AVVA Technologies Completes Financing.CALGARY, ALBERTA--(BUSINESS WIRE)--Sept. 11, 1995--AVVA TECHNOLOGIES (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). :AVY) Further to the press release of Friday, June 30, 1995, AVVA Technologies Inc. (AVVA), is pleased to announce the completion of $735,000 in equity finance from institutional sources. This financing was completed by issuing 1,050,000 shares at $0.70 and 1,050,000 warrants at $1.05 per share in the private placement as stated in AVVA's Offering Memorandum Offering Memorandum A legal document stating the objectives, risks, and terms of investment involved with a private placement. Notes: The private placement of hedge funds necessitates the issue of memorandums. dated June 23rd, 1995. AVVA's subsidiary, AVVA Light Corporation, is pleased to announce it has been approved as a vendor to Foodservices Purchasing Cooperative purchasing cooperative, n a group of dental professionals pooling their financial resources to purchase large quantities of supplies and equipment for the purpose of obtaining a discount. Inc. of Louisville, Kentucky  “Louisville” redirects here. For other uses, see Louisville (disambiguation). . The Cooperative makes volume purchases of equipment and supplies from vendors for sale to operators of major U.S. fast food corporations. AVVA recently attended a McDonald's Managers Convention in Vancouver which included managers from New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. , Australia, and Canada. By invitation, AVVA will be attending a McDonald's Owner Operator Convention in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. later this month. AVVA has recently received an introductory sign order from a group of companies based in Madras Madras. 1 State and former province, India: see Tamil Nadu. 2 City, India: see Chennai. , India. The initial order will be for $6,600 U.S. which will be delivered to Singapore for evaluation. Upon approval, the balance of the initial order will be shipped ($18,000 U.S.). The coffee oriented signs are to be used in conjunction with the introduction of Espresso/Cappuccino machines to the Indian market. Growth in this industry is estimated to be rapid and all indications are that AVVA will be a part of it. AVVA Technologies Inc. manufactures a new illuminated style of energy efficient edge-lit signs. AVVA's design flexibility and high quality appearance, positions the company to market products for institutional, corporate, retail and home application. AVVA Edge Lit believes it is the best illuminated interior sign on the market today. AVVA Technologies Inc. is listed in Standard & Poor's and is 12G exempt, (89-3922). -0- NOTE TO EDITORS: The Alberta Stock Exchange neither approves or disapproves of the information contained herein. CONTACT: AVVA Technologies Inc. Mark Komonoski, 1-800-665-3749 or 403-252-6047 |
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