DYNAMIC MEDIA Goes Wireless ... Name and Symbol Change.Business Editors/Hi-Tech Writers PHILADELPHIA--(BUSINESS WIRE)--May 22, 2000 DYNAMIC MEDIA, INC.s (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :DIMG) board of directors has reorganized the company by eliminating its long term development Internet television and HDTV (High Definition TV) A set of digital television (DTV) standards that offer the highest resolution and sharpest picture. Although some HDTV sets are available in standard (rather square) screen sizes, the overwhelming majority of sets are wide screen, which eliminates group and all content related projects. The company's new management team will focus its exclusive efforts and resources on the sales, marketing and development of its proprietary video production techniques in delivering video information to wireless, Pocket PC, PDA (Personal Digital Assistant) A handheld computer for managing contacts, appointments and tasks. It typically includes a name and address database, calendar, to-do list and note taker, which are the functions in a personal information manager (see PIM). and handheld devices. The Company also announced that based on current market conditions, the intended IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. will be delayed and that the Company is in discussions with several groups for private financing. Dynamic Media will continue to develop its QuickTV dealer network and market its proprietary B2BVideoYellowPages(TM) based on utilizing the company's Patent application, "Methods for Producing and Presenting Audio Visual Works on Networks," filed in August of 1999. http://www.B2BvideoYellowPages.com Other rich media and multimedia products that are now being offered to the business community online, on CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). and on DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. , include: ProspectusPlus(TM), RoadShowPlus(TM), CorporatePresentationsPlus(TM), ExecutiveBriefingsPlus(TM), ProductIntro/Demo Plus(TM), SalesTraining Plus(TM), TechnologyTraining Plus(TM), SoftwareDemoPlus(TM), and Management Training Plus(TM) The Company has also changed its name to Dynamic Media, Inc., dropping the .com, and the new trading symbol is DYMI (CUSIP number: 267889 ). For more information and requests for sales materials, call 800 700-0295 or send electronic mail to info@dimg.com. |
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