NUWAVE Launches New Linux Website; Accesses Linux Environment Representing 61% Market Share Of Network Servers.Business & High-Tech Editors FAIRFIELD, N.J.--(BUSINESS WIRE)--June 19, 2000 NUWAVE 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 :WAVE) today announced the launching of its new Linux website www.linuxnuwave.com. This new website introduces NUWAVE Technologies to a new growing community of computer users offering free open source format software and instruction to use its imaging software in the Linux environment. NUWAVE imaging technology corrects, manipulates and enhances images and videos in servers today using Microsoft(R) operating software and now expands its market base by including Linux operating software that IDC reports is expected to show annual growth of 25% though 2003. This new website gains NUWAVE entry into the quickly growing Linux market. The Linux platform enjoys a 61% market share of network servers in a market that is growing at 25% annually. NUWAVE will service the increasing demand to enhance videos and images on the 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 by offering our unique filters and providing the user with a variety of sources of information available on the Internet. Operating on these Internet servers offers NUWAVE significant exposure to this rapidly growing cyber (1) From "cybernetics," it is a prefix attached to everyday words to add a computer, electronic or online connotation. The term is similar to "virtual," but the latter is used more frequently. See virtual. market. "This endeavor broadens the awareness of the image enhancement See image editing. technologies offered by NUWAVE in the imaging marketplace and presents additional opportunities to NUWAVE by addressing this market of computer users who employ the Linux platform as Internet servers, for programming, or for using high-end applications," said Jerry Zarin, 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. of NUWAVE Technologies, Inc. Catering to the novice Linux user, this new site provides a wealth of information from how to implement programs within the Linux platform to directories of where to get the latest information about the Linux OS. The website will also offer seven free downloadable NUWAVE filters for use in the plug-in for the popular Linux imaging application called GNU gnu (n ) or wildebeest (wĭl`dəbēst'), large African antelope, genus Connochaetes. Image Manipulation Program (GIMP (GNU Image Manipulation Program) An open source paint and image editing program for Unix, X Window and Mac OS X that originated as an undergraduate project by Peter Mattis and Spencer Kimball at the University of California, Berkeley. ). NUWAVE developed the popular PicturePrep(TM) 2000 software for Windows that corrects and enhances digital photos and movies---available exclusively at http://www.PicturePrep.com. NUWAVE Technologies, Inc. (http://www.nuwaveinc.com/) develops proprietary, state-of-the-art picture and video enhancement technologies for commercialization. These technologies are designed to enrich picture and video output with clearer, more defined detail in texture, color, contrast, and tone, at a low cost, in breakthrough products, such as PicturePrep(TM) 2000 and www.PicturePrepClub.com(TM). This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. which involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated in such forward looking statements as a result of certain factors, including those set forth in the Company's filings with the Securities and Exchange Commission. |
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