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Technology Stocks : RomTech (Nasdaq: ROMT) -- Ignore unavailable to you. Want to Upgrade?


To: Jason Flora who wrote (251)8/18/1998 12:17:00 PM
From: Jason Flora  Read Replies (1) | Respond to of 427
 
RomTech, Inc. Acquires U.K. Distributor

PR Newswire - August 18, 1998 11:51

LANGHORNE, Pa., Aug. 18 /PRNewswire/ -- RomTech, Inc. (Nasdaq: ROMT) today announced it has acquired Software Partners Publishing and Distribution Limited, a U.K. distributor of personal computer software for consumer entertainment and small office/home office applications. RomTech believes that the acquisition will allow RomTech to expand its product offerings in the U.K. while providing an established base for the company to distribute its products in the leading European markets.

Under the terms of the acquisition agreement, the shareholders of Software Partners sold all of the outstanding shares of Software Partners to RomTech, and RomTech issued 150,000 shares of Common Stock as consideration for the Software Partners' shares. RomTech intends to account for the transaction as a purchase.

Based in Cambridgeshire, England, Software Partners has been selling RomTech products for over a year and already RomTech's Galaxy Series titles are among the top sellers in several major UK retail chains, including Games Ltd., Electronic Boutique and PC World. Paul Ward will continue as Managing Director of Software Partners and will report to Patrick Alexander, Director of International Sales for RomTech.

RomTech, headquartered in Langhorne, PA develops, publishes, markets and sells a diversified line of personal computer software primarily for consumer entertainment and business applications. RomTech promotes the Galaxy of Games(TM), Galaxy of Home Office Help(TM) and Game Master(TM) brand names (the "Galaxy Series") in order to generate customer loyalty, encourage repeat purchases and differentiate the Galaxy Software products to retailers and consumers. RomTech
targets the market of home and small business personal computer users. In North America RomTech's sales are primarily made through a large national distributor that sells to large national retail chain stores, and on the Internet at www.romt.com or www.mbyte.com.

This press release contains certain forward-looking statements, including without limitation, statements regarding the expansion of RomTech's product offerings in the U.K. The actual results achieved by RomTech, and the factors that could cause actual results to differ materially from those indicated by the forward-looking statements, are in many ways beyond RomTech's control. RomTech cautions readers that the following important factors, among others, could affect RomTech's actual results in the U.K. or European markets to vary materially from expected results: the success of the Galaxy branding strategy and sales of Galaxy Series titles in the U.K. and European markets; the allocation of adequate shelf space for RomTech's products in
major retail chain stores; successful sell-through results for RomTech's products at retail stores; the continued success of the
relationship of RomTech with its North American distributor; the continued expansion of the computer in homes in North
America and England; the ability to deliver products in response to orders within a commercially acceptable time frame;
downward pricing pressure; the acceptance by the market of the Game Master and other Galaxy products; the costs of
developing, producing and marketing such products; access to distribution channels; consumers' continuing demand for
value-priced software; competition; and various other factors, many of which are beyond the Company's control.

SOURCE RomTech, Inc.

/CONTACT: Gerald W. Klein of RomTech, 215-750-6606, ext. 118/

/Company News On-Call: prnewswire.com or fax, 800-758-5804,
ext. 127319/

/Web site: mbyte.com

/Web site: romt.com



To: Jason Flora who wrote (251)8/26/1998 12:57:00 AM
From: MENSO  Respond to of 427
 
good evening, dave...

my sensors are reporting additional insider activity not yet reflected on yahoo's page (http://biz.yahoo.com/t/r/romt.html). either these guys are all mad, have a vested interest in propping up the share price while the vc continues to dump, or know something we don't about romtech's prospects. you are encouraged to draw your own conclusion...

WASHINGTON, DC, Aug. 25, 1998 (States via COMTEX) -- William C. Acheson of Moorestown, NJ, a Vice President of Marketing of RomTech, Inc. (SYMBOL: ROMT), accumulated 4,000 shares in 2 transactions for between $1.47 - $1.50 each on July 20, 199 8. William C. Acheson currently owns 57,400 shares. A Form 4 reporting the transaction was filed with the Securities and Exchange Commission on August 11, 1998.

WASHINGTON, DC, Aug. 25, 1998 (States via COMTEX) -- Thomas D. Parente of Mt. Laurel, NJ, a Director of RomTech, Inc. (SYMBOL: ROMT), accumulated 12,000 shares in 4 transactions for between $1.47 - $1.53 each on July 21, 1998. Thomas D. Parent e currently owns 22,000 shares. A Form 4 reporting the transaction was filed with the Securities and Exchange Commission on August 11, 1998.

Copyright States News Service



To: Jason Flora who wrote (251)8/29/1998 7:13:00 PM
From: FRANK J CATALANO  Read Replies (2) | Respond to of 427
 
JASON
ROMT- WITH MORE INSIDER BUYING LETS HOPE THATS A SIGN OF A
GOOD FIRST QUARTER FOR FISCAL 1999 ( SEPT 1998 ) AND THAT ALL
GOES WELL. WE STILL HAVE FOUR WEEKS TO GO BEFORE THE QUARTER
ENDS AND UNLESS THE COMPANY PUTS OUT SOME NEWS BEFORE HAND
WE WILL NOT SEE EARNINGS UNTIL AT LEAST 7-8 WEEKS FROM NOW.
GOOD LUCK CAT