To: Kaliico who wrote (81380 ) 7/1/1999 1:57:00 PM From: GERBER Respond to of 119973
DLSC, if you're patient, 135$ in a near future DLSC news out today July 1, 1999 11:25 AM MONTREAL--(BUSINESS WIRE)--July 1, 1999--DLSC delSECUR Corporation announced today the creation of a new wholly owned subsidiary, delSECUR USA Inc., incorporated in Delaware and with its principal offices located at 801 Pennsylvania Avenue, Suite 800, Washington D.C. 20004. This subsidiary has been created specifically to manage all delSECUR operations in the United States. The decision to locate the offices in Washington D.C. was made following the recent expressions of interest in the del-ID(R) technology by several U.S. Governments agencies. delSECUR is also pleased to announce that it has been invited to become a member of the Biometric Consortium of the National Institute of Standards and Technology of the US Department of Commerce. Mr. Pierre de Lanauze, delSECUR President and CEO, stated, "The invitation to join the Biometric Consortium is an important recognition of the del-ID(R) technology and will be a major step forward in its commercialization." Information contained in this news release other than historical information, should be considered forward-looking and is subject to various risk factors and uncertainties. For instance, the strategies and operation of Grandeur Inc. involve risks of competition, changing market condition, changes in laws and regulation affecting these industries and numerous other factors discussed in this release and in the Company's filings with the Securities and Exchange Commission. Accordingly, actual results may differ materially from those in any forward-looking statements.