Bureau of Electronic Publishing announces initial public offering; Leading developer, publisher and distributor of interactive multimedia CD-ROMs goes public.PARSIPPANY, N.J.--(BUSINESS WIRE)--Sept. 28, 1995--Bureau of Electronic Publishing, Inc., (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 :BEPI BEPI Budget Estimates Presentation Instruction ), an award-winning developer, publisher, and distributor of CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). titles, went public on August 11, 1995, with one million shares of common stock and one million redeemable warrants. In addition to the IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. , the company has announced an exclusive distribution arrangement with Chelsea House Publishers for distribution of Bureau CD-ROMs into the school/library market. This arrangement is estimated to bring in $12.8 million in revenues over the next five years. The Bureau has also been selected the exclusive distributor of the Everything Weather CD-ROM from the Weather Channel. Everything Weather will be supported with 5 to 8 television spots daily on The Weather Channel, which reaches some 59 million viewers nationwide. Bureau of Electronic Publishing Inc. (NASDAQ:BEPI) was founded in 1988 to "enrich, empower, and entertain through multimedia." Its best-selling multimedia CD-ROM titles are widely distributed through general and specialty mail order houses, computer dealers, distributors, warehouse clubs, major retail chains, and the Internet (www.bep.com.) For more information, or to arrange interviews with Larry Shiller, President & 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. of the Bureau, please call Marcelle M. Soviero at (201) 808-2700 x 147. CONTACT: Marcelle M. Soviero 201/808-2700 x 147 201/808-2676 (fax) |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion