EBT Inc. Announces Their Internet Web Site For Outdoor Advertisers.AUSTIN, Texas--(BUSINESS WIRE)--July 14, 1999-- SI Diamond Technology Inc.'s (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:SIDT SIDT Solomon Islands Development Trust SIDT Store Interrupt Descriptor Table SIDT Support Initiatives in Development Trust (India) ) wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , EBT EBT See: Earnings Before Taxes Inc. Wednesday announced the creation of a dedicated Web site (www.ebillboard.net) designed to use the company's proprietary system and software to benefit the outdoor advertising community. This Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the service will be demonstrated at the company's official VERSAtile(TM) electronic billboard product introduction on July 15 in Austin. The new Web site will be utilized in the future by enabling outdoor advertisers to send images over the Internet onto an electronic billboard of their choice by simply executing a series of computer commands. Outdoor advertising on the Web will open the billboard industry to limitless opportunities with regard to the placement and timing of advertisements across the country. "I am pleased to be able to offer this Internet capability to our customers as part of our VERSAtile(TM) electronic billboard package," said Marc Eller, chairman 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. . SI Diamond Technology is a holding company consisting of two subsidiaries. The Field Emission Picture Element Technology (FEPET), a majority owned subsidiary, is developing products for applications utilizing SIDT's proprietary field emission technology. The Electronic Billboard Technology (EBT), a wholly owned subsidiary, is geared toward the commercialization of electronic digitized sign technology. 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 This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Act of 1934, and is subject to the safe harbor created by those sections. The company's actual results could differ materially from those projected in the forward-looking information. Future results may be impacted by risk factors listed from time to time in SIDT's SEC reports. SI Diamond Technology Inc. disclaims any intent or obligation to update forward-looking information. |
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