California Software Files For AMEX Listing.Business/Technology Editors SANTA ANA, Calif.--(BUSINESS WIRE)--March 16, 2000 California Software Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: CAWC CAWC Canadian Association of Wound Care CAWC Companion Animal Welfare Council (UK) CAWC Chicago Abused Women’s Coalition CAWC Cryogenic Aerosol Wafer Cleaning ), a leader in IBM Midrange migration products and developer of the award-winning BABY(tm) product line, today announced it has officially filed for listing on 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. . The Company will announce its new trading symbol and effective date of its listing on the AMEX AMEX See: American Stock Exchange (r) shortly, upon approval by AMEX. Bruce Acacio, President and Chief Executive Officer of California Software, commented, "Filing for an AMEX listing comes at a crucial time to take advantage of the Company's business opportunities and access to capital resources, which will fuel our aggressive acquisition strategy." Carol Conway, Vice President of California Software, stated, "Our growth has been phenomenal over the past year and an AMEX listing was the next logical step to ensuring maximum reach to the investment community. The added exposure that a market listing with the AMEX provides, coupled with the recent increases in California Software's share price, should launch us more in line with our peers and exceed competitors, such as Jacada (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 : JCDA)." California Software Corporation is the international leading provider of IBM Midrange migration software solutions marketed under the brand name BABY. These products support the migration of IBM AS/400 screens and applications into PC-LAN PC-LAN Personal Computer Local Area Network business environment and enjoy over 100,000 installations in 56 countries. Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of 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. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. For additional information, see www.californiasoftware.com |
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