BEING RAPED!!!
1 SHARE OF XVN FOR 1 SHARE OF DVDT
NO LESS!!!
Lee Edmondson FORMER XVN DIRECTORS LEAVING THE CO
Lee Edmondson DIRECTOR OF A NEW CO NAMED DVDT
Lee Edmondson DIRECTOR OF DVDT NOW BUYING BACK XVN SOFTWARE CONTROL FOR PEANNUT
WOW!!!!!!!!!!!!!
Director resigns
Software Control Systems International I XVN
Shares issued 32,190,000 Jul 23 close $0.18
Fri 25 Jul 97 News Release
Mr Norman Knowles reports
The company has implemented a management shift designed to bring about the
rapid commercialization of the company's XVN system and its picture print
technology.
Lee Edmondson, a co-founder and director of SCSI, has tendered his
resignation from the board of directors effective immediately. A new
management team is presently being formed.
Mr Edmondson will continue to devote a percentage of his time to the
commercialization of the picture print technology as chairman, CEO and
president of VTI Acquisitions. Last year, VTI Acquisitions purchased 55% of
SCSI's then wholly owned subsidiary, Video Technologies. VTI is financed
and poised to realize the tremendous potential of the picture print
technology. This potential has recently been outlined in a June Business
Week article discussing the digital photo printing market.
************
SOFTWARE CONTROL SYSTEMS
INTERNATIONAL INC.
Unit #250, 5711 No.3 Road
Richmond, B.C. CANADA, V6X 2C9
Ph: (604) 278-7950 Fax: (604) 278-7953
May 25, 1998
Dear Shareholders
Software Control Systems International Inc. has had an interesting year. It has seen the sale of Video Technologies Inc. to VTI Acquisitions. SCSI received an ownership in VTI Acquisitions of 45%, a note for US$2,270,000 US, a cash payment of US$35,000.00 and the repayment of an pre-existing Video Technologies Inc. note of US$450,000. The note US$2,270,000.00 is payable on either the sale of all or part of the assets for $20,000,000.00 or having an IPO of $20,000,000.00.
The Company has been continuing the development of the “picture print” product. The assets of this company revolve around patents that have been issued as well as those that have been applied for. They are:
1) a Provisional application No. 600258986 that covers reflective LCD display vs. transmissive LCD(Liquid crystal display) for picture printing
2) a Provisional patent application No. 08927354 that covers reflective LCD display vs. transmissive LCD for printing
3) Patent No. 5,521,658 issued May 28, 1996 for an optical aspect ratio control for video projector
4) Patent No. 5,737,123 issues April 7, 1998 for an adjustable-aspect video projection screen
5) Disclosure document covering equipment and means for printing of digital images
6) Disclosure document covering a system apparatus and software for efficiently converting analog and digital video signals into photographic quality prints
In addition there are several items submitted to the patent attorney to formulate into applications they are:
1) equipment and means for improved printing of digital images
2) means for selecting and converting analog and digital video signals into photographs
SCSI has also licensed its patented XVN system to DVD Technologies Inc. for the territory of North and South America excluding Canada. SCSI is to receive a 10% royalty on all sales other than system sales for which it receives $200.00 each as well as a current ownership of 58%. DVD is led by president Lee Wesson, who is the current Vice President of the AMOA (Amusement Music Operators Association) as well as running his own successful vending company.
Additionally, the Company has signed a letter of intent with Revenue Technologies Inc. of Dallas Texas to explore the strategy of forming a joint venture company. This company would receive a license for the XVN system for the specific market area of retailing and advertising.
The upcoming year should prove to be very exciting as DVD Technologies launches the XVN System in the United States. We, the shareholders of SCSI should finally see the rewards of our patience.
Yours truly,
Software Control Systems International Inc.
per: _______________________
Norman Knowles, President
NEWS RELEASE
XVN-ASE April 22, 1999
SOFTWARE CONTROL SYSTEMS
INTERNATIONAL INC.
(the Company)
Unit 250, 5711 No. 3 Road
Richmond, B.C.
