To: Rande Is who wrote (6773 ) 5/14/1999 9:43:00 AM From: Ga Bard Respond to of 57584
Remember I brought VTCO ... News out to apply for NASDAQ (PR NEWSWIRE) Virtual Technology Announces Filing of Application with Nasd Virtual Technology Announces Filing of Application with Nasdaq MINNEAPOLIS, May 14 /PRNewswire/ -- Virtual Technology Corporation (OTC Bulletin Board: VTCO) announced today it has submitted an application to Nasdaq for listing of VTC's Common Stock on the National Market System. ABOUT VIRTUAL TECHNOLOGY CORPORATION Minneapolis-based Virtual Technology Corporation, (OTC Bulletin Board: VTCO) founded in 1996, is a publicly traded E-Commerce Company specializing in computer hardware, software and services. Its primary E-Commerce sites include www.virtual-world.com and the Virtual Technology auction site www.vtcoauctions.com. VTC's Graphics Technologies Division (www.graphicstech.com) specializes in wholesale distribution of technology products. More corporate information may be found at vtechco.com . Statements in this Press Release that are not purely historical are "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding VTC's expectations, hopes, beliefs, intentions or strategies regarding the future generally, VTC's growth strategy, future sales and anticipated trends in VTC's business. All forward looking statements included in this Press Release are based on information known to VTC on the date hereof, and VTC assumes no obligation to update any such forward looking statements. It is important to note that actual results could differ materially from those in such forward looking statements as a result of a number of factors, most of which are out of the control of VTC, including, but not limited to, VTC's early stage of development, its lack of profitability and cash flows and competition for the sale of hardware and software products both on and off the Internet. VTC cannot assure that Nasdaq will list VTC's Common Stock on the National Market System. Readers are also directed to read the "risk factors" disclosure in VTC's Form 10-K filed with the SEC on May 6, 1999. Contact: Greg Appelhof, CEO of Virtual Technology Corporation, 612-915-1122, greg.appelhof@vtechco.com; or Investor and Public Relations: Compass Point Group, 619-525-0800, rs@compasspointgroup.com SOURCE Virtual Technology Corporation -0- 05/14/99 /CONTACT: Greg Appelhof, CEO of Virtual Technology Corporation, 612-915-1122, greg.appelhof@vtechco.com; or Investor and Public Relations: Compass Point Group, 619-525-0800, rs@compasspointgroup.com/ /Web site: graphicstech.com /Web site: vtcoauctions.com /Web site: virtual-world.com /Web site: vtechco.com (VTCO) CO: Virtual Technology Corporation ST: Minnesota IN: CPR MLM SU: *** end of story ***