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Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?

To: Joseph Hoane who wrote (9457)	4/21/1999 9:09:00 AM
From: Elliott Dunwody	Read Replies (1) \| Respond to of 10479

April 21, 1999 08:44 AM SANTA MONICA, Calif.--(BUSINESS WIRE)--April 21, 1999--Osicom Technologies Inc. FIBR and its wholly owned subsidiary, Waltham, Mass.-based NETsilicon(TM) Inc., Wednesday announced that NETsilicon Inc. has filed a second amendment to its registration statement with the U.S. Securities and Exchange Commission for an underwritten initial public offering of approximately 3 million shares of NETsilicon common stock, of which Osicom will sell 700,000 shares. Tucker Anthony Cleary Gull will manage the offering, with First Albany Capital acting as co-manager. This notice does not constitute an offer to sell securities and is not soliciting an offer to buy securities. An offer shall only be made by means of a prospectus. Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including without limitation the company's ability to develop, produce, and market products that incorporate new technology on a timely basis, that are priced competitively and achieve significant market acceptance; higher expenses associated with the development and marketing of new products; changes in product mix; risks of dependence on third-party component suppliers; inventory risks due to shifts in market demand; the presence of competitors with broader product lines and greater financial resources; intellectual property rights and litigation; needs for liquidity; and the other risks detailed from time to time in the company's reports filed with the Securities and Exchange Commission.