To: Mr. Pink who wrote (303 ) 1/5/2000 3:51:00 PM From: Steve Fancy Respond to of 385
SpatiaLight, Inc. Submits Application for Nasdaq Relisting Wednesday January 5, 8:00 am Eastern Time Company Press Release NOVATO, Calif.--(BUSINESS WIRE)--Jan. 5, 2000--SpatiaLight, Inc. (OTCBB: HDTV - news), a leading developer of liquid crystal on silicon (LCOS) microdisplay devices, currently trading on the Over-the-Counter Bulletin Board, today announced its application for relisting on The Nasdaq Stock Market. A listing on Nasdaq, widely recognized as the most important exchange for growth companies, will increase SpatiaLight's visibility in the investment community and allow larger numbers of individuals and institutions to share in SpatiaLight's success. ''Our company has made tremendous progress over the past year,'' said Michael Burney, CEO of SpatiaLight, Inc. ''The move to the Nasdaq is a strategic step forward in positioning SpatiaLight as we transition the Company from development stage into manufacturing.'' About SpatiaLight SpatiaLight, Inc. (OTCBB: HDTV - news) is a leading developer of high-resolution, miniature reflective liquid crystal displays on silicon (LCOS) for use in large screen computer monitors, home theatre projection systems, video projectors and other display applications. The company has its headquarters at 9 Commercial Blvd., Suite 200, Novato, CA, 94949. Tel: (415) 883-1693. Fax: (415) 883-3363. Web Site: www.spatialight.com. This document contains forward-looking statements, which involve certain risks and uncertainties, including without limitation statements relating to the Company's manufacturing and potential listing on Nasdaq. The Company's products may not be ready for mass production in the near future. Because Nasdaq accepts or rejects listing applications based on complex criteria there are no assurances regarding the acceptance or timing of any listing. These and other significant risks are discussed in more detail in the company's Registration Statement on Form S-3, as filed with the Securities and Exchange Commission on November 18, 1999. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. -------------------------------------------------------------------------------- Contact: SpatiaLight, Inc. Sandi Harrison, 415/883-1693 Email: sandi.harrison@spatialight.com or Simon/McGarry Public Relations John Jordan, 650/596-5874 Email: jjordan@shandwick.com -------------------------------------------------------------------------------- More Quotes and News: Spatialight Inc (OTC BB:HDTV.OB - news) Related News Categories: computer hardware, computers