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.

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

To: Eric Weiner who wrote (307)	7/20/1998 1:52:00 PM
From: Ross	Respond to of 756

TOTALLY HIP SETS PRICING FOR EMPLOYEE STOCK OPTIONS VANCOUVER, July 20 /CNW/ - Totally Hip Software Inc. Trading Symbol: THW: ASE Totally Hip Software Inc. (THW: ASE) today announced as a matter of record that the Company has applied to The Alberta Stock Exchange to reserve pricing on 265,000 employee stock options for common shares in the capital of the Company at $0.90 per share. This request is subject to regulatory approval. The Management and Co-founders of the Company will not receive any of these stock option allocations. These options are being set as an incentive for Totally Hip employees who are responsible for the successful development, marketing and sales of the Company's products. These options will be vested over time based on the performance of each employee and the Company. Totally Hip Software Inc., founded in 1995, designs, develops and markets multimedia software and technology including WebPainter(TM) animation software and Totally Hip's Hip Clips(TM) professional animation content. The Company is traded on the Alberta Stock Exchange (ASE:THW). (c) 1998 Totally Hip Software Inc. All rights reserved. Communication in Motion 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.224, info@totallyhip.com, http:/www.totallyhip.com