Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Global Intellicom--Symbol GBIT -- Ignore unavailable to you. Want to Upgrade?

To: David E. Meyer who wrote (477)	5/12/1998 12:49:00 PM
From: Turboe	Respond to of 1096

Log Point Anticipates $90 Million in New Revenues MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--May 12, 1998--Log Point Technologies Inc. (OTC BB:LGPT - news) is pleased to announce it has contracted with SEVA Technologies Inc. to assist LGPT in hardware design on efp processor and coprocessor cores. These designs resulting will be licensed as intellectual property to volume markets, including consumer electronics industries. The efp core technologies will be 10-100 times faster than conventional technology of similar cost. The efp cores greatly expands LGPT's product line. LGPT expects to receive revenues in excess of $90 million over the next two years from its efp product lines. As this market grows LGPT revenues could reach in the billions within 10 years. Initial efp cores will be available within 90 days. The relationship with SEVA who works with Hewlett-Packard, IBM, Intel, Motorola and National Semiconductor, helps to bring LGPT another step closer to revolutionizing numerical computation as we know it today. Log Point Technologies Inc. was formed to create a major revolution in commercial numerical computation by applying its breakthrough patented technology at fundamental levels across huge markets of the software and digital electronics industries. The company's Technological developments constitute one of the more important genuine breakthroughs in basic computational technology in more than 50 years. This technology is the fuel that the electronics equipment industry runs on. The company's technology has applications in virtually all aspects of digital electronics chips and equipment, including computers. The company has exclusive rights on comprehensive patents on their technology.