and Toshiba America, in addition to adidas, A&W, BASF, Benjamin Moore, Bermuda Telephone, Bridgestone/Firestone, Canada Life, Castrol, Honda, and LCBO.