RFID Stockholder Bonus.NEW YORK--(BUSINESS WIRE)--April 30, 1999-- RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. Systems Corp. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: RFID); announces that as part of its acquisition by and merger into Electronic Identification, Inc. ("EI(2)"), EI(2) will begin trading on the Over-the-Counter Bulletin Board, Monday, May 3, 1999, under the symbol "EISQ". EI(2)'s Cusip Number CUSIP Number An identification number assigned to all stocks and registered bonds. The Committee on Uniform Securities Identification Procedures (CUSIP) oversees the entire CUSIP system. Notes: This system is used in the U.S. and Canada. is 285734-10-9 and its transfer agent is Olde Monmouth Stock Transfer Company, 77 Memorial Drive, Atlantic Highlands, NJ 07716. RFID's last trading date is April 30, 1999. As a bonus to stockholders of RFID who send in their RFID stock certificates for transfer into certificates representing shares of EI(2) prior to May 29, 1999, EI(2) will give all such RFID stockholders the right to purchase, for every ten shares owned and tendered, an additional share of common stock at 75% of the market price of EI(2) stock as of the date of exercise. The rights will be exercisable for 30 days after the underlying shares become freely tradable. Market price will be the average closing price of EI(2) stock for the five days preceding exercise. RFID stockholders who deliver their certificates after May 29, 1999 will not receive the right to purchase additional shares of EI(2). 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. in this release are made pursuant to the "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. " provisions of the Private Securities Litigation Reform act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties including, without limitation, continued acceptance of the company's products, competition, new products and technological changes, intellectual property rights and other risks. |
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