VideoLabs Incorporated Changes Its Name to E.mergent Incorporated.Business Editors MINNEAPOLIS--(BUSINESS WIRE)--June 28, 2000 VideoLabs Incorporated (Nasdaq:VLAB) today announced that shareholders have voted to change its name to E.mergent Incorporated, effective July 3, 2000. This new name for the company reflects our intent to continue to pursue emerging technologies and services in multimedia-rich collaborative communications. The Company will be listed on NASDAQ under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors EMRT EMRT Equine Muscle Release Therapy (Bowen Training UK) EMRT Emergency Medical Response Team (US Army; Medical Command) . "E.mergent Incorporated is a more appropriate name for our solutions-focused company. We continue to invest and grow both of our current divisions: VideoLabs will continue as a division and stay focused as a manufacturer of collaboration appliances for the dealer channel, while the Acoustic Communication Systems division will continue as our services and systems division providing the integration application services See ASP and Web services. that allow communication technologies to create value for customers," said James Hansen For the American politician from Idaho, see Jim D. Hansen. For the American politician from Utah, see James V. Hansen. James E. Hansen (born March 29 1941 in Denison, Iowa) heads the NASA Goddard Institute for Space Studies[1] , VideoLabs chairman and chief executive officer. "All administrative functions will be combined for efficiency purposes and this combination will allow all of our divisions to operate with a brand image separate from each other." VideoLabs Incorporated was formed in 1992 and the company's stock has been publicly traded since 1994, when VideoLabs first offered its common stock to the public. For more information on E.mergent Incorporated and investor information visit the company's web site at www.emergentincorporated.com, which will also be launched on July 3, 2000. The Company's headquarters is located at 5960 Golden Hills Drive, Minneapolis, MN 55416-1040, phone: 763-417-4257, fax: 763-542-0069. Certain matters in the press release are forward looking statements made under 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. All forward-looking statements involve risk and uncertainties. |
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