Financing Update for Omicron Technologies, Inc.MIAMI--(BUSINESS WIRE)--Dec. 18, 1998--Omicron Technologies, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:OGPS) (the "Company") is pleased to announce it is currently pursuing several financing alternatives. The Company expects to announce further details regarding the progress of its financing efforts in early 1999. Omicron Technologies, Inc. was established for the purpose of acquiring, developing and commercializing leading edge technology. The Company is a joint venture partner with ViaSpace Technologies, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control of Altadena, California to develop new imaging systems based on Active Pixel Sensor An active-pixel sensor (APS), also commonly written active pixel sensor, is an image sensor consisting of an integrated circuit containing an array of pixel sensors, each containing a photodetector and connecting to an active transistor reset and readout circuit. (APS) technology. This cutting edge digital imaging technology holds great promise to largely replace Charged Coupled Devices (CCDs), which are currently the heart of camcorders and virtually all other video applications the world over. Omicron Technologies Inc. is a public company trading on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. under the symbol OGPS. OMICRON TECHNOLOGIES, INC. Barrett Sleeman, President NOTE: 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. for Forward-Looking Statements Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, volatility of prices, product demand, market compensation, risk inherent in the company's international operations, imprecision of reserve estimates and the company's ability to replace and expand reserves. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion