To: pavlov 1 who wrote (253 ) 7/15/1999 2:37:00 PM From: Nicholas Rainford Read Replies (2) | Respond to of 669
MICRO TEMPUS INC. - UPDATE MONTREAL, July 15 /CNW/ - In response to various rumours which have been circulating and at the request of the Montreal Exchange in light of recent market activity, Micro Tempus Inc. (ME: MTP) announced today that it continues, in the normal course of its business, to pursue discussions with a variety of industry participants concerning a range of transactions, any one of which could be material to its operations. The Company does not have any specific agreements to announce at this time and continues to explore its various options with a view to enhancing shareholder value. The Company may make future announcements, if appropriate. MicroTempus continues to concentrate on the enhancement of its core product, Tempus Connectivity Solutions (TCS), specifically for the Internet area. TCS is now playing a vital role within the E-commerce market as well as other software applications by providing an open platform for the secure and guaranteed delivery of sensitive data, a much sought after technology in the new era of Internet communications. MicroTempus Inc. develops and markets software that facilitates network communications and promotes cross-platform connectivity. Founded in 1982, the company has over 2000 customers world-wide covering every major industry sector. Approximately 95 percent of its customers are in the United States, Europe and South America. -30- For further information: Mark Krakower, COO Micro Tempus Inc., (514) 848-0803, Fax (514) 848-0803, Internet: krakowerm@microtempus.com; Rick Leckner, Investor Relations, Maison Brison, (514) 731-0000, Fax: (514) 731-4525, Internet: brison1@maisonbrison.com