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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Jim Bishop who wrote (17119)12/16/1999 12:41:00 AM
From: RichBear  Read Replies (2) | Respond to of 150070
 
This thread is getting very ugly...Hope the storm passes soon and you all can get back to helping me (and others) make some money.

Just my opinion

Bear



To: Jim Bishop who wrote (17119)12/16/1999 12:49:00 AM
From: SSP  Read Replies (1) | Respond to of 150070
 
SVRI - SAN JOSE, Calif.--(BUSINESS WIRE)--Dec. 15, 1999--Silicon Valley
Research, Inc. (OTC BB: SVRI), in response to requests from investors,
confirmed today that, to the best of their knowledge, there has been
no selling of SVR securities by a Company director or executive
officer since 1996.
All stock certificates held by directors and executive officers
are restricted and the appropriate filings would have to be made to
the Securities and Exchange Commission under the provisions of Rule
144 before such stock could be released to the market. In addition,
each Company director and executive officer who is an SVR shareholder
participated in a warrant financing in September, 1999 and therefore
is restricted in selling SVR stock until March 25, 2000 pursuant to
Rule 16b of the Securities Exchange Act of 1934.
Currently, there are 28,654,068 shares of SVR common stock issued
and outstanding. The number of shares in the public float is
approximately 14 million.
Founded in 1979, Silicon Valley Research, Inc. develops, markets
and supports innovative IC physical design software for floorplanning,
placement, routing, custom layout and parasitic extraction of deep
submicron Integrated Circuits (ICs). SVR also provides design
consulting services and support to its customers. The advanced
technology in SVR's production-proven tools results in dense, high
yielding, high performance chips. Headquartered in San Jose,
California, SVR has sales representatives in the United States, Asia,
and Europe. Information on potential factors which may affect the
Company's financial results are included in the Company's Quarterly
Reports on Form 10-Q and the Company's Annual Report on Form 10-K.

The preceding paragraphs include forward-looking statements. Such
forward-looking statements involve risks and uncertainty, and actual
results of the Company could vary materially from the forward-looking
statements as a result of factors including, without limitation,
liquidity and capital resources, new products and rapid technological
change, dependence on certain customers and potential fluctuations in
quarterly operating results and lengthy sales cycles. Further
information on potential factors which may affect the Company's
financial results are included in the Company's Quarterly Reports on
Form 10-Q and the Company's Annual Report on Form 10-K. (For
additional information, visit SVR's Web site, svri.com)

--30--alx/sf*

CONTACT: Silicon Valley Research, Inc.
James O. Benouis, 408/361-1018
benouis@svri.com