To: ---------- who wrote (174 ) 11/11/1998 8:49:00 PM From: 007 Read Replies (1) | Respond to of 1222
To All: New Era of Networks, Inc. Announces Two-For-One Stock Split PR Newswire, Wednesday, November 11, 1998 at 18:52 DENVER, Nov. 11 /PRNewswire/ -- New Era of Networks, Inc.(TM) (NASDAQ:NEON), a leading provider of Enterprise Application Integration (EAI) solutions, announced today its board of directors has approved a two-for-one split of its common stock. The stock split will be effected as a stock dividend. Stockholders of record as of the close of business on November 23, 1998, will be issued a certificate representing one additional share for each share of common stock held on the record date. These certificates will be distributed on December 9, 1998. The stock split will increase the number of shares of common stock outstanding from approximately 12,340,000 shares to approximately 24,680,000 shares. Rick Adam, NEON's chief executive officer, stated that the board of directors authorized the stock split principally to obtain wider distribution and greater liquidity for the common stock. About New Era of Networks New Era of Networks, Inc. (NASDAQ:NEON) is a leader in providing EAI solutions across multiple industry groups. NEON is the leader in providing packaged solutions that successfully integrate legacy applications, client/server and web-based applications, as well as popular ERP applications. NEON Rapport products help clients integrate and coordinate client management and interaction. With its recent acquisition of Century Analysis, Inc. (CAI), NEON has a rapidly growing base of more than 700 customers worldwide. NEON has demonstrated that its products shorten implementation cycles, integrate disparate platforms, and allow information to be shared and managed across the enterprise. The NEON product suite supports EAI across the most popular hardware platforms, operating systems, and database types. NEON offers prepackaged format libraries for many popular applications such as BaaN, IBM Lotus Notes, J.D. Edwards, PeopleSoft, SAP, Siebel Systems, and S.W.I.F.T. (Society for Worldwide Interbank Financial Telecommunication). NEON distribution partners include Cambridge Technology Partners, Compaq/Tandem, Hewlett-Packard, IBM, Logica, NIWS (Japan), PeopleSoft, SunGard, and others. For more information call 800-815-6366 or visit NEON's World Wide Web site atneonsoft.com . SOURCE New Era of Networks, Inc. The beginning of several in my opinion over the next few years. M. Solum