DataMirror Announces Renewal Of Normal Course Issuer Bid.Business Editors TORONTO--(BUSINESS WIRE)--Sept. 19, 2000 DataMirror Corporation (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :DMC DMC Devil May Cry (video game) DMC Detroit Medical Center DMC Darryl McDaniels (rapper) DMC Destination Management Company DMC Del Mar College (Corpus Christi, TX) .), announced today acceptance by The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. of Notice of its Normal Course Issuer Bid, allowing the purchase from time to time, if it is considered advisable, of up to 582,355 of its common shares, which represents 5% of its 11,647,099 outstanding common shares (as at September 8, 2000), on The Toronto Stock Exchange over the next 12 months. The Board of Directors of DataMirror believes that such purchases are in the best interests of the Company and a desirable use of corporate funds. Over the period from September 21, 1999 to September 15, 2000, the Company has purchased and cancelled 87,300 of its common shares at an average price of $12.42 per share under a previous Normal Course Issuer Bid, in effect from September 21, 1999 to September 20, 2000. Purchases of common shares may be made pursuant to the new Notice in the 12 month period commencing September 21, 2000. All common shares purchased by DataMirror pursuant to this Notice will be cancelled. About DataMirror Corporation DataMirror (TSE: DMC.) delivers solutions that let customers integrate their data for competitive insight and e-Business resiliency. DataMirror's comprehensive family of products includes advanced real-time capture, transform and flow (CTF CTF Capture The Flag CTF Child Trust Fund (UK) CTF Canadian Tax Foundation CTF Canadian Taxpayers Federation (lobby group) CTF Canadian Television Fund CTF Canadian Teachers' Federation ) technology, that gives customers the instant access, integration and availability they demand today, across all computers in their business. Over 1,100 customers rely on DataMirror software to gain competitive advantage and to provide a reliable, continuous, instant flow of information across their business. DataMirror is headquartered in Toronto, Canada, and has offices worldwide. DataMirror has been recognized by PROFIT Magazine as the fastest growing software company in Canada over the past five years. For more information, call 1-800-362-5955 or visit the DataMirror web site at www.datamirror.com. Copyright 2000 DataMirror Corporation. All rights reserved. DataMirror is a registered trademark of DataMirror Corporation. All other brand or product names are trademarks or registered trademarks of their respective companies. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. 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: 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. in this press release, including statements regarding DataMirror Corporation's business which are not historical facts, are made pursuant to the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties which could cause actual results to differ from those forward-looking statements. For a discussion of such risks and uncertainties, please see DataMirror Corporation's periodic filings with the United States Securities and Exchange Commission and other regulatory authorities. |
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