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Technology Stocks : Totally Hip Software, What is in store for it? -- Ignore unavailable to you. Want to Upgrade?


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