ATC Technologies
Corporation Completes A Reverse Take-Over
|
|
Effective at the opening this morning, ATC Technologies
Corp. resumed trading on the Vancouver Stock Exchange having completed a Reverse
Take-over. The company is classified as a "Venture" company and trades under the
symbol "ATE".
ATC Technologies is engaged in the development and marketing of specialized OEM (original
equipment manufacturers) software for the automotive repair industry. The company has
signed OEM licenses with six corporations serving markets in North America, Great Britain
and the Asian Pacific Rim.
The company's capitalization is 50 million shares with no par value of which 3,997,163
shares are issued and outstanding (including 800,000 in escrow). Sprott Securities Limited
is the sponsoring member and Montreal Trust Company is the transfer agent.
For further information, please refer to the company's Filing Statement dated May 15,
1997.
ATC TECHNOLOGIES CORPORATION
Anthony P. Mayer, President
3650 Wesbrook Mall
Vancouver, BC V6S 2L2
Phone: (604) 221-1150
|
--30--
Back
to Index of News Releases |
