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Technology Stocks : Satyam Infoway Ltd-(Nasdaq:SIFY) -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (820)2/22/2000 9:22:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 1471
 
**OT** Silverline Technologies To File For ADS Offering

Wednesday, February 23 8:23 AM SGT

PISCATAWAY, N.J. (Dow Jones)--Silverline Technologies Ltd. plans to publicly offer American Depository Shares and will begin the process before April.

In a press release Tuesday, the company said proceeds of the offering will be used for sales and marketing efforts and general corporate purposes.

Silverline, with operations in both India and the U.S., provides information technology services.

-Terrence L. Wade; Dow Jones Newswires; 201-938-5400