V6X 2C9
The Company wishes to clarify its February 23, 1999 release regarding the licensing agreement with Digital Video Display Technology Corp. (DVDT).
Software Control Systems International Inc. (SCSI) signed an exclusive licensing agreement with DVDT in which it licensed its US Patent for a Jukebox Entertainment System.
SCSI is to receive 2,000,000 shares of DVDT issued pursuant to rule 144 of the US Securities Act of 1933 and $250,000. SCSI has also received the exclusive rights to DVDT's products for sale within Canada and the States of Washington, Oregon, Montana, Idaho and Hawaii.
For further Information contact: Norman Knowles at 278-7950.
NEITHER THE ALBERTA STOCK EXCHANGE NOR ANY OTHER REGULATORY BODY HAS APPROVED NOR DISAPPROVED OF THE CONTENTS OF THIS PRESS RELEASE.
FORM 27
SECURITIES ACT
MATERIAL CHANGE REPORT UNDER SECTION 118
OF THE SECURITIES ACT
ITEM 1 Reporting Issuer:
SOFTWARE CONTROL SYSTEMS INTERNATIONAL INC.
Unit #250, 5711 No. 3 Road
Richmond, B.C.
V6X 2C9
ITEM 2 Date of Material Changes:
April 22, 1999
ITEM 3 Filing of Material Change Report with The Alberta Stock Exchange:
News Release dated April 22, 1999 was transmitted by Canada Stockwatch on April 22, 1999 and a Material Change Report will be filed with the ASE on April 26, 1999 by SEDAR.
ITEM 4 & 5 Summary and Full Description of Material Changes:
See attached News Release dated April 22, 1999.
ITEM 6 Reliance on Section 118(2) of the Securities Act:
Section 118(2) is not being relied upon.
ITEM 7 Senior Officers:
Mr. Norman Knowles, President
Telephone: (604) 278-7950.
ITEM 8 Statement of Senior Officer:
The foregoing accurately discloses the Material Changes referred to herein.
Dated this 26th day of April, 1999.
“Norman Knowles” (signed)
NORMAN KNOWLES
President
NEWS RELEASE
XVN-ASE April 22, 1999
SOFTWARE CONTROL SYSTEMS
INTERNATIONAL INC.
Unit 250, 5711 No. 3 Road
Richmond, B.C.
V6X 2C9
Software Control Systems International Inc. (the Corporation) wishes to announce that it has received approval of the Alberta Stock Exchange to the reduction of the conversion price from $0.30 per share to $0.10 per share on a $556,000 Convertible Debenture. The Convertible Debenture is held by an arms length investor and was issued in December 1995.
As a result of the reduction of the conversion price the entire principal amount of the debenture has been converted into 5,556,000 common shares of the Corporation
Approved on behalf of the Board of Directors by:
“Norman Knowles” (signed)
Norman Knowles, President and Director
For further Information contact: Norman Knowles at 278-7950.
NEITHER THE ALBERTA STOCK EXCHANGE NOR ANY OTHER REGULATORY BODY HAS APPROVED NOR DISAPPROVED OF THE CONTENTS OF THIS PRESS RELEASE.
Software Control Systems International Inc.
ASE Stock Symbol XVN May 13, 1999
Software Control Systems International Inc. (the “Corporation”) wishes to announce that it has signed a Letter of Intent with the Winfield Entertainment Group (“WIN”) which will constitute a Joint Venture between the Corporation and WIN. Pursuant to the terms of the Letter of Intent WIN will secure locations and operate a minimum of 1,000 video jukeboxes supplied by the Corporation. Revenues and expenses pursuant to the Joint Venture will be shares by the Corporation and WIN on an equal basis. The Joint Venture shall include all of Canada and the states of Washington, Oregon, Idaho, Montana and Hawaii.
The Corporation has also agreed to make WIN the exclusive distributor for an additional 10,000 video jukeboxes in the same territories for the next five years.
Agreed on behalf of the Board of Directors by:
“Norman Knowles” (signed)
Norman Knowles, President and Director
For further Information contact Mr. Norman Knowles at (604) 278-7950.
