To: SusieQ who wrote (208 ) 12/27/1999 12:46:00 PM From: fortitude Read Replies (1) | Respond to of 230
YARC Confirms Merger Discussions ................ "constructive" as opposed to what...lol..... ..................... Camarillo California, 27 December 1999: YARC Systems Corporation (OTC-BB: YARC) today confirmed that discussions, with a view to obtaining a controlling interest in a company listed on the NASDAQ National Market, are continuing. These discussions are taking place in a constructive atmosphere, and therefore YARC has decided not to disclose further details in order to protect the integrity of the ongoing negotiations. If a controlling interest is achieved, YARC will supply its LINUX Color Server technology to allow the products of the target company to become more closely integrated with the Internet. "Exploratory negotiations" were first reported in YARC's Press Release dated 12/15/99. As disclosed in the Press Release on 12/19/99, YARC has formed an alliance with CTI Imaging Systems Inc. to help YARC more effectively pursue certain merger and acquisition targets. About YARC ( 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. You can evaluate a YARC-XP LINUX Color Server on the Internet at yarcxp.com YARC's E-Commerce Server is at secureshop.yarcrip.com Contacts: YARC Investor Relations: Philippe Niemetz (800)477-7570, (212) 344-6464 email: wphconsultants@msn.com YARC Press Relations: (800) 800-YARC FAX:(805)482-5209 email: press@yarc.com 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 nd/or SEC reports. Such statements are protected under the Safe Harbor provisions of the securities regulations. All trademarks are the property of their respective owners.