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Technology Stocks : WordCruncher Internet Technologies, Inc. (WCTI) -- Ignore unavailable to you. Want to Upgrade?


To: RikRichter who wrote (361)12/16/1998 11:42:00 PM
From: caly  Read Replies (1) | Respond to of 488
 
I don't think there was an IPO in July. I think this is how they came to trade as WCTI over the summer...

July 24, 1998

WordCruncher Internet Technologies, Inc. Completes Reverse Merger with Dunamis, Inc.

ALPINE, Utah -- (BUSINESS WIRE) -- July 24,1998 -- WordCruncher Internet Technologies, Inc.'s ("WordCruncher Internet") President and CEO, M. Daniel Lunt announced today that WordCruncher Internet has completed a reverse merger with Dunamis, Inc., a Nevada corporation.

WordCruncher Internet was formed to take the lead in providing technology to search the Internet, Intranets or Extranets. Although WordCruncher Internet is a relatively new company, the core technology, WordCruncher® has been used by demanding researchers, in more than thirty countries, for over a decade.

Even though searching is the number one activity on the Internet; user dissatisfaction with the current crop of search tools is well documented. WordCruncher Internet addresses this need by introducing a 'new generation' of search technology which makes searching easier, faster and more accurate: it saves time and money by showing search results 'in context' using a proprietary 'Search WYSIWYG' display, and it works with any language.

"We feel that WordCruncher® represents a real leap forward in search metaphors, research tools and in multi-lingual searching", says Mr. M. Daniel Lunt, President and CEO.

On July 24,1998, WordCruncher Internet Technologies, Inc. will begin trading on the NASDAQ Electronic Bulletin Board under the symbol: "WCTI".