NEITHER THE ALBERTA STOCK EXCHANGE NOR ANY OTHER REGULATORY BODY HAS APPROVED OR DISAPPROVED OF THE CONTENTS OF THIS PRESS RELEASE.
FORM 27
SECURITIES ACT
MATERIAL CHANGE REPORT UNDER SECTION 118
OF THE SECURITIES ACT
ITEM 1 Reporting Issuer:
SOFTWARE CONTROL SYSTEMS INTERNATIONAL INC.
Unit #250, 5711 No. 3 Road
Richmond, B.C.
V6X 2C9
ITEM 2 Date of Material Changes:
May 13, 1999
ITEM 3 Filing of Material Change Report with The Alberta Stock Exchange:
News Release dated May 13, 1999 was transmitted by Canada Stockwatch on May 13, 1999 and a Material Change Report will be filed with the ASE on May 25, 1999 by SEDAR.
ITEM 4 & 5 Summary and Full Description of Material Changes:
See attached News Release dated May 13, 1999.
ITEM 6 Reliance on Section 118(2) of the Securities Act:
Section 118(2) is not being relied upon.
ITEM 7 Senior Officers:
Mr. Norman Knowles, President
Telephone: (604) 278-7950.
ITEM 8 Statement of Senior Officer:
The foregoing accurately discloses the Material Changes referred to herein.
Dated this 25th day of May, 1999.
“Norman Knowles” (signed)
NORMAN KNOWLES
President
Software Control Systems International Inc.
ASE Stock Symbol XVN May 13, 1999
Software Control Systems International Inc. (the “Corporation”) wishes to announce that it has signed a Letter of Intent with the Winfield Entertainment Group (“WIN”) which will constitute a Joint Venture between the Corporation and WIN. Pursuant to the terms of the Letter of Intent WIN will secure locations and operate a minimum of 1,000 video jukeboxes supplied by the Corporation. Revenues and expenses pursuant to the Joint Venture will be shares by the Corporation and WIN on an equal basis. The Joint Venture shall include all of Canada and the states of Washington, Oregon, Idaho, Montana and Hawaii.
The Corporation has also agreed to make WIN the exclusive distributor for an additional 10,000 video jukeboxes in the same territories for the next five years.
Agreed on behalf of the Board of Directors by:
“Norman Knowles” (signed)
Norman Knowles, President and Director
For further Information contact Mr. Norman Knowles at (604) 278-7950.
NEITHER THE ALBERTA STOCK EXCHANGE NOR ANY OTHER REGULATORY BODY HAS APPROVED OR DISAPPROVED OF THE CONTENTS OF THIS PRESS RELEASE.
CANADA STOCKWATCH Date 02/23/99 Company SOFTWARE CONTROL SYSTEMS INTERNATIONAL Title Software Control signs U.S. licencing agreement
Software Control signs U.S. licencing agreement
Software Control Systems International I XVN
Shares issued 38,262,868 Feb 19 close $0.12
Tue 23 Feb 99 News Release
Mr. Norman Knowles reports
Software Control Systems has signed a licencing agreement with Digital
Video Display Technology Corp. for the United States. Digital Video Display
Corp. trades on the Nasdaq OTC Bulletin Board under the symbol DVDT.
SCSI is to receive two million shares of Digital Video Display Technology
Corp. and the exclusive marketing rights for Canada and the Pacific
Northwest states to DVDT's products. SCSI will also receive $250,000 to
finance the marketing of DVDT's products in Canada.
All other licencing agreements and/or arrangements have been terminated.
Digital Video Display Technology Enters Negotiations to Acquire
Software Control Systems
NEW YORK, Nov 11, 1999 (BUSINESS WIRE) -- Digital Video Display
Technology Inc. (OTCBB: DVDT) an interactive audio and video, location
based, entertainment and marketing media channel, designed to replace
traditional jukeboxes, with an innovative revenue generating gateway to
merchandise content & product based on consumer demand or preference,
announced today that it has entered into negotiations to acquire
Software Control Systems International ("SCSI") (ASE: XVN).
