DYNAMIC MEDIA Completes Roll-Up Merger With LEADING EDGE DESIGN & SYSTEMS and Will Now Focus On Emerging Technologies.Business Editors/Hi-Tech Writers BALTIMORE--(BUSINESS WIRE)--Nov. 3, 2000 DYNAMIC MEDIA, Inc., (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :DYMI, news, msgs) a multimedia enabling technology company, today announced the completion of a business combination transaction whereby LEADING EDGE DESIGN AND SYSTEMS, INC., has assumed both management and corporate control of DYNAMIC MEDIA, INC. LEADING EDGE DESIGN AND SYSTEMS, INC., is a Maryland based private company, specializing in systems design and integration of media asset management systems and content delivery networks. Details of the stock transaction were undisclosed. LEADING EDGE has been a premier provider of systems engineering, multimedia network services, information technologies and critical systems to the U.S. Intelligence community for over 16 years. The company applies its extensive skills to all phases of the intelligence business, including analysis, signal processing See DSP. and full life-cycle support and training. Joseph C. Gordon, new 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 DYNAMIC MEDIA, said "Our new organizational structure To comply with Wikipedia's lead section guidelines, one should be written. will enhance our growth opportunities in new technologies including, wireless and advanced streaming multimedia products and services to handheld computers A computing device that can be easily held in one hand while the other hand is used to operate it. The Palm devices are a popular example. See Palm, smartphone and palmtop. and new network appliances. The additional capabilities and resources that this merger brings will allow us to provide our customers with even more advanced technology solutions and leading edge applications. Furthermore, the technology acceleration charter of the parent organization will have a positive impact on the economy by developing many new technology companies and jobs. This merger is going to provide exceptional multimedia products and technology services to our customers and an attractive opportunity for investors." LEADING EDGE is partnered with RealNetworks (NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). : RNWK RNWK Real Networks (stock symbol) ) and Virage (NASD: VRGE) to develop customized streaming media systems This is a list of streaming media systems with articles
About LEADING EDGE DESIGN AND SYSTEMS, INC. LEADING EDGE DESIGN & SYSTEMS is a large-scale network systems integration and design company founded in 1984. LEADING EDGE has been involved in sophisticated cutting edge projects including high-level network security and media asset management applications for the U.S. Intelligence Community. Its extensive breadth of network experience spans both wired and wireless networks and a broad array of software solutions. (www.leadingedgedesign.com) About DYNAMIC MEDIA, INC. DYNAMIC MEDIA, INC. is a premier business development accelerator company for tomorrow's leading technologies. Experienced in all phases of corporate development, DYNAMIC MEDIA is launching and growing a portfolio of companies focused on future advanced technologies, which include wireless, broadband and content delivery to handheld computers. As a business developer, we provide proven business processes and systems to accelerate and nurture the growth of technology companies. In return for equity, we provide quality companies with funding support, core business systems and a full suite of services. DYNAMIC MEDIA will radically compress the business development cycle for its portfolio companies (www.dimg.com) (www.dynamicmediainc.com). Statements contained in the news release that are not historical facts are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. as that term is defined in 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. Such forward-looking statements are subject to risks and uncertainties, which may cause actual results to differ materially from expected results. |
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