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Technology Stocks : SFLK -- Ignore unavailable to you. Want to Upgrade?


To: Rose Rose who wrote (233)1/29/1999 10:16:00 AM
From: Tomato Man  Respond to of 1591
 
Friday January 29, 9:30 am Eastern Time

Company Press Release

Accelerated Adoption of Audio
Compression Technology for Multimedia
Databases Prompts Softlink to Increase Its
1999 Sales Projections

SANTA CLARA, Calif.--(BUSINESS WIRE)--Jan. 29, 1999--Softlink, Inc. (OTC BB:SFLK - news): Softlink
President and Co-Founder, Johnson Lee anticipates revising the Company's 1999 sales and financial
projections upward next week, citing the recently announced inclusion of Softlink's proprietary audio
compression technology into the leading-edge multimedia databases created by Japan's NIC, Ltd. as another
contributing factor.

Softlink's Lee says of the licensing of Softlink's audio compression technology to NIC: ''This is the kind of
pleasant surprise that all technology development companies want, the kind that establishes your technology
on the ground floor of an emerging industry -- in this case, the multimedia database industry.''

This recent development is not viewed by Softlink, Inc. as a departure from the Company's primary focus on
E-mail and Internet communication. Providing uniquely beneficial compression technology for multimedia
Internet communication has been and shall remain the Company's primary focus. This NIC partnership is a
simple extension of this focus into applications for corporate communications and corporate IT environments.

NIC Ltd., Softlink's partner in this multimedia database project, was founded in 1968 and is a well-established
software developer in Japan. NIC Ltd. provides multimedia database services to Honda Motor Corp.
(NYSE:HMC - news), Sumitomo Construction Corp., Tokyo University, Minolta Digital Studio, and two of the
largest construction companies in Japan: Shimizu and Kashima Corps. NIC also has well-established
partnerships with Mediakite and Computerwave, as well as with Japan's largest software distributor, Softbank,
and with two of Japan's top three publishers, Kodansha and Shougakukan Corp.

Further information about NIC is available at: www.nic-j.com. For more information about Softlink, and the
range of products and services that the Company offers, visit the Softlink web site at sonk.com,
request further information via Email at info@sonk.com, or contact Terry Ritchie at International Buying Power
at 561/482-0004.

Certain matters discussed within this press release may be forward looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. Such statements are inherently uncertain, and actual
results and activities may differ materially from those estimated or projected. Although the company believes
that the expectations reflected in any forward looking statements are based upon reasonable assumptions, it
can give no assurances that its expectations will be attained. The Company has no obligation to update the
statements contained in this report or to take action that is described herein or otherwise presently planned.

Contact:

International Buying Power
Terry Ritchie, 561/482-0004



To: Rose Rose who wrote (233)1/29/1999 10:20:00 AM
From: Andrew H  Read Replies (1) | Respond to of 1591
 
Yep, nothing like a low float Internet stock with excellent prospects. When I get some time later I will post on a few of the Internet stock boards about this. I think that a relatively few on SI know about this.

Lots of buying plus a low float makes for a lot of upward pressure.