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Wednesday, 06/11/2003 8:52:12 PM

Wednesday, June 11, 2003 8:52:12 PM

Post# of 78729
New Visual Corporation Renaming Submission Process

Date :
Wed, 11 Jun 2003 17:37:13 -0700



New Visual Corporation Renaming Submission Process

Time:
Now until 5:00pm PST, June 20th

Who:
Employees, Directors, Suppliers, Shareholders and Other Friends of the Company

Purpose:
New Visual Corporation is now solely focused on developing and marketing its
semiconductor technology. It will begin to market itself to the
telecommunications industry and to current and potential investors as a
technology company. New Visual Corporation now needs a new name, and it invites
you to submit your ideas.

Criteria:
1. Name will have the form "__________ Semiconductor Corporation".

2. Preference is given for a name that will sound good to the engineers at our
target customers first, and then to investors second.

3. Preference is given to a name that has some sort of meaning first, and then
to made-up words second.

4. Name should lend itself to the BBX symbol, which starts with an "X", and then
has three letters. An example, should IBM join the BBX, would be XIBM.

Submission Process:
1. Send your ideas to name@newvisual.com, or fax to 619-330-4873.

2. Send as many as you like, as many times as you like.

3. There is no need to write out "Semiconductor Corporation", since all of the
names will end that way.

4. Once we receive your email, we will copy and paste your ideas to a master
list, but will not copy your name. This way, our decisionmaking will be
impartial. We will retain your original email so that we can later verify who
was the author of the name.

Decisionmaking Process:
1. After June 20th, Executives will narrow the list down to a few top
contenders.

2. Search will be done regarding trademark, domain, etc.

3. Those that emerge from this search will be reconsidered by executives.

4. CEO will make final decision and recommend one name to the Board of
Directors.

5. BOD will vote it up or down; if approved, they will recommend it to the
shareholders for vote.

6. Shareholders will vote it up or down; if approved, it will become effective
at the end of the transition period.

7. Transition plan (stock symbol, logo, printed materials, stock certificates,
web site, etc.) will be developed and executed.

8. Transition period will be complete September 15th, and the Company will begin
using the new name.

Disclaimer:
If you submit an idea to the Company, you will not own it, nor be compensated
for it now or in the future.







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