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Advanced Financial Inc. extends class "B" warrants.


SHAWNEE, Kan.--(BUSINESS WIRE)--Dec. 5, 1996--Advanced Financial Inc. (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :AVF AVF Arteriovenous Fistula
AVF All Volunteer Force
AVF American Vineyard Foundation
AVF Azimuthally Varying Field
AVF Ada Validation Facility
AVF Augmented Voltage Foot (EKG lead)
AVF Average Value Factor
), has decided to extend the expiration date Expiration Date

The day on which an options or futures contract is no longer valid and, therefore, ceases to exist.

Notes:
The expiration date for all listed stock options in the U.S.
 of its class "B" warrants to Dec. 4, 1997.

The class "B" warrants were scheduled to expire on Dec. 4, 1996.

Presently there is an outstanding total of 400,000 "B" warrants which were included in the units sold in the company's public offering pursuant to a prospectus dated June 4, 1991. The current exercise price is $10.00 for one share of AVF. The new expiration date for the "B" warrants is 5:00 p.m., Mountain Time, on Dec. 4, 1997. To date, no "B" warrants have been exercised. The exercise of such "B" warrants is subject to an effective regulation statement under the Securities Act of 1933, as amended a·mend  
v. a·mend·ed, a·mend·ing, a·mends

v.tr.
1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive.

2.
, as well as applicable state statutes and regulations, covering the shares underlying the warrants.

CONTACT: Advanced Financial Inc.

Brad Morris, 913/441-2466
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 5, 1996
Words:152
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