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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: TokyoMex who wrote (693)	7/22/1998 11:07:00 AM
From: Lee Walsh	Respond to of 119973

Take a look at this stock PNDA ---Looks like a large short position of almost 2 million shares. News out today. The Panda Project's Rock City PC Used to Demonstrate Microsoft's New Chromeffects Interactive Media Technology for Windows 98 Demonstrations at SIGGRAPH '98 Computer Graphics Show are "Turning Heads" BOCA RATON, Fla.--(BUSINESS WIRE)--July 22, 1998-- The Panda Project, Inc. (Nasdaq: PNDA - news) today announced that its Rock City(tm) Personal Computer is being used to demonstrate Microsoft's new Chromeffects(tm) interactive media technology for Windows 98 at the SIGGRAPH '98 industry conference this week in Orlando, Florida. The Panda Project custom developed several Rock City PCs with polished-chrome chassis especially for demonstrations of Chromeffects by Microsoft. Chromeffects interactive media technology is an add-on feature to the Microsoft(r) Windows(r) 98 operating system that unlocks a new range of high-performance interactive media content for applications, multimedia titles and Web sites. Through the use of the Chromeffects SDK, Web authors and application developers can leverage the ease and flexibility of HTML to take full advantage of the DirectX(r) API multimedia power of Windows 98. Joachim Kempin, Microsoft's senior vice president of worldwide OEM sales, said, ''We are demonstrating Chromeffects on the Rock City system and its chrome-plated chassis is a real head-turner.'' Stanford W. Crane, Jr., The Panda Project's president and CEO, said, ''The custom systems we developed for Microsoft are another example of how Rock City lets users have fun with their computers and accentuate their enthusiasm for technology.'' The Rock City PC is a stylish alternative to conventional PCs for technology enthusiasts in both the home and business markets. The chassis is an aluminum cube on a distinctive ''on-point'' mounting system that saves desk space. Systems range from sub-$1,000 configurations to high-performance Intel(r) 400MHz Pentium(r) II Processor configurations. The Panda Project maintains its corporate headquarters and conducts its VSPA(tm) semiconductor package and Compass interconnect development activities in Boca Raton, Florida. Rock City was developed with assistance from the Company's Silicon Valley Center for systems development. Rock City products are sold direct, as well as through authorized channel partners and retailers. For sales information, please phone 1-888-ROC-CITY, visit the Rock City website at www.rockcity.net or direct e-mail to rockcitysales@pandaproject.com. All product names mentioned in this release are registered trademarks of their respective owners. Forward-looking statements in this release, including statements about future product introduction and incorporation of VSPA or Compass Technology in Rock City products, are based on information available to the Company as of the date hereof and involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are delays in product development, delays in product acceptance, competitive pressures, general economic conditions, risks of intellectual property litigation, and the risk factors detailed from time to time in the company's periodic reports and registration statements filed with the Securities Exchange Commission. Visit The Panda Project on the World Wide Web at