To: Stock Watcher who wrote (18525 ) 11/10/1999 5:01:00 PM From: mike.com Read Replies (1) | Respond to of 52051
SW - here's some important news from IATV: Wednesday November 10, 4:00 pm Eastern Time Company Press Release Actv, Inc. to Move to the National Market Tier of the Nasdaq Stock Market NEW YORK--(BUSINESS WIRE)--Nov. 10, 1999--ACTV, Inc. (NASDAQ: IATV - news) today announced that it will move to the National Market tier of The NASDAQ Stock Market effective tomorrow, November 11. The company's stock will continue to trade under the symbol ''IATV''. ACTV, Inc. Common Stock currently trades on The NASDAQ Small Cap Market. ACTV, Inc. is a leader in interactive digital television with its proprietary ''Individualized Television'' and ''Individualized Advertising'' software and programming capabilities. The company has also pioneered TV-Internet convergence programming with its patented HyperTV(TM) software solution. ''Moving to the National Market tier will increase our exposure to the financial community,'' said William C. Samuels, chairman and chief executive officer, ACTV. ''This is the most exciting time in our company's history as the digital TV and broadband delivery infrastructures continue to grow. For our shareholders and for our company, the time is right to make this move.'' ACTV offers superior, practical solutions for television programmers, advertisers, cable operators, educators, and consumers looking to leverage the emergence of digital television and the broadband delivery infrastructure. ACTV has relationships with many of the dominant players in the Internet, television and digital technology fields, including key strategic investments from Liberty Digital, Inc. (NASDAQ: LDIG - news) and General Instrument Corporation (NYSE: GIC - news). ACTV Entertainment and HyperTV Networks, Inc., are subsidiaries of ACTV, Inc. Visit ACTV's Web site at actv.com . Contact: Bratskeir & Company, New York Mike Rosen 212/679-2233, ext. 213