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Non-Tech : Dawson Science (DWSC) -- Ignore unavailable to you. Want to Upgrade?

To: Racman who wrote (392)	7/2/1998 8:49:00 PM
From: Racman	Read Replies (2) \| Respond to of 397

Thursday July 2, 12:37 pm Eastern Time Company Press Release SOURCE: Dawson Science Corporation Integrated Transportation Network Group Inc. Awaits New Trading Symbol NEW YORK, July 2 /PRNewswire/ -- Integrated Transportation Network Group Inc. (ITN) today announced that it is seeking a trading symbol from Nasdaq for its common stock. ITN's CUISIP designation is #45814H103. ITN reiterates that Dawson Science Corporation (OTC Bulletin Board: DWSC - news), which no longer has any assets and will be dissolved, will no longer effect transfers of shares on its books. As previously announced, Dawson Science Corporation is distributing to its shareholders of record, as of the close of business June 30, 1998, all the outstanding shares of ITN, which was Dawson Science Corporation's wholly-owned subsidiary and only material asset. As a result of these transactions, shareholders of Dawson Science Corporation will become shareholders of ITN which owns the businesses Dawson Science Corporation formerly owned. Dawson Science Corporation has ceased to own any assets. Each holder of record of shares of Dawson Science Corporation common stock is receiving, for each four shares of Dawson Science Corporation common stock, one share of ITN common stock. In lieu of issuing a fractional share to a holder, ITN will pay the holder an amount in cash equal to the product of that fraction and $10.16. On or about July 3, 1998, Dawson Science Corporation expects to mail to shareholders of record, at the close of business on June 30, 1998, a letter of transmittal for such shareholders to use in order to exchange their Dawson Science Corporation stock certificates for ITN stock certificates. Except for historical information contained herein, this document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks and uncertainties that may cause the company's actual results or outcomes to be materially different from those anticipated and discussed herein. Further, the company operates in an industry sector where securities' values may be volatile and may be influenced by regulatory and other factors beyond the company's control. SOURCE: Dawson Science Corporation ------------------------------------------------------------------------ More Quotes and News:Dawson Science Corp (OTC BB:DWSC - news)Related News Categories: banking