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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC) -- Ignore unavailable to you. Want to Upgrade?

To: esecurities(tm) who wrote (3332)	5/13/1999 12:15:00 AM
From: esecurities(tm)	Read Replies (1) \| Respond to of 4231

INTERNET--(esecurities.W)--May 13, 1999 - Canada StockWatch Up On NewKidCo? CANADA STOCKWATCH EMAILED THE FOLLOWING ON 05/12/99 NewKidCo International Inc. Announces Profitable First Quarter 1999 Results NewKidCo International Inc NKC Shares issued 13,122,584 May 11 close $2.45 Wed 12 May 99 Toronto, Canada, (May 6, 1999) - NewKidCo International Inc. (TSE:NKC * OTC BB:NKCIF; ) today reported a profitable first quarter from its continuing line of business, children's video-game software based on popular licensed characters. For the three months ended March 31, 1999, the Company recorded sales of CND $10.2 million, which reflect the shipment of five new video game titles: Elmo's Number Journey, Elmo's Letter Adventure and Hello Kitty's Cube Frenzy, for the PlayStation game console, and Elmo's ABCs and Elmo's 123s for Game Boy Color. Also during the quarter, the Company changed its name from SoftQuad International Inc. to reflect its new business focus. In accordance with Canadian GAAP, the net earnings from continuing operations for the quarter ended March 31, 1999, amounted to CND $1.9 million or 14 cents per share. Richard Rabins, CEO, said "We have completed a period of significant transition. Our business, video-game publishing targeted at the high growth children's segment, is beginning to deliver positive results such as a top 10 best-selling ranking on eToys.com for Elmo's Letter Adventure. In addition, we successfully exited the enterprises that were diluting our focus from this business. Our 1999 goals are to launch additional children's software titles, work with our business and retail partners to take advantage of the market potential of our existing titles and explore internet marketing initiatives." Please click on the link below for a one page summary on NewKidCo International Inc. newkidco.com Contact Information: Steve Schneider CFO NewKidCo International Inc. (781) 229-2924 ext 108 mailto:steve@newkidco.com Richard Rabins CEO NewKidCo International Inc. (781) 229-2924 ext 103 mailto:richard@newkidco.com Selwyn Rabins President NewKidCo International Inc. (781) 229-2924 ext 106 mailto:selwyn@newkidco.com ************************************************************************* This bulletin is sponsored and has been sent to you for no charge. THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY! To remove yourself from this mailing list, access this URL: stockwatch.com For more information about this service please contact the advertising department at Stockwatch 800.268.NEWS or 604.687.1500 ************************************************************************ SOURCE: © 1999 CANADA STOCKWATCH list@stockwatch.com StockWatch:NewKidCo International May 12 9:31 PM EDT Note: New NewKidCo Corporate Information Sheet URL newkidco.com &copy 1999 SiliconNewswire.com. All Rights Reserved.