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Microcap & Penny Stocks : THE NEW ISSM!!!! -- Ignore unavailable to you. Want to Upgrade?


To: scott bradley who wrote (249)2/2/1999 4:49:00 PM
From: David Sirk  Respond to of 915
 
LETTER FROM BRIAN HARRIS

Dear David,

Please do not take this the wrong way and I leave it up to you whether you
post these comments on your chat line. The information that was being
worked on which you got access to and then disseminated was not my idea.
Even though the information was marked draft and underconstruction, no-one
called to ask any questions before cutting and pasting and reprinting bits
and pieces. The comments, speculations related, and debate connected seems
to have life and story of its' own from the few I read.

We have been working on the ISSM situation as well as a number of other
important deals for some time. To suddenly have a basket full of old
shareholders and new investors looking for information in a hot market was
not the plan. We need to concentrate on getting the business done, and the
market will take care of itself. I am sure you can appreciate this. On
the other hand, I can understand everyone's interest, opinions and comments.
But after reading a few of the comments between the different people, in
particular those concerning me -- I decided to simply not get involved with
anything for the record. In my opinion, its a no win situation - hence my
reluctance to get back to the related enquires as quickly as I would
normally.

That being said, there is a press announcement from us, DataPower, the
private company being released later today. And ISSM's attorney's have or
are in the process of filing certain information with the SEC which no doubt
will show up in their filings.

I hope now that we have this moving ahead, and with the information
available, old shareholders and potential new shareholders alike will have
an idea of where we are going and will be supportive of what we believe will
be a revitalized company.

Again, thank you for your interest in the company.

Kind regards,

Brian Harris
President,
DataPower USA, Inc



To: scott bradley who wrote (249)2/2/1999 5:14:00 PM
From: David Sirk  Read Replies (1) | Respond to of 915
 
nternational Semiconductor Corp. and DataPower USA, Inc., Shareholders Enter
Into Share Exchange Agreement

February 2, 1999, 4:30pm EST, Los Angeles, CA. Brian Harris, Chairman of
DataPower USA, Inc., announced today that Datapower USA's Board of Directors
is reviewing a share exchange agreement entered into between two of its
shareholders and International Semiconductor, Inc. International
Semiconductor, Inc., is traded on the OTC Bulletin Board Symbol ISSM. Mr.
Harris stated "the share exchange will make Datapower a 59.4% owned Subsidiary
of ISC, it will broaden the management base of the Company and allow Datapower
to enter new international markets". The proposed transaction is a tax-free
exchange of shares between the Datapower USA shareholders and International
Semiconductor. The Datapower shareholders will exchange 59.4% of Datapower
for 60% of International Semiconductor. Mr. Harris stated the board of
Directors sees no impediment to its approval of the proposed transaction.

International Semiconductor is the developer of a new generation of stable low
cost Gallium Arsenide products for the electronic, defense and
telecommunications industries. Datapower USA manufactures and markets video
telephony products in Canada, Australia, New Zealand and South Africa under an
exclusive license granted by World Wide Video, Inc. Under the terms of the
License agreement Datapower can "Private Label" these products for
distribution through out the world. DataPower products use proprietary
compression programs and hardware that allow the transmission of Video, Voice
and Data over POTS lines and the internet at speeds of up to 15 clear frames
per second.
Robert M. Terry, International Semiconductor Chairman said "This transaction
gives ISC two major opportunities in one of the fastest growing markets in the
world. Telecommunications reliable than high heat effected silicon based
chips and diodes." Mr. Terry further stated " We believe that cost effective,
high speed, reliable Gallium Arsenide based components are the wave of the
future for burgeoning Telecommunications and Computer industries."

Related to video compression applications, Mr. Harris commented. "We agree
with industry forecasts that the video phone market and videoconferencing
markets will total over $15 billion within the next five years. We think that
this is now very close to finally becoming a reality. The recently announced
$30 million investment of Intel into Picturetel, who are the leader in
broadband applications, appears to validate a market that has been waiting to
happen. The potential for video telephony includes every desktop computer,
every home and every business that needs to communicate. High quality, low
cost video is one of the next applications with enormous potential. The fact
that our products will provide video service at a new plateau in availability,
video quality and at a lower cost over Plain Old Telephone Systems (which
represent over 87% of the world's present telephone networks) is a tremendous
opportunity. At this time we are a junior player, but we believe that because
of our core technologies, we have the potential of moving quickly up the
ladder. Now that DataPower is part of a public company, we will be in a
position to move ahead with these opportunities in a more aggressive manner."

This release contains "forward-looking statements" as defined under the
Federal Securities Laws. Actual results could differ materially form those
projected in the forward-looking statements as a result of certain risk
factors, including but not limited to: (i) a failure to close the share
exchange; (ii) delays in the development of new technology and the transition
to new products; (iii) other one-time events and other important factors
disclosed previously and from time to time in International Semiconductor
Corporations filings with the U.S. Securities Exchange Commission.

For More Information Contact:
Brian Harris at (604) 608-3251