To: Link Lady who wrote (3269 ) 4/27/1999 5:07:00 PM From: esecurities(tm) Read Replies (1) | Respond to
INTERNET--(esecurities.W)--April 27, 1999 - "Pinetree Acquires ~35% of SoftQuad."Pinetree Acquires Approximately 35% of SoftQuad, an Internet Enabling Technology Company Pinetree Capital Corp. ("Pinetree") is pleased to announce that, in conjunction with its merchant banking affiliate, KBL Capital Partners, and other investors, it has led the funding of a first round of private equity for SoftQuad Software Inc., with Pinetree taking a 35% equity interest in SoftQuad...Pinetree Capital Corp. is a publicly traded company that focuses on being first to fund emerging growth businesses with breakthrough proprietary products in the pre-production/commercialization stages. Pinetree acts as a catalyst for success by taking a leadership position in its investee companies and committing both financial and human resources to their projects. Pinetree's goal is to maximize both short and long term investment value for its shareholders . Pinetree's focus, going forward, is in the e-business sector, and in particular, companies with Internet enabling technology. Trading in Pinetree's shares is reported on the Canadian Dealing Network (the "CDN") under the symbol "PICA". Visit the Pinetree Capital Corp. web site at www.pinetreecapital.com. [emphasis added ]pinetreecapital.com mission statement .
