Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Jim B who wrote (45273)	12/15/1999 12:21:00 PM
From: hoffy	Read Replies (1) \| Respond to of 108040

QSND huge LINUX news. Very cheap here. COuld be an end of day runner

To: Jim B who wrote (45273)	12/15/1999 12:26:00 PM
From: bigbuk	Respond to of 108040

YARC mms been buying above the bid. Great Pr today and Yarc looking to run back higher this afternoon. BB Wednesday December 15, 10:24 am Eastern Time Company Press Release YARC Obtains Additional $25 Million Line of Credit for LINUX-Related M&A CAMARILLO, Calif.--(BUSINESS WIRE)--Dec. 15, 1999--YARC Systems Corp. (OTCBB:YARC - news) today announced that, upon completion of the initial $10 million credit facility, an additional $25 million line of credit has been pledged by its lender. This will enable YARC to shift its focus toward the acquisition of larger companies, such as those trading on the Nasdaq Small Cap and Nasdaq National Market exchanges. This additional line may be drawn down upon approval by the lender of specific merger and acquisition opportunities. YARC is continuing to identify companies that have bottom lines which can be quickly improved by the injection of YARC's LINUX, Internet and Postscript expertise. YARC is currently engaged in exploratory negotiations with one such company. About YARC (http://www.yarc.com/) YARC has developed proprietary LINUX software that integrates printing technologies with the Internet and Internet browsers. YARC's proprietary version of Adobe Systems' ''PostScript'' Printer Description Language (PDL) is used to transfer images from a computer, over a network such as the Internet, to a printing engine. YARC is the only company shipping Internet-enabled LINUX Color Servers for the printing industry. YARC has placed one of its LINUX Color Servers on the Internet at yarcxp.com. YARC's E-Commerce Server is at secureshop.yarcrip.com. At this date, YARC Systems has 20,448,021 shares of common stock issued and outstanding. The number of shares in the public float is just over 12 million. YARC officers and management own 34 percent of the issued and outstanding common stock. The above totals include the shares being used to acquire Quality Photographic Imaging. There have been delays in the filing of this merger with the state of California brought about by incorrect processing of the 1987 merger that created QPI. DISCLAIMERS: Forward-Looking Statements: Certain of the above statements may be forward-looking statements that involve risks and uncertainties. In such instances, actual results could differ materially as a result of a variety of factors, including competitive developments, lack of adequate financing, and other risk factors listed from time to time in the company's disclosure statements and/or Securities and Exchange Commission reports. Such statements are protected under the Safe Harbor provisions of the securities regulations. Note to Editors: All trademarks are the property of their respective owners. Contact: YARC Systems Corp. Philippe Niemetz, 800/477-7570 (investor relations) 212/344-6464 wphconsultants@msn.com or Media Relations, 800/800-YARC 805/482-5209 fax press@yarc.com