SoftQuad International Inc. Announces Corporate Name Change to NewKidCo International Inc.TORONTO--(BUSINESS WIRE)--Jan. 26, 1999--SoftQuad International Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:SWEBF)(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :SKI), announced today that it has received shareholder approval to change its name to NewKidCo International Inc. The name change will be implemented on receipt of all necessary regulatory approvals. "This new name accurately reflects our strategy to focus on young children's video game publishing" said Richard Rabins, 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 NewKidCo International Inc. "In addition, our new name will allow investors and the financial community to recognize and obtain information on our company more easily, as we work to establish the NewKidCo brand as the leading provider of next generation games for next generation kids." About NewKidCo International: Alpha Software Corporation (Alpha, Alpha Software), based in Burlington, Mass. is a wholly-owned operating company of NewKidCo International Inc. (OTC BB: SWEBF; TSE:NKC NKC North Kansas City NKC National Kennel Club (Blaine, TN) NKC Northwest Kidney Centers (Seattle, Washington) NKC Natural Killer Cell NKC Nat King Cole (singer) ) Alpha Software owns controlling interest in NewKidCo LLC, a joint venture publishing video games for young children on "next generation" game console systems. NewKidCo's mission is to become the leading provider in the children's video game category with such popular licensed properties as Sesame Street's `Elmo' from Children's Television Workshop Children's Television Workshop: see Cooney, Joan Ganz. (R) and Steven Spielberg presents TINY TOON Adventures Steven Spielberg Presents Tiny Toon Adventures (also known as Tiny Toon Adventures or Tiny Toons) is an American animated television series created and produced as a collaborative effort between Steven Spielberg and Warner Bros. Animation. (R) from Warner Bros. NewKidCo's products are sold nationwide through the retail channel. For more information please visit http://www.newkidco.com For more information: Steven H. Schneider NewKidCo International Inc. (781) 229-2924 investor@newkidco.com Press material can be accessed at http://www.newkidco.com Forward-looking statements in this release are made pursuant to the safe harbor 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 all forward-looking statements involve risk and uncertainties, including without limitation risks of intellectual property rights and 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. , risks in technology development and commercialization, risks in product development and market acceptance of and demand for the Company's products, risks of downturns in economic conditions generally, risks associated with competition and competitive pricing pressures, risks associated with foreign sales, risks associates with the sell-through of products in the sales channels, risks associated with customer concentration and other risks detailed in the Company's filings with the Securities and Exchange Commission. |
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