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Dataware Receives $3.7 Million in Equity Financings.


Business/Technology Editors

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sept. 5, 2000

Dataware Technologies, Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: DWTI DWTI Dienst voor Wetenschappelijke en Technische Informatie (Belgium) ), a leading provider of e-business solutions, today announced that it has received institutional investments of approximately $3.7 million in two separate registered sales of shares of the Company's common stock and shares of the Company's 8% Series C Convertible Preferred Stock Convertible Preferred Stock

Preferred stock that includes an option for the holder to convert the preferred shares into a fixed number of common shares, usually anytime after a predetermined date. Also known as "convertible preferred shares".
, respectively.

The funds will be used for general working capital purposes.

Dataware is a leading provider of e-business solutions to Global 2000 and "dot-com" companies worldwide. Dataware uses a unique combination of its proven Xcellera methodology, cutting-edge skills, superior technology components, and significant experience to deliver innovative Internet-based solutions at Net Speed. Dataware solutions extend the Internet's potential to provide customers with key competitive and operative OPERATIVE. A workman; one employed to perform labor for another.
     2. This word is used in the bankrupt law of 19th August, 1841, s. 5, which directs that any person who shall have performed any labor as an operative in the service of any bankrupt shall be
 advantages. The Company is headquartered in Cambridge, Mass., with offices throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, and Asia. For more information, please visit www.dataware.com or call 617-621-0820 (USA), or 44-(0)-1895-827200 (International).
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Publication:Business Wire
Geographic Code:1USA
Date:Sep 5, 2000
Words:156
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