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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Bryan who wrote (102571)	5/4/2000 9:38:00 AM
From: G3	Respond to of 108040

May 4, 2000 06:02 AM Eastern Time ALAMEDA, Calif., May 4 /PRNewswire/ -- Geoworks Corporation GWRX , a pioneer in mobile data communications services and technologies, today announced that it is aware of an unsolicited tender offer by Growth Capital Corporation to purchase up to 900,000 shares of common stock from stockholders of Geoworks Corporation at $20.00 per share. Geoworks Corporation has had no previous or current relationship with Growth Capital Corporation and was never formally notified by Growth Capital Corporation of the tender offer. Geoworks recommends that stockholders reject the offer. Growth Capital Corporation's notice of offer states that tenders of shares made pursuant to the offer are irrevocable, even if the offer is extended. Accordingly, Growth Capital Corporation could extend the offer for up to an additional 30 days without tendering payment for the Shares. Without withdrawal rights, stockholders may have no ability to liquidate their investment which means that Growth Capital may purchase their shares at $20 per share in the future regardless of Geoworks' then current stock price. Stockholders who have tendered securities in response to the offer are advised to consult with their broker and legal counsel with respect to their rights and obligations.