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Microcap & Penny Stocks : UPGD 'Smart Card' potential $2.4 Billion World Wide -- Ignore unavailable to you. Want to Upgrade?


To: Mr Metals who wrote (35)1/28/1999 12:25:00 AM
From: Intrepid1  Respond to of 203
 
Just pulled this UPGD Press Release off Business Wire....



BW0443 JAN 27,1999 20:58 PACIFIC 23:58 EASTERN

( BW)(WA-UPGRADE-INTL-CORP)(UPGD) Upgrade
Announces Agreement to List Shares on the Frankfurt
Stock Exchange

    Business Editors

    BLAINE, Wash.--(BUSINESS WIRE)--Jan. 27, 1999--Upgrade
International Corp. (OTC BB:UPGD) is pleased to announce that it has
signed an agreement with Kling, Jelko, Dr. Dehmel Wertpapierdienstleistungs
AG to obtain a listing of its shares in the Third Segment (Freiverkehr) of the
Frankfurt Stock Exchange, in Frankfurt Germany.
    Bland, president of Upgrade International Corp., said "in light of the
significant interest amongst European investors in our company, the listing in
Frankfurt will facilitate the trading of the company's shares in the European
marketplace. Moreover, with Kling, Jelko, Dr. Dehmel AG acting as sponsors
for the listing, we are confident that news, research and information to
shareholders will facilitate greater contact with our European investors on a
daily basis".
    Kling, Jelko, Dr. Dehmel Wertpapierdienstleistungs AG offers brokerage
services of securities traded on the Frankfurt Stock Exchange. The company
brokers in all German traded shares and options and represents various
international companies as a broker of securities on the Frankfurt Stock
Exchange. Kling, Jelko, Dr. Dehmel AG also provides assistance with
mergers and acquisitions.
    Upgrade International Corp., through its shareholding interest in UltraCard
Inc., is engaged in the development and commercialization of a patented,
revolutionary data storage technology. UltraCard applies conventional hard
drive storage technology onto the surface of the standard credit card. The
company has successfully demonstrated the ability to store up to 5mb (five
million bytes) of data on a standard credit card. This provides a dramatic
increase in storage capacity compared to the existing industry standards.
Presently, magnetic stripe and integrated circuit chip (smart card) technology
respectively have 256 bytes and 2k (two thousand bytes) of data storage
capacity. Additionally, Upgrade is engaged in the acquisition and development
of related software applications which will provide for synergistic distribution
channels for the UltraCard technology while also providing a diversified asset
base.

On behalf of the Board of Directors Malcolm P. Burke, Director

--30--KS/se*

CONTACT: Upgrade International Corp.
Byron Coulthard, 360/332-2508

KEYWORD: WASHINGTON
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED

etc.