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.

Strategies & Market Trends : Wayne Rumball's tax write offs -- Ignore unavailable to you. Want to Upgrade?

To: Wayne Rumball who wrote (163)	7/6/1998 4:09:00 PM
From: Wayne Rumball	Respond to of 205

THW;ASE VANCOUVER, Feb. 26 /CNW-PRN/ - Totally Hip Software Trading Symbol: THW: ASE Totally Hip Software (THW: ASE) premier provider of award-winning multimedia software and animated web content today announces earnings of $0.13 per share for the first quarter ending December 31, 1997. The Company requests that all interested parties contact the Company to receive a complete copy of the first quarter report. The Company also announces the elimination of over 1,199,225 fully diluted shares through the cancellation of 530,000 management and employee stock options and the expiration of 669,225 share purchase warrants. The fully diluted share base is now 14,148,023. The Company has opened an office in the Silicon Valley of California to better service the growing US market for its award-winning products. Also, to better service the demand from the educational market, Totally Hip Software has created an Academic division within distribution and sales. ''These events continue to demonstrate our efforts to create fundamental value for Totally Hip Software's shareholders,'' stated Randall McCallum, CEO of Totally Hip Software Inc. ''Our marketing team now has the financial resources to accelerate sales of the Company's products. Through 1998 we will continue to increase our distribution channels and release new products to service the demand for easy-to-use Web solutions.'' Totally Hip Software Inc. - www.totallyhip.com Totally Hip Software Inc.: Founded in 1995, Totally Hip Software (ASE: THW) designs, develops and markets multimedia software and technology including the Sizzler(TM) multimedia player, WebPainter(TM) Web animation and graphics software, CastPainter(TM) animation/graphics editor for use with Macromedia Director(TM) and Totally Hip's Hip Clips(TM) professional animation content. (c) 1997 Totally Hip Software Inc. All rights reserved. THE ALBERTA STOCK EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THE CONTENTS OF THIS PRESS RELEASE. SOURCE: Totally Hip Software Inc. -0- 02/26/98