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Gold/Mining/Energy : Sideware Systems - SYD.u/V, SDWSF -- Ignore unavailable to you. Want to Upgrade?


To: Doug Heuring who wrote (3172)7/6/1998 9:19:00 PM
From: Ross  Read Replies (1) | Respond to of 6076
 
SIDEWARE SYSTEMS INC. ANNOUNCES STOCK OPTIONS

FOR IMMEDIATE RELEASE - JULY 6, 1998

Vancouver, B.C. - Sideware Systems Inc. (symbol: SYD on the VSE) announces it has granted stock options to purchase 555,000 common shares to its directors, officers and employees. The stock options are exercisable at a price of $0.36 per share, priced in accordance with the policies of the Vancouver Stock Exchange, for a term of five years from July 6, 1998. The granting of options is subject to regulatory acceptance.

ON BEHALF OF THE BOARD

SIDEWARE SYSTEMS INC.

Owen Jones
President

Investors are encouraged to direct shareholder questions and/or join an on-line discussion regarding Sideware System's performance at
www.techwestmgmt.com. Through this forum offered by TechWest Management Inc., anyone can register as a member and participate directly in web-based conversations with a Sideware Investor Relations Representative. Sideware Systems Inc., develops and markets software that exploits its patented concurrent technology. Sideware Systems Inc. is a publicly traded company on the Vancouver Stock Exchange trading under the symbol: SYD . For further information on Sideware's products or services, please visit the following web sites: www.sideware.com or www.hotnotions.com.

INVESTOR CONTACT: Jennifer Burke at jennifer@sideware.com 604-986-6121
ext.249
MEDIA CONTACT: Stacy Imyak at 76756.3477@compuserve.com, 847-291-1616
ext.224
THE VANCOUVER STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for forward-looking statements. Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by Sideware Systems Inc.) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the high technology industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of Sideware Systems Inc. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financial activities, domestic and global economic conditions, changes in federal or state income tax laws, and market competition factors.