CE Software Holdings, Inc. Announces Completion of Merger.Business Editors WEST DES MOINES West Des Moines (də moin`), city (1990 pop. 31,702), Polk co., S central Iowa, a growing suburb W of Des Moines; inc. 1893 as Valley Junction, renamed 1938. Products manufactured there include cement, metal items, and pumps. , Iowa--(BUSINESS WIRE)--April 28, 2000 Shareholders approve merger with Lightning Rod lightning rod, a rod made of materials, especially metals, that are good conductors of electricity, which is mounted on top of a building or other structure and attached to the ground by a cable. Software CE SOFTWARE HOLDINGS, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (Nasdaq SC Symbol: CESH) today announced that the merger with Lightning Rod Software, Inc., previously Atio Corporation USA, Inc., has been completed. The merger was approved at the Company's annual shareholder meeting held in Minneapolis yesterday and merger documents were filed today to officially merge the two companies. As a result of the Merger, the Company will assume the Lightning Rod Software name. The shares will continue to trade on the Nasdaq SmallCap Market under the CESH symbol until Tuesday, May 2, 2000, at which time the Company expects the shares will trade under the symbol LROD LROD Long-Range Overwater Diffusion . As anticipated in the agreement and plan of merger, all shares of the Company's operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. , CE Software, Inc., will be distributed to shareholders of record as of the close of business today. The Company anticipates that shares in CE Software, Inc will begin trading on the Over The Counter Bulletin Board some time after May 2, 2000 and shareholders are encouraged to visit http://www.cesoft.com for more details. Christian Gurney gurney /gur·ney/ (gur´ne) a wheeled cot used in hospitals. gur·ney n. pl. gur·neys A metal stretcher with wheeled legs, used for transporting patients. , president of CE Software Holdings, Inc., presided at the shareholders meeting. Willem Ellis, who is president and 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 Lightning Rod Software, Inc. and will assume the titles of president and CEO of the surviving corporation, introduced the shareholders to the business of Lightning Rod Software, Inc. At the effective time of the merger, the members of board and officers of CE Software Holdings, Inc. relinquished their positions to the new board of directors and officers of Lightning Rod Software, Inc., in accordance with the agreement and plan of merger. About CE Software For more than a decade, CE Software, Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of CE SOFTWARE HOLDINGS, INC. (Nasdaq SC Symbol: CESH), has developed automation utilities and E-mail software that save time and effort for millions of Microsoft Windows See Windows. (operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then. 95/98, Windows NT/2000 and Macintosh users. For more information: (515) 221-1801 or www.cesoft.com. About Lightning Rod Software Based in Minneapolis, MN, Lightning Rod Software (www.lightrodsoft.com) is a global leader in multi-channel, real-time customer interaction solutions for e-businesses. With Lightning Rod's Interaction Manager, Website visitors are able to contact e-businesses using their preferred interaction method, such as Chat, Web-callback, email, or phone. Lightning Rod clients include e-tail sites such as www.babystyle.com, www.boo.com, and online trading Online Trading Making trades via the Internet. Notes: The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online. site www.stockwalk.com. This release contains forward-looking statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the Company's operations that are based on management's current expectations, estimates and projections and are subject to certain risks, trends and uncertainties and actual developments may differ materially from those projected. Words such as "expects," "looks," "anticipates," "plans," "intends," "projects," "potential," "committed" and similar expressions are used to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties, and assumptions that are difficult to predict. Some of the important factors that could cause actual results to vary significantly from management's expectations noted in these forward looking statements include product performance, customer preferences and industry consolidation. For a discussion of important factors that could affect the Company's results, the reader is encouraged to refer to the Company's annual report or Form 10-KSB and quarterly Form 10-QSB. (c) Copyright 2000 CE Software, Inc. All rights reserved. QuickMail, QuicKeys, CE Software, CE and the CE Software logo are trademarks of CE Software, Inc. ATIO Corporation, CyberCall, and the ATIO logo are registered trademarks and the property of Lightning Rod Software, Inc. Lightning Rod Software and Lightning Rod Software Interaction Manager are trademarks and the property of Lightning Rod Software, Inc. Microsoft, Windows and Windows NT are registered trademarks of Microsoft Corporation in the United States and other countries. All other brand or product names are trademarks of their respective owners. |
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