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Group V to Initiate Stock Buy Back Program; Company will purchase up to 10 million outstanding shares.

SAN FRANCISCO--(BUSINESS WIRE)--May 10, 1999--

Group V Corporation (OTC BB: GRPV) announced today that it will initiate the stock buy back program approved at the Company's stockholders meeting in May of 1997. The Company will buy back up to ten million (10,000,000) of its outstanding shares.

Ttion, the Company will endeavor to repurchase these outstanding shares prior to announcing the next stockholders meeting scheduled for later this year.

Group V Chairman and President, Joseph Monterosso explained, "Initiating the stock buy back at this time will not only reduce the number of free trading shares outstanding, it will also reduce the considerable costs associated in communicating with such a large stockholder base. We will be able to better manage the base group and improve communication with our sttalAxcess.com, Inc.

Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involsuppliers, intellectual property rights and other risks detailed from time to time in the Company's periodico your home page.

o InstallShield Express

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 About InstallShield Software Corp.

 InstallShield Software Corp. (www.installshield.com) is a
provider of innovative software deployment tools. Founded in 1987, the
privately held company is recognized worldwide as the leader in
software deployment technologies. Products include InstallShield(R)
Professional, InstallShield(R) Express(TM), InstallShield(R) Java(TM)
Edition, InstallFromTheWeb(R), PackageForTheWeb(R), and DemoShield(R).
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 (c)1999 InstallShield Software Corp. All rights reserved. The
InstallShield Yellow-Pad Checklist is protected by United States
Patent D395,651. InstallShield is a registered trademark and service
mark of InstallShield Software Corp. DemoShield is a service mark and
a registered trademark of InstallShield Software Corp. in the United
States and/or other countries. InstallFromTheWeb and PackageForTheWeb
are registered trademarks of InstallShield Software Corp. in the
United States and/or other countries. The Express Wizard and
InstallShield Objects are trademarks of InstallShield Software Corp.
Microsoft, Windows, Access 97, Visual Basic and Windows NT are either
registered trademarks or trademarks of Microsoft Corp. in the United
States and/or other countries. Java and all Java-based trademarks and
logos are trademarks or registered trademarks of Sun Microsystems
Inc., in the U.S. and/or other countries. All other trademarks or
service marks are property of their respective owners.


COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:May 10, 1999
Words:753
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