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Non-Tech : Le coin des francophones -- Ignore unavailable to you. Want to Upgrade?

To: AriKirA who wrote (12591)	2/14/2000 8:04:00 AM
From: daniel_y	Read Replies (1) \| Respond to of 77509

XPG, si vous n'avez pas vu la news ! Subject: Stockwatch: Explogas Ltd - News Release Date: Mon, 14 Feb 2000 04:01:15 -0800 From: newsout@stockwatch.com To: daniel.dupuis@cgocable.ca Explogas to acquire MD Multimedia Explogas Ltd XPG Shares issued 25,747,972 Feb 9 close $0.29 Mon 14 Feb 2000 News Release Mr. Jean-Guy Lambert reports Explogas has signed a letter of intent with MD Multimedia Inc. MD has developed an INTERNET/CD-ROM to case the information and the training for doctors in their daily practice. The software is Internet-based (Web centric) technology with browsers and uses the CD-ROM as support. "We obtain the best of both worlds, the speed of the CD-ROM and the communication capabilities of Internet. In addition, it allows doctors to adapt easily to the technological evolution and provides them with a valuable and efficient tool to better service their clients", says Dr. Denis Laflamme, president of MD. Over $300-million is spent in Canada annually for the marketing of pharmaceutical products. A significant portion is wasted on trade publications and journals aften neglected by physicians. Today, the pharmaceutical companies are looking for different methods and means for promoting their products to doctors and the MD CD/ROM offers a simple and very effective interactive medium. Furthermore, this medium enables the physician to better manage the enormous flow of information. The CD/ROM, updated every six months, will be distributed initially for free to the 57,000 Canadian doctors as a promotional incentive. MD believes that the pharmaceuticals and other target industries will find physicians as a very desirable network to market advertise and promote products to. Notwithstanding the potential banner advertising, the corporation believes that e-commerce will become a very important source of revenue. Explogas will ask its shareholders to approve the consolidation of its capital on the basis of 1-for-6, and to approve the acquisition of MD at the coming annual shareholder meeting to be held sometime in April. Explogas will purchase from the shareholders of MD, 100-per-cent of the issued and paid up capital of MD by the issuance of 1.6 millionqq shares of XPG payable at closing, subject, however, to the usual "Director, shareholders and regulatory approvals" and by the issuance of five million shares -- "performance shares" of XPG to be issued based upon the following performance criteria: one share of XPG for each $4.00 of gross revenue generated by MD. Performance shares shall be issued based on gross revenue every six months as reported in the financial statements of MD. Performance shares may be earned on a cumulative basis over a period ending no later than fiscal year Sept. 30, 2003. (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com Daniel Y.