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Financing underway and moving to the Toronto Stock Exchange. More exposure for U.S. investors. Deals made with Samsung, Ingram, Beamscope, Telewire Tri-Vision's Vice-President, Marketing & Business Development, Todd Grunberg, says this round of product orders marks a significant milestone for the Company and the culmination of an intensive research and product development program over the past several years. "These first distributor orders for the V-Chip product are just the beginning of a campaign to successfully introduce this ground breaking technology into households around the world," Grunberg says. With the Canadian product launch subsequent to the planned US launch, and as further market research needs to be undertaken, Tri-Vision and Beamscope Canada Inc. (TSE:BSP) have agreed to defer any volume commitment at this time. Both firms are closely cooperating on what is anticipated to be an equally successful product roll out in Canada. Tri-Vision Electronics Inc. is also pleased to announce that Samsung Electronics and Tri-Vision have completed their efforts under the joint development agreement, signed in November of 1997, and the first V-Chip enabled television will be exhibited by both firms, in their respective booths, at the Las Vegas Consumer Electronics Show in early January 1998. Tri-Vision has the exclusive worldwide rights to the V-Chip technology invented by award-winning engineer Tim Collings. Parent Company, Tri-Vision International Ltd./Ltee. trades on The Alberta Stock Exchange in Canada under the symbol TVL. For more information contact Century Communications Corporation at 888/298-8551 (toll free) or by E-mail to tri-vision@tri-vision.ca or visit Tri-Vision's Internet site at tri-vision.ca . The Alberta Stock Exchange has not reviewed and does not approve or disapprove of the adequacy or accuracy of this release. CONTACT: Century Communications Corporation Blair Qualey, 888/298-8551 E-mail: tri-vision@tri-vision.ca tri-vision.ca | ||||||||||||
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