Log Point Answers Shareholders.MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Sept. 9, 1998--Log Point Technologies Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:LGPT LGPT Laser Gated and Pumped Thyristor ) and its Investor Relations Investor relations The process by which the corporation communicates with its investors. department have received several phone calls over the past few days about the company's progress. The company would like to state that although plans are moving slower than originally anticipated, the company is making tremendous progress in achieving its goals, not only for the company but for its shareholders. The Log Point design team has partially implemented pipeline versions of its high performance number processing technology that range in throughput from 100 million floating point operations per second Noun 1. million floating point operations per second - (computer science) a unit for measuring the speed of a computer system megaflop, MFLOP computer science, computing - the branch of engineering science that studies (with the aid of computers) computable to several tens of billions of floating point operations per second. This blinding speed, coupled with small silicon area, gives Log Point a tremendous competitive advantage over other companies in the floating point arena. In a parallel effort, Log Point is implementing a 128 bit-wide data bus processor chip that will be substantially smaller and more than 10 times faster than what is available for other graphics accelerator A display adapter that performs a specialized set of graphics functions to render an image on screen. Today, all display adapters provide basic rendering functions in hardware, but many have graphics processing units (GPUs) that are sophisticated computers. chips presently being developed by other companies. Log Point is diligently negotiating with microprocessor, graphics accelerator and other digital signal processing See DSP. Digital Signal Processing - (DSP) Computer manipulation of analog signals (commonly sound or image) which have been converted to digital form (sampled). companies to use its superior technology. However, shareholders must understand, to maintain the integrity of the company's shareholder value, Log Point will not sign any hasty contracts for short term revenue at the expense of long term revenue potential. These contracts must be structured such that Log Point controls its destiny by retaining control over its technology. We want to emphasize, once again, that shareholder value is our number one priority. The company is confident everyone will be rewarded in the near future. For further information please contact Pat Vitucci, Investor Relations, 609/748-0563. 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 press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. These statements involve known and unknown risks and uncertainties which may cause the company's actual results in the future periods to differ materially from the forecasted results. These risks and uncertainties include, among other things, product price volatility, demand, competition, risk inherent in the company's domestic and international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. , imprecision in estimating product reserves and the company's ability to replace and expand its holdings.
CONTACT: Investor Relations
Pat Vitucci, 609/748-0563
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