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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: LANCE B who wrote (31280)	2/28/2000 2:02:00 PM
From: myturn	Read Replies (1) \| Respond to of 150070

ITEC, ISLAND has been attempting to short it for the past week. Institutions have been buying huge blocks in it all week long and it looks like ISLAND is about to be toasted. I told you guys about this last week. They buying pressure is way too,too strong today. Check out today's news! Monday February 28, 6:00 am Eastern Time Company Press Release ITEC Positions Its Embedded Controller Technology to Address the Growing Internet Appliance Marketplace SAN DIEGO--(BUSINESS WIRE)--Feb. 28, 2000--Imaging Technologies Corporation (ITEC: NASDAQ), a pioneer in the development of embedded digital imaging and controller solutions, today announced that it will expand its Controller Technology focus beyond its traditional ``Printer only strategy' and begin targeting other internet appliances. ITEC is a recognized leader in this technology and has a long history of controller development for the printer, the first appliance to move from the PC onto the Internet. Printers today are communicating over the Internet events such as being out of toner. This creates a seamless series of events that automatically triggers the Printer to contact a preset Web Site, such as www.DealSeekers.com, that will be selling Toner. With no user intervention, an order for Toner or other consumable replacement is then placed to the site and instructions for which device to install the replacement into accompany the delivery. ITEC is working with and or targeting OEM's of other new devices that may require Embedded Controllers such as digital copiers, digital duplicators, building controls, industrial controls and medical equipment manufacturers. This new wave of devices will operate automatically without human intervention and require technology for embedded controllers. ``ITEC will continue to expand its presence in Printer OEM segment but will leverage its expertise in controller technology to address these new markets,' said Brian Bonar, CEO, ``This is a trend that is gaining momentum as customers demand more seamless integration from there devices.' About Imaging Technologies Corporation: Imaging Technologies Corporation (NASDAQ: ITEC - news) is a worldwide pioneer in the development, manufacturing, licensing and distribution of high-quality digital imaging solutions. Founded in 1982 and headquartered in San Diego, California, the company produces imaging products for diverse market segments. Beginning with a core technology in the design and development of Adobe© PostScript© controllers for non-impact printers and multifunction peripherals, the company has expanded its product offerings to include monochrome and color printers, printer controllers, external print servers, and software to improve the accuracy of color reproduction. Information on the company is available at the ITEC Web site at www.itec.net Forward-Looking Statements Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release. Contact: Imaging Technologies Corporation Richard Stabile, 858/613-1300 Rstabile@itec.net