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Crew Development Corporation: Incentive Stock Options to Directors, Officers and Employees.


Business Editors

VANCOUVER Vancouver, city, Canada
Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border.
, B.C.--(BUSINESS WIRE)--June 26, 2000

Effective June June: see month.  26, 2000, the Board of Directors of Crew Development Corporation (Frankfurt:KNC KNC Knowledge Navigation Center
KNC Kensey Nash Corporation
KNC Kawan Ng Cordero (Philippines: Flock of Lamb) 
) granted 4,045,000 incentive stock options to directors, officers and employees of the Company under the Company's Stock Incentive Plan.

The options may be exercised as to 2,022,500 shares immediately, and as to 2,022,500 shares on or after June 26, 2001, at an exercise price of $1.33 per share. The options expire expire /ex·pire/ (ek-spi´er)
1. to exhale.

2. to die.


ex·pire
v.
1. To breathe one's last breath; die.

2. To exhale.
 June 26, 2005.

John M. Darch, President and C.E.O.

This News Release was prepared by the Board of Directors on behalf of Crew Development Corp. which is solely responsible for its contents.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 26, 2000
Words:116
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