Bentley Pharmaceuticals Announces Class B Warrant Listing; Schedules Informational Meeting for Shareholders.TAMPA, Fla.--(BW HealthWire)--Sept. 2, 1998--Bentley Pharmaceuticals Inc. (AMEX AMEX See: American Stock Exchange :BNT BNT Bentley Pharmaceuticals, Inc. (stock symbol) BNT Boston Naming Test (psychology) BNT Bermuda National Trust BNT Bulgarian National TV BNT Broadband Network Termination BNT Binary File Transfer ) Wednesday announced that the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. has approved the listing of the company's Class B warrants for trading as of Tuesday, Aug. 26, 1998. The 4,894,167 outstanding Class B warrants were issued upon the voluntary exercise of approximately 70% of the company's Class A warrants. Additionally, in conjunction with the company's commitment to meet with its shareholders and recognizing that some shareholders may not have been able to attend the annual meeting held in July in Madrid, Spain, management has scheduled an informal meeting for stockholders in the United States that will be held at 2:00 p.m. on Sept. 24, 1998 at The Harvard Club of New York The Harvard Club of New York, incorporated in 1887, is housed in adjoining lots at 27 West 44th Street and 35 West 44th Street. It was designed in red brick neo-Georgian style by Charles Follen McKim of McKim, Mead, and White in 1884. City, 27 West 44th Street, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , N.Y., 10036. Management looks forward to meeting with current shareholders and invites all interested parties to attend a discussion of the company's operations and strategic plans. Please note, however,that at the informational meeting, shareholders will not be asked to vote on any matters. Bentley Pharmaceuticals is an emerging international pharmaceutical company that leverages the competitive advantage of its manufacturing facility in Spain with drug delivery technology to provide treatment for cardiovascular, gastrointestinal, neurological and infectious diseases. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Safe Harbor Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements which are not historical facts contained in this news release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, the ability to find effective market distribution channels, development of new products, regulatory approval processes, the impact of competitive products or pricing, unpredictability of patent protection, technological changes, the effect of economic conditions and other uncertainties detailed in the company's filings with the Securities and Exchange Commission.
CONTACT: Kinexsys, Newport Beach
Timothy R. Forstrom, 714/520-7507
or
Bentley Pharmaceuticals, Tampa
Elaine Melia, 813/286-4401
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