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California Software Retains OTC Financial Network to Lead Comprehensive Investor Relations Campaign.


Business/Technology Editors

SANTA ANA, Calif.--(BUSINESS WIRE)--Feb. 7, 2000

California Software Corp. (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 (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries)  migration products and developer of the award-winning BABY product line, today announced that it has selected OTC Financial Network, a division of National Financial Communications Corp. (NFC NFC
abbr.
National Football Conference
) of Needham, Massachusetts, to direct its financial communications and shareholder relations campaign.

Geoffrey Eiten, president of National Financial Communications, commented, &uot;We are enthused to represent California Software Corp., the worldwide leader of PC-based IBM midrange replication products. The Company is experiencing solid growth, reporting $2.8 million in sales and earnings per share of $0.56 in the most recent quarter.&uot;

Eiten continued, &uot;Trading at a steep discount relative to its peers, California Software is an undiscovered high-technology stock high-technology stock

The stock of a company that is involved in sophisticated technology, such as electronics, computer software, robotics, or life sciences companies.
 with an extremely bright future. We look forward to communicating California Software's exciting growth prospects to analysts, brokers, and investors.&uot;

California Software Vice President Carol Conway stated, &uot;Retaining OTC Financial Network for our investor relations Investor relations

The process by which the corporation communicates with its investors.
 component is prudent to the successful implementation of our aggressive growth strategy. We confidently rely on OTC Financial to maximize our visibility to the investment community as we move forward.&uot;

California Software Corp. is the international leading provider of IBM Midrange migration software solutions marketed under the brand name BABY. These products support the migration 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.

OTC Financial Network, a division of National Financial Communications Corp., is a financial communications and investor relations firm specializing in the representation of micro-cap companies.

For additional information, see www.californiasoftware.com

Forward-looking statements in this release are made pursuant to the &uot;safe harbor&uot; 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.
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Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 7, 2000
Words:356
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