[2] ST Systems' Shares to Trade in Canadian Dollars; New Trading Symbol SYT .Business Editors REPEATING... VANCOUVER, British Columbia--(BUSINESS WIRE)--Dec. 29, 1999 ST Systems Corp. today announced that, effective January 4, 2000, the Company's shares will cease trading in US dollars and begin trading in Canadian dollars Noun 1. Canadian dollar - the basic unit of money in Canada; "the Canadian dollar has the image of loon on one side of the coin" loonie dollar - the basic monetary unit in many countries; equal to 100 cents . To reflect the change in trading currency, the Company's trading symbol Trading symbol See: Ticker symbol will be changed from "SYT SYT Sweet Young Thing SYT Save Your Time (software) SYT See You Tomorrow SYT Scottish Youth Theatre SYT See You There SYT Standard Young Tableaux (enumerative combinatorics) SYT South Yorkshire Times .U" to "SYT", also effective January 4. These changes are in response to investor confusion created by ST's unusual symbol, which denotes US currency, and the assumption that a stock listed on a Canadian exchange would trade in Canadian dollars. Reporting of financial results will also shift to Canadian dollars for the first quarter of 2000 (the three months ending March 31, 2000). However, ST will report its 1999 full-year and fourth-quarter results in US dollars for consistency with the earlier quarters of 1999. ST Systems, through its subsidiaries Sable sable, species of marten, Martes zibellina, found in Siberia, N European Russia, and N Finland. This carnivorous mammal is highly valued for its thick, soft fur, which is dark brown or black, sometimes with white underparts and sometimes flecked with silver. Technologies and Documentor Sciences, provides experienced, professional systems-integration services, addressing the POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale and back-office needs of both table-service and quick-service restaurants. With its deserved reputation for 24-hour service and customer loyalty, ST Systems is favorably positioned for continued growth and profitability into the new millennium. Shares of ST Systems trade on the Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) under the symbol "SYT.U", until January 4 when the symbol becomes "SYT". U.S. SEC exemption: 12g3-2(b)82-4094. If you prefer to receive company news releases via e-mail, please advise Tzu Wong (tzu@humekieran.on.ca) The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. |
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