IMSI Announces Relisting to OTC Bulletin Board.Business Editors and High-Tech Writers NOVATO, Calif.--(BUSINESS WIRE)--Dec. 27, 2000 IMSI(R), (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :IMSI), developer of design software including TurboCAD(R) and FloorPlan3D(R), and owner of ArtToday.com and Design.NET, Wednesday announced that the company's common shares are once again trading on the Over the Counter Bulletin Board (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB) under the symbol IMSI. The OTC BB is a regulated quotation service that displays real-time quotes. To be eligible for quotation on the OTC BB, issuers must remain current in their filings with the SEC. IMSI filed with the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). this month to be re-listed on the OTC BB since the company has complied with the Eligibility Rule of the OTC BB. Its filing was accepted and approved by the SEC. IMSI financial filings are available at www.SEC.gov and www.edgar-online.com. "IMSI is in the midst Adv. 1. in the midst - the middle or central part or point; "in the midst of the forest"; "could he walk out in the midst of his piece?" midmost of turning its business around, and regaining our OTC listing is yet another positive step that we have accomplished over the past several months," said Geoff Koblick, president and CEO of IMSI. "We are pleased to be represented with real-time quotations to the broad range of investors, traders and institutions that are a part of 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. ." IMSI owns and operates three business divisions: Design Software, ArtToday.com and Design.NET. The company's Design software division is based on award-winning TurboCAD computer aided design (application) Computer Aided Design - (CAD) The part of CAE concerning the drawing or physical layout steps of engineering design. Often found in the phrase "CAD/CAM" for ".. manufacturing". software (winner of PC Direct Editor's Choice -- see TurboCAD.com) and FloorPlan3D home design software (winner of PC Magazine Editor's Choice -- see FloorPlan.com). The company has sold more than 2 million units of these software products to date and has invested 15 years in the development of this technology. ArtToday.com is a 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. of IMSI and offers more than 1 million images, photos, fonts and other digital content over the Internet. It has 1.4 million members and 150,000 paying subscribers, and is the 350th most visited Web site in the world according to PC Data Online. The company's Design.NET division's charter is to offer 3D design, viewing and editing in real time over the Internet. Note to Editors: IMSI is a registered trademark of International Microcomputer Software Inc. All other products are the trademarks or registered trademarks of their respective owners. |
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