To: Daniel Miller who wrote (7991 ) 10/20/1999 9:48:00 AM From: joepcf Respond to of 9115
Danny here is some more news out today on SLEL. Wednesday October 20, 8:12 am Eastern Time Company Press Release Netscape Canada President Joins Salient Cybertech Board SARASOTA, Fla.--(BUSINESS WIRE)--Oct. 20, 1999--Salient Cybertech, Inc. (OTCBB: SLEL - news) announced today that Netscape Communications Canada president and founder Todd Finch has joined the board of directors of Salient Cybertech, Inc. Mr. Finch was instrumental in developing Canada's Internet infrastructure, NetCenter portal strategy, the e-commerce infrastructure for Netscape worldwide, and the Sun-Netscape Alliance of parent America On Line (NYSE: AOL - news) and Sun Microsystems (NASDAQ: SUNW - news). During his 4-1/2 year tenure at Netscape, he became interested in the SWIFT(TM) distance learning technology of Gemini Learning Systems, which was recently acquired by Salient Cybertech. Mr. Finch has stock and options that make him one of Salient Cybertech's major shareholders. Mr. Finch commented, ''SWIFT offers tremendous value and has the potential to become the standard for distance education and training. I want to be instrumental in making that a reality.'' Founder and CEO of Gemini, Kim Adolphe, who also recently joined Salient Cybertech's board of directors, added, ''Todd's joining the Salient Cybertech board demonstrates his strong belief in SWIFT technology and his personal commitment to our corporate goal of making SWIFT the software standard for distance education and training. Our recent acquisition by Salient Cybertech will provide the resources necessary to meet that goal.'' Questions should be addressed to Paul Sloan, Salient Cybertech, Inc. at Investor Relations (941) 349-6583 or visit www.salientcyber.com. Forward Looking Statements: This news release contains certain ''forward-looking'' statements within the meaning of the Private Securities Litigation Reform Act of 1995, which provides a new ''safe harbor'' for these types of statements. To the extent statements in this news release involve, without limitation, product development and introduction plans, the Company's expectations for growth, estimates of future revenues, expenses, profits, cash flow, balance sheet items, sell-through or backlog, forecasts of demand or market trends for the Company's product categories and for the industries in which the Company operates, or any other guidance on future periods, these statements are forward-looking statements. The Company assumes no obligation to update forward-looking statements. -------------------------------------------------------------------------------- Contact: Salient Cybertech Inc., Sarasota Investor Relations, Paul Sloan, 941/349-6583 www.salientcyber.com