To: BGL who wrote (2732 ) 5/26/1999 4:11:00 PM From: KS Read Replies (1) | Respond to of 2843
WavePhore Inc. Becomes Wavo Corp.; New Name Signals Completion of Integration of Recent Acquisitions PHOENIX--(BUSINESS WIRE)--May 26, 1999--Wavo Corp. (Nasdaq: WAVO) Wednesday announced that it has officially changed its name from WavePhore Inc. The name change was approved at its annual shareholders meeting in Phoenix on May 25. The company simultaneously launched its new corporate web site at www.wavo.com. The web site provides customers and investors with information on Wavo's product lines, financial filings, marketing events, job listings, and includes an online press kit for quick dissemination of company news. "In the past year we completed a wave of important acquisitions, entered into new partnerships, and introduced new products that leverage our strengths and help to position us as a leading Internet company," said David E. Deeds, chairman, president and chief executive officer of Wavo Corp. "To complement our internal consolidation of existing products and technologies with our new acquisitions we have proposed a amplification our name and have also adopted a new corporate tagline to summarize what we do: Moving Media. This term speaks to our strengths in providing both content and delivery." The company's web site, www.wavo.com, includes links to Wavo's current and upcoming Internet information products: NewsCast, NewsPak, eWatch, WaveTop, and JamCast, and also features an implementation of Wavo NewsPak. NewsPak provides web sites with real time news feeds and is currently in beta release. The company's product web sites can be reached at the following addresses: -- www.newscast.com -- www.newspak.com -- www.ewatch.com -- www.wavetop.net -- www.jamcast.com About Wavo Corp. Wavo Corp. (NASDAQ: WAVO) is in the business of moving media. It partners with the foremost providers of news, business data, Internet based content and multimedia programming to deliver selective intelligence and quality content to an information-dependent society. Additional information on Wavo is available via the Internet at www.wavo.com. Certain of the above statements regarding Wavo constitute forward-looking statements, which may involve risks and uncertainties. Actual results could differ materially from such forward-looking statements as a result of a variety of factors, including, but not limited to, technology changes, competitive developments, industry and market acceptance of new products and services, and risk factors listed from time to time in Wavo's SEC filings. CONTACT: Wavo Corp. Media Patrick Ford, 602/952-5500 x360 pford@wavo.com Investor Relations Jennifer Schreier, 602/952-5500 x239 jschreier@wavo.com TICKERS: NASDAQ:WAVO