To: Eric Weiner who wrote (114 ) 5/25/1998 1:35:00 PM From: Stang Respond to of 756
TOTALLY HIP SOFTWARE SHAREHOLDER UPDATE VANCOUVER, May 25 /CNW/ - Totally Hip Software (THW: ASE) premier provider of award-winning multimedia software and Web content has been asked by The Alberta Stock Exchange (the ''ASE'') for an update on the Company to its shareholders. The common shares of the Company were halted this morning pending this update and will resume trading upon the dissemination of this news. Over the last three years Totally Hip Software has continued to focus on the business of developing and marketing its popular Internet multimedia products. New Macintosh and Windows Web design products based on Apple's new QuickTime 3.0 technology were recently demonstrated at Apple's Worldwide Developers Conference and to a number of new distribution channels. This, accompanied with several extremely positive and detailed news articles regarding these products has generated heightened interest in the Company. This positive exposure has triggered an increase in interest in the Company's securities, which trade on the ASE under the symbol THW. A detailed seven-page article featuring one of these new products was published by MacCentral Online Magazine (http://www.Maccentral.com) over the weekend and has been mirrored on Internet sites throughout North America. MacWeek magazine has also followed with their own news article and this press activity has most likely contributed to this morning's trading activity. ''Internet based Company's are attracting increased attention and we are very pleased with the positive exposure the Company has received as a result of the MacCentral and other related news articles. The Company will make all official product announcements and other Company news available according to our product introduction schedule,'' says Randall H. McCallum, Chairman and CEO of Totally Hip Software Inc., ''The increase in exposure of our award- winning products will most certainly have a positive net-effect on the Company's marketing efforts in the US market. This increased exposure is also very positive for all of our long-term shareholders who have taken the time to recognize the Company's focus on building shareholder value.'' Totally Hip Software Inc. - www.totallyhip.com Founded in 1995, Totally Hip Software (ASE: THW) designs, develops and markets multimedia software and technology including WebPainter(TM) and Totally Hip's Hip Clips(TM) professional animation content. (c) 1998 Totally Hip Software Inc. All rights reserved. THE ALBERTA STOCK EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THE CONTENTS OF THIS PRESS RELEASE. -30- For further information: Corporate Communications (604) 685-6525 ext. 24, info@totallyhip.com, totallyhip.com newswire.ca Stang