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To: Ed Pakstas who wrote (581)1/31/1998 8:33:00 PM
From: Sam  Read Replies (1) | Respond to of 783
 
EDD --------
IMAGE POWER (IPZ:VSE $0.25)

We were hoping to have a more comprehensive review of Image Power out by
now but unfortunately have not had time yet (sometime this week). However,
the company spent the past week at Microsoft's web developers conference &
trade show in California which was attended by several thousand leading
developers and corporations. It is our understanding that some serious
interest was shown in the company's technology from some very large
corporations. We are hoping that sometime this week we will see a news
release from them reviewing the progress they made at the show.

Keep in mind that this company is a developer of leading edge technology in
the image compression field. At a recent global competition in Australia,
the technology was in the top 10 (of 30 +) presented and beat out
competitors from multinational corporations worth Billions. A world
industry standard is currently being developed (IPZ sits on the board) and
Image Power's technology has an excellent chance of leading the pack. The
future applications are enormous with potential not only on the internet
but in wireless faxing and paging, medical imaging, scanners, PCS digital
phones, and digital photography, and wireless computer networks.
_______________________________________________________ FYI-----SAM____



To: Ed Pakstas who wrote (581)2/1/1998 2:35:00 PM
From: AGORA  Read Replies (2) | Respond to of 783
 
Good morning, Ed. You asked us to update you on KCI, which placed 4th on this week's tracker. Please find enclosed a brief summary.

------------------------------------
Good afternoon to you all. The following press release was announced by King Communications on January 23 of last week:

-------------------------------------
$1 Million Increase In Bank Financing

The National Australia Bank Limited has increased its financing facility to King by A$1 million from A$1.75 million to A$2.75 million. Based on King's excellent history with the bank, current operating results and prospects, particularly in the mobile data and APCO industries, King will be charged at a preferential bank interest rate.

"Signed"

Frank Eccles, Managing Director

King Communications International Limited
--------------------------------------

At the time, we did not broadcast the release in light of our upcoming meeting with KCI in Vancouver. We would now like to file the following report.

In our opinion, after having spoken to KCI principals in Vancouver, the most important excerpt from the press release is:

"current operating results and prospects, particularly in the mobile data and APCO industries".

In essence the bank has increased it's line of credit to KCI by 36% based on improving operations. Though we have not seen the numbers, one can very reasonably assume the bank has seen the numbers and they have provided the basis for extending further credit to KCI. Ergo, KCI must be sustaining the steady growth we have been witnessing since last year.

AGORA is awaiting confirmation of these facts through release of KCI sales figures, expected sometime this week, as well as 2nd quarter results which are expected shortly. Based on their latest press release, we are anticipating positive results.

Regards,
Agora Internet Relations Corp.

p.s. combined with our RPP pick, looks like we were lucky enough to get 2 of your top 7 for the week.