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To: kamtrader who wrote (2447)8/25/1999 11:48:00 AM
From: AriKirA  Read Replies (1) | Respond to of 77509
 
Salut kam,

J'espŠre avoir un petit peu plus de temps pour participer. Je fais la m‚diation entre les dirigeants de Pyng et les actionnaires. Le problŠme du repricing devrait ˆtre r‚gl‚ aujourd'hui.

En attendant

Global Thermoelectric Inc -

Global Thermoelectric receives purchase order

Global Thermoelectric Inc
GLE
Shares issued 20,853,350
1999-08-24 close $7.95
Wednesday Aug 25 1999
Mr. Jim Perry reports
Global Thermoelectric has received a purchase order for the second segment of
its solid oxide fuel cell project with Delphi Automotive Systems. The purchase
order, worth more than $1.3-million, will cover the next set of activities and
deliverables that Global will undertake in providing selected components for
Delphi's solid oxide fuel cell systems.
"We feel that it will be many years before we see a hydrogen infrastructure in
place and therefore new alternatives are required today," said Global president
and chief executive officer, Jim Perry. "The significant achievements that Global
has previously announced in running stationary solid oxide fuel cells on
hydrocarbon fuels make our fuel cell systems a front runner for transportation
applications." Mr. Perry also stated that, "Global is continuing to seek out strategic
partners in other industries as part of our long-term business strategy,"
Delphi Automotive Systems, with headquarters in Troy, Mich., is a world leader in
automotive component and systems technology. Delphi's three business sectors --
dynamics and propulsion; safety, thermal and electrical architecture; and
electronics and mobile communications -- provide comprehensive product
solutions to complex customer needs. Delphi has approximately 201,000
employees and operates 168 wholly owned manufacturing sites, 38 joint ventures,
51 customer centres and sales offices, and 27 technical centres in 37 countries.
Regional headquarters are in Paris, Tokyo and Sao Paulo. Delphi can be found on
the Internet at www.delphiauto.com.



To: kamtrader who wrote (2447)8/25/1999 3:08:00 PM
From: AriKirA  Read Replies (2) | Respond to of 77509
 
Des actionnaires peuvent faire une diff‚rence

PYNG TECHNOLOGIES CORP.

News Release

August 25, 1999

PYT.V

OTC.BB

Pyng Technologies Corp. applied to the VSE on August 6 1999 for approval to reprice stock
options. The application was consistent with the VSE policy on Senior Board companies, had
received shareholder approval at the Annual General Meeting, and was also consistent with Pyng
Technologies policy of equitable treatment for all employees.

The VSE approved all aspects of the application to reset effective August 24 1999.

Directors and executive of Pyng Medical Corp. are aware of a number of current controversial
issues surrounding stock options and stock option repricing within public corporations in general.
In recognition of the validity of some of the more contentious issues, and after studying those
issues, particularly those issues related to Directors and executive management, Pyng Technologies
has decided to limit implementation of the approval for repricing as follows:

Pyng Technologies will request that the approved stock options agreements be modified so that
the Board Members and senior management will not be included in the repricing. Pyng will
proceed with stock option repricing for non-executive employees only.

On behalf of the Board of Directors,

Michael W. Jacobs

For further information please contact Michael W. Jacobs, President at 1-800-329-7964 or visit
our web site at www.pyng.com