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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Michael L. Bland who wrote (22054)4/12/2000 9:47:00 AM
From: Joe Copia  Read Replies (1) | Respond to of 25711
 
LUMM great news:

Wednesday April 12, 9:13 am Eastern Time

Company Press Release

Lumenon: Nasdaq National Market Listing Approved

ST-LAURENT, QUEBEC--(BUSINESS WIRE)--April 12, 2000--Lumenon Innovative Lightwave Technology, Inc. (OTCBB:LUMM - news) is pleased to announce that its application to list its Common Stock on the Nasdaq National Market has been approved.

Trading of the Common Stock of Lumenon on the Nasdaq National Market is expected to begin on April 13, 2000. The ticker symbol will remain LUMM.

``This is another significant milestone that we have met from our business plan', said Mr. Vincent Belanger, Chief Financial Officer. ``Other significant events such as the construction of our new manufacturing plant in Ville St-Laurent as well as the building of the full team are well under way and are taking us closer to our goal of volume manufacturing of photonic chips in 2001', he added.

Lumenon designs, develops and builds integrated optics devices in the form of compact hybrid glass circuits on silicon chips. Lumenon's shares are currently listed under the symbol LUMM (OTC BB); the trading of Lumenon stock on the Nasdaq National Market is expected to begin on April 13,
2000. For more information on Lumenon contact: Stephen Litwin, Investor Relations, Tel. 514-331-3738, Fax: 514-331-1272. More information on Lumenon is available at
www.lumenon.com.

This press release contains certain ``forward-looking' statements, as defined in the United States
Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties.
There can be no assurance that such statements will prove to be accurate and the actual results and
future events could differ materially from management's current expectations. Such factors are
detailed from time to time in the Company's filings with the regulatory authorities having jurisdiction.

No regulatory authority has approved nor disapproved the content of this release.

Contact:

Lumenon Innovative Lightwave Technology, Inc.
Stephen Litwin, 514/331-3738
514/331-1272 (FAX)
www.lumenon.com