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

To: Gator who wrote (3210)	7/28/1998 2:26:00 PM
From: Henry	Read Replies (1) \| Respond to of 6076

News just out.. Looks great. Stock shouldn't have a problem passing $1.00 this year, and possibly testing old highs ($1.94)... SIDEWARE SYSTEMS INC. SETS UP U.S. OPERATIONS IN WASHINGTON, D.C. AREA Innovative Provider of e-business, e-commerce Applications Sets Up Shop In Booming U.S. Technology Corridor FOR IMMEDIATE RELEASE - JULY 28, 1998 Vancouver, B.C. - Sideware Systems Inc. (VSE symbol: SYD) announces it has set up a wholly owned U.S. subsidiary, Sideware Corporation, to manage all U.S. operations with headquarters in the Washington D.C. area. Sideware offers a family of unique groupware messaging solutions for personal, Intranet and business-to-business applications. With a DC-based presence, the company plans to aggressively increase business development and strategic partnerships. The company is actively assembling an experienced high-level management team to head up this pivotal expansion and plans to make an announcement on its U.S. Operations President shortly. "By choosing metro-Washington as the site of our U.S. headquarters, Sideware expects to increase revenues as a result of the access to over $100 billion in IT [information technology] expenditures from area businesses and government. As a growing Internet company, securing a foothold in this locale allows us, on a daily basis, to significantly increase our business activity with our customers and partners," comments Owen Jones, CEO, Sideware. "Given our BESTeam Partner status providing e-Commerce and e-Business solutions, our U.S. expansion advances our relationship with IBM -- and certainly is an exciting growth opportunity for Sideware." The Greater Washington Region is a major centre for Internet and technology companies, with over 2,200 hi-tech companies operating in Northern Virginia's Fairfax County. The area is becoming the largest technology corridor in the world with companies like AOL, IBM, SAIC and MCI all being represented with regional headquarters. The market has an abundance of highly educated and skilled information technology specialists and Sideware Corporation plans to capitalize on this pool of experienced resources to build a team of professionals that can further promote Sideware's innovative product line. Sideware Systems offers a family of products that use its patented concurrent technology. Net Notions„, the company's flagship product, is a unique groupware messaging system that makes the sharing of ideas more personal. Tagalongs„ is an easy-to use personal annotation product that lets users peel off an electronic note, write or record sound on it, and link it to the action being performed. Dr. Bean„, being written in JAVA, offers suppliers and customers the ability to communicate and navigate interactively via real-time messages associated with electronic business Web pages. Hot Notions„ is a free groupware messaging service that offers a unique and exciting means of travelling the Internet.