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Microcap & Penny Stocks : ANTs SOFTWARE.COM (ANTS) -- Ignore unavailable to you. Want to Upgrade?


To: Crandell Addington who wrote (234)3/1/2000 8:11:00 AM
From: VivB  Respond to of 607
 
ANTs software.com Awarded Summary Judgment in the 'Mosiac Case'
biz.yahoo.com

Wednesday March 1, 3:01 am Eastern Time
Company Press Release
ANTs software.com Awarded Summary Judgment in the 'Mosiac Case'
Result Adds Further Support for ANTs' Malicious Prosecution Suit Against Plaintiff
BURLINGAME, Calif.--(BUSINESS WIRE)--March 1, 2000--ANTs software.com, (OTCBB:ANTS - news; www.antssoftware.com) a developer of advanced technologies to speed up computer processing today announced that a summary judgment in favor of the Company had been rendered in the case of Lauffs versus Mosiac Multisoft Corporation (``Mosiac') et al., in which the Company was a defendant.

Frederick D. Pettit, ANTs Chief Executive Officer said, ``As indicated in our earlier press release of January 24, 2000, we anticipated this total victory from the moment this second suit was brought. We had already initiated a malicious prosecution suit against plaintiff on September 17, 1999 as a result of an earlier suit brought on exactly the same grounds and also resulting in a dismissal in our favor.'

``These suits were groundless from the outset, involving ANTs in significant use of time and money, and creating the basis for a host of unfounded rumors which never should have arisen because neither suit should ever have been brought. We intend to seek financial redress through the courts for this malicious prosecution.'

The San Diego County Superior Court had heard oral argument on the motion of the Company and others for summary judgment on February 4, 2000, and issued its formal order on February 29, 2000. In the case, a former creditor of the Company's licensee, Mosiac, claimed that the Company was responsible for a January 1995 decision of Mosiac's board of directors to terminate the employment of Mosiac's president.

The Court held that the plaintiff was attempting to violate ``an elementary principle of law that a court has no power or right to intermeddle with internal affairs of a corporation in the absence of fraudulent conduct on the part of those who have been lawfully entrusted with the management and conduct of its affairs' and ruled that the case is ``barred in its entirety by the Business Judgment Rule.'

As a result of this disposition, the Company will seek leave to expand its complaint in its pending lawsuit against the plaintiff for malicious prosecution of the prior action involving the very same issues, which the Court previously dismissed in December 1998.

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the ``Act'). In particular, when used in the preceding discussion, the words ``plan', confident that``, 'believe``, 'expect``, 'intend to``, and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings,and other risks.

--------------------------------------------------------------------------------
Contact:

ANTs software.com
Leigh Salvo, 510/693-5238 (Investor Relations)
leigh@fullcirclesolutions.com



To: Crandell Addington who wrote (234)3/2/2000 9:26:00 AM
From: StockDung  Respond to of 607
 
Canned insects serve as protein source for the poor

.c Kyodo News Service


BANGKOK, Feb. 23 (Kyodo) - Grasshoppers, crickets and stink bugs are among the insects that some Thai people have traditionally caught in fields as substitute protein sources for meat.

Now they can find them in cans.

Teachers and students at Rajamangala Institute of Technology in Thailand's northeastern province of Sakon Nakorn have launched the country's first-ever canned insect project, choosing grasshoppers, crickets, mole crickets, red ant eggs, silkworms and stink bugs as the six types of 'insect food' to be canned.

They are first fried and then sprinkled with salt and pepper to enhance the taste.

'Bugs are a seasonal food,' said Ratana Koomklang, a lecturer at the institute who started the project over a year ago.

Noting that most Thais who enjoy them are from the northeastern provinces, she said, 'We want to enable people to eat them wherever they may be in the country.'

'Northeasterners who have left their homes to work in Bangkok or elsewhere are craving for bugs,' she said.

The canned insects, however, are not available in supermarkets.

The institute so far has no ambition to make the innovation into a big commercial business, but rather wants to provide a protein source for the poor.

Stink bugs, otherwise known as water beetles, are the most protein-rich of the six, containing 21 grams of protein per 100 grams of insect, along with the highest amounts of vitamins B1, B2 and Niacin.

But crickets, with only 12.9 grams of protein, have over twice the amount of calcium as stink bugs and over 15 times as many carbohydrates, according to the institute.

'I love the canned mole cricket. It's just yummy,' said Supaporn Chairat, 29, who has already tasted all six bugs.

'Stink bugs are actually not bad. They are crispy but stink just like the name,' she said.

The 50-gram cans are priced at 30 baht ($0.81), a relatively affordable price for local people.

Ratana said there has been a good response to the launch of the product. She said a number of people have placed orders with the institute via mail but may have to wait for weeks or months, depending on the product's availability.

The institute produced only about 1,000 cans last year since it aims not to harm the bugs' natural cycles. Villagers, who use large fluorescent lights to attract the bugs, are also told not to use chemicals to catch them.

AP-NY-02-23-00 0435EST



To: Crandell Addington who wrote (234)3/4/2000 1:02:00 PM
From: Savant  Respond to of 607
 
RT..now just doesn't this make you want to weep..
..for joy??
msnbc.com