Addition of MDSI to Toronto Stock Exchange Indexes Should Increase Investor Interest in Company.Business Editors RICHMOND, British Columbia--(BUSINESS WIRE)--Jan. 18, 2000 MDSI MDSI Multiple (Destination) Digital Speech Interpolation MDSI Mobile Data Solutions Inc. MDSI Mountain Data Systems, Inc (Boise, Idaho) (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :MDSI) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :MMD MMD Movement for Multiparty Democracy (Zambia) MMD Make My Day MMD Merchant Mariner Document MMD Myotonic Muscular Dystrophy MMD Myotonic Dystrophy MMD Mass Median Diameter MMD Metal Matrix Diaphragm .) The addition of MDSI Mobile Data Solutions Inc. ("MDSI") (TSE: MMD, NASDAQ: MDSI) to the Toronto Stock Exchange's TSE 300 Composite Index Composite Index A grouping of equities, indexes or other factors combined in a standardized way, providing a useful statistical measure of overall market or sector performance over time. Also known simply as a "composite". , TSE 200 Index, and S&P/TSE Canadian SmallCap Index "should enhance investor interest in MDSI stock," said Ken Miller, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . The TSE selects for inclusion in its indexes the top listed companies from a variety of industries measured by performance against a number of criteria. MDSI(TM) has had a long history of strong operating performance and believes that inclusion in the indexes can only help to improve this performance through increased visibility in the market. "Inclusion in these indexes represents a recognition of the significant growth and success of MDSI," Mr. Miller said. "This is good news for our shareholders. The experience of companies being added to these and other market indexes is that mutual funds and others who buy based on indexes become new buyers for the company's stock. In addition, inclusion of a company on any index translates into greater attention for the company in financial markets generally. As a company serving many of the world's largest corporations requiring sophisticated tools to manage mobile workforces, we are delighted to have joined this prestigious corporate ranking." About MDSI MDSI Mobile Data Solutions is the leading provider of business applications and mobility solutions for companies that fully integrate mobile resources with the enterprise. MDSI designs, develops, implements, and supports solutions for the utility, telecommunications, cable, field service, insurance, and state and local government markets worldwide. With the Advantex product suite, professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. , and strategic business alliances, MDSI business solutions extend the enterprise to mobile resources, and draw mobile resources completely into the enterprise. Founded in 1993, MDSI now has major operations in the U.S. and Canada, multiple support offices around the world, and a large customer list that includes industry leaders such as AT&T Wireless Services, Belgacom, Cablevision Systems Corporation, Cox Communications Cox Communications is a privately owned subsidiary of Cox Enterprises providing digital cable television and telecommunications services in the United States. It is the third-largest[2] cable television provider in the United States, serving more than 6. , Detroit Edison, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. State Highway Patrol, Pacific Gas & Electric, Reliant Energy, San Diego Gas & Electric, Tele Danmark and Telenor. MDSI is a trademark of MDSI Mobile Data Solutions Inc. All rights reserved. All other trademarks are the property of their respective owners. This press release contains statements that constitute "forward looking statements" within the meaning of Section 27A of the Securities Exchange Act of 1934. Such statements, including those regarding expectations with respect to enhanced investor interest and potential new buyers of the company's securities, involve risks and uncertainties that may cause actual results to differ materially from anticipated results. |
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