DataWave Announces Warrant Expiry.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--Dec. 5, 2001 DataWave (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DWVSF)(CDNX CDNX See Canadian Venture Exchange (CDNX). :DTV (Digital TeleVision) Transmitting TV using digital signals. The major DTV standards are ATSC (North America), DVB (Europe) and ISDB (Japan). All three use MPEG-2 video compression and Dolby Digital audio compression. DVB and ISDB also include MPEG audio compression. .V.) announces that share purchase warrants to purchase an aggregate of 3 million common shares at US$0.40 per share expired unexercised. There are no longer any other share purchase warrants outstanding. DataWave's common stock structure is now comprised of 43,879,334 shares issued and outstanding, along with 5,070,481 options to purchase common stock at prices ranging from Cdn$0.20 to Cdn$0.83. Additionally, DataWave does not have any long-term debt Long-Term Debt Loans and financial obligations lasting over one year. Notes: For example debts obligations such as bonds and notes which have maturities greater than one year would be considered long-term debt. . DataWave Systems Inc. Marc L. Belsky, CFO See Chief Financial Officer. About DataWave (http://www.datawave.ca) DataWave Systems designs, develops, produces, owns and manages a proprietary, intelligent, automated direct-merchandising network, comprised of free-standing intelligent machines (DTMs) and over the counter "swipe" units (OTCs) connected to the gateway and database software through a wireless and/or landline wide area network. This technology provides for point-of-sale activation, cash/credit card acceptance, detailed reporting and 24/7 remote self-diagnostic troubleshooting. The Company has proven enabling technologies that have allowed it offer innovative prepaid and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. products. In addition to its successful prepaid calling card business, the company is testing the distribution of the Standard Federal Bank Prepaid MasterCard together with Coinstar. DataWave is now poised to capitalize on the flexibility of its System by augmenting its product range to meet the diversified and changing needs of the prepaid market and in further developing strategic partnerships. "DataWave" is a registered trademark of the Company. All other trademarks and trade names referred to are the property of their respective owners. The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. |
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