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To: hotlinktuna who wrote (86784)	7/28/1999 10:16:00 AM
From: DanielleC	Respond to of 119973

Remember WCTI??? Was over $30 at one time? News out and stock is RUNNING! WordCruncher Internet Technologies, Inc. Files Nasdaq Application SALT LAKE CITY, Utah--(BUSINESS WIRE)--July 28, 1999-- WordCruncher Internet Technologies, Inc. (OTC BB: WCTI), announced today that it has filed an application with The Nasdaq Stock Market, Inc. for listing on Nasdaq. This application follows the previously announced submission by the company of a Form S-1 Registration Statement with the U.S. Securities and Exchange Commission. WCTI also announced that it has received comments from the SEC on their S-1 filing and will be responding to them within the next two weeks. Kenneth W. Bell, Senior Vice President and Chief Financial Officer, made the following statement concerning the filing of the application: "The filing of this application continues WCTI's progress towards increasing the visibility and liquidity of its common stock. Coupled with the effectiveness of our Registration Statement this will put WCTI in a position to better access the financial markets as our company moves ahead." Bell continued, "While the processing of our Nasdaq application and the completion of our Registration Statement may take several weeks, we believe that we can complete this process and make the move to Nasdaq prior to the end of the third quarter of this year." About WordCruncher Internet Technologies, Inc. Headquartered in Salt Lake City, Utah, WordCruncher Internet Technologies, Inc. is an Internet information company for business professionals. WCTI combines powerful search capabilities with a focused business directory and salient content. For more information about WCTI, visit wordcruncher.com. This release contains forward-looking statements, as defined in Section 21E of the Securities Exchange Act of 1934, and includes WCTI's belief, expectations or intentions regarding its future operations and financial condition. All forward-looking statements included in this release are based on current expectations that involve risks and uncertainties, which might cause the actual results to differ materially from those projected in any forward-looking statements. Factors affecting results include the timely development and implementation of technologies and services, the market awareness and acceptance of these technologies and services, competitive factors and pricing pressures, changes in product mix due to market demand, the overall market demand for internet services, and the ability of the Company to protect its proprietary information. WCTI assumes no obligation to update any forward-looking statements. CONTACT: Investor Inquiries: WCTI R. Brett Bell, 801/816-9904 investors@wordcruncher.com or Brokers & Analysts: Columbia Financial Group 888/301-6271 or Media Inquiries: Brodeur Porter Novelli Mark Molzen, 801/765-1500 mmolzen@brodeur.com KEYWORD: UTAH