Omicron Technologies Completes Terms of $5 Million Financing.BELLINGHAM, Wash.--(BUSINESS WIRE)--Sept. 23, 1999-- Omicron Technologies' (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: OGPS) Chief Financial Officer, Sak Narwal, is pleased to announce that the company has finalized the terms of a $5 million financing with investment bankers Corporate Capital Management of Minnesota. The initial $1 Million will be financed by Corporate Capital themselves and forwarded to Omicron within the next several days. Corporate Capital have agreed to place the remaining $4 Million of this financing with their clients within the next few weeks. The proceeds of these financings will be used to complete and market Omicron's Internet gaming software, to expand Cyberweb Systems' operations to a larger facility and to further the development and marketing of Interactive Radio Corporation's prototype. "This financing provides Omicron with the necessary funds to take the company's Internet gaming division from the development stage to the revenue producing stage and to take Interactive Radio Corporation to the next level," said Sak Narwal, CFO See Chief Financial Officer. . Omicron Technologies, Inc. is in the business of acquisition, research and development, and marketing of leading edge technologies and Internet-based business concepts. Through a combined strategy of focusing on specific marketing niches and speedy development of its proprietary technologies, Omicron expects to gain significant market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" in these areas. For further information, contact us toll free at: Telephone : 877-903-2288 Web sites www.omicrontechnologies.com www.radiosat.com 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 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 im·pre·cise adj. Not precise. im  pre·cise ly adv. of reserve estimates and the company's ability to replace and expand reserves.
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