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Gold/Mining/Energy : eDispatch.com EWD.V (formerly Instep Mobile) -- Ignore unavailable to you. Want to Upgrade?

To: Lalit Jain who wrote (55)	6/8/1999 4:29:00 PM
From: Lalit Jain	Read Replies (1) \| Respond to of 289

eDispatch.com announces 78% of warrants exercised VANCOUVER, June 8 /CNW/ - eDispatch.com Wireless Data Inc. (VSE: EWD) is pleased to announce that it has received $668,571 from the exercise of common share purchase warrants and has issued 835,714 common shares accordingly. Of the 1,071,429 warrants outstanding, 835,714,or 78%, were exercised. The warrants were part of the distribution on June 1, 1998, of 1,071,429 Units at a price of $0.70 per Unit. Each Unit consisted of one common share and one common share purchase warrant. Each common share purchase warrant entitled the holder to purchase one common share at a price of $0.80. Brian Ellis, President & CEO of eDispatch.com stated, ''We are extremely pleased with the response from our investors. These additional funds will enable our company to pursue aggressively its sales and marketing initiatives with the wireless carriers and establish an eDispatch.com Value Added Reseller program in North America.'' About eDispatch.com eDispatch.com, a Wireless Internet Dispatch solution, offers a breakthrough in realtime operations management: a simple way for cost-conscious fleet users to receive the significant operational benefits from the powerful combination of computer automated dispatching, wireless data and the Internet. -30- For further information: Brian Ellis (604) 320-2111, bellis@edispatch.com