In February of 1999, SCSI licensed to DVDT its precedent setting US
patent for a computerized audio/video jukebox using content stored on a
hard-drive utilizing selective devices such as touch-screens to play
audio/video entertainment on television within the location-based
environment. This licensing formed the basis to jointly develop the
location based satellite network with Netune Corporation that is
scheduled to launch in the first quarter of 2000 in the US market.
Mr. Edmondson Chairman & CEO of DVDT explained,"This acquisition will
represent an important strategic position for the company as it will
give DVDT control of the entire intellectual property portfolio of SCSI
along with, industry relationships and precedent setting content
licenses that will help build our position as a premier location-based
provider of entertainment and marketing content. With all of this
within our portfolio, we will be able to provide our shareholders the
maximum opportunity for value as we as we prepare a worldwide launch of
our audio/video entertainment platform." Furthermore, Mr. Edmondson
explained, "Additional issued patents in Canada, an international
patent application under the Patent Corporation Treaty in more than 50
countries for computerized audio/video jukeboxes, an approved patent
application for Europe, and a broad patent disclosure approved for
patent in India -representing more than 100 individual claims of
invention will also be acquired. These, combined with the patent
disclosures currently being made by DVDT, serve to confirm our belief
that our audio/video entertainment platform DVDT System along with our
expanding product line will be well-protected in the global
marketplace."
Mr. Edmondson continued, "The scope of the intellectual property is
significant because the DVDT business initiative is predicated on
replacing disposable content such as CD's DVD's, Video discs and such
with stored digital audio and video data on resident hard drives that
will be refreshed by satellite downloading. Our initiative will give
the market the alternative not to buy hard copy, but rather, use,
erase, then refresh current entertainment content on local storage. Not
only will DVDT offer this alternative to the networks that operate the
1,000,000 mechanical jukeboxes worldwide, additionally, we will expand
our product offerings to the audio/video playback market, the DJ
markets, the Kareoke markets and general retail markets. In each
market, our broad product line will significantly reduce our commercial
hosting customers' costs that are historically associated with disc
purchase, while dramatically enhancing their profit potential. No
longer will the commercial industry hosts have to pay for hard copy
which tends to have a short life cycle within these environments.
Mr. Edmondson elaborated on the distribution benefits of the deal
saying, "This transaction will enable us to access and manage a number
of distribution agreements that can be vertically integrated with DVDT.
It is our intention to become directly involved with the vending
distribution companies and the SCSI/Winfield Group relationship is a
great opportunity for us to expand our business model by bringing
additional resources to the table. These distribution relationships
coupled with the tremendous relationships with top music and
entertainment content companies being initiated under the direction of
the Marshall Firm will enhance the momentum of the network launch
slated for the first quarter of 2000."
About Digital Video Display Technology Building upon patented and
proprietary computer technology, Digital Video Display Technology Corp.
(DVDT) is a "jukebox replacement" system offering a remote media retail
"One Stop Shop" that provides convenience, customized product, and the
"Power of Choice." Unlike other media outlets, DVDT does not "force
feed" consumers, instead, DVDT caters to their impulsive appetite
reaching targeted consumers within the location-based
hospitality/entertainment industries (bars, theme restaurants, etc.)
with desirable customization of demographically formatted music and
video content, coupon distribution, advertising, point-of-purchase
targeted marketing and merchandising content, and on-site e-commerce
transactional opportunities related to artist merchandise or other
consumer products.
About Software Control Systems International Software Control Systems
International is a publicly traded Canadian company that is credited
with inventing the computerized audio/video jukebox.
This press release may contain forward-looking statements. While these
statements reflect the Company's beliefs, they are subject to
uncertainties and risks that could cause actual results to differ
materially.
Copyright (C) 1999 Business Wire. All rights reserved.
Distributed via COMTEX.
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CONTACT: The Investor Relations Group, New York
212/736-2650
WEB PAGE: businesswire.com
GEOGRAPHY: NEW YORK
INDUSTRY CODE: ADVERTISING/MARKETING
ENTERTAINMENT
INTERNET
COMPUTERS/ELECTRONICS
HARDWARE
RETAIL
MERGERS/ACQ
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