you may remember this from last year:
ViewCast Extends Public Warrant Expiration Date and Reduces Exercise Price
DALLAS — Jan. 24, 2006 — ViewCast Corporation (VCST.OB), a leading global provider of high-quality audio and video communication products, announced today that the Board of Directors voted to extend the expiration date on the public and public equivalent common stock purchase warrants from the current expiration date of February 3, 2006. The new expiration date on these warrants will be February 3, 2007. Additionally, the Board of Directors voted to decrease the exercise price of these warrants to $0.275 per share from $1.00 per share beginning on March 1, 2006, until the warrant expiration date. The warrants are redeemable by the company under certain conditions. As of December 31, 2005, approximately 3,900,000 public and public equivalent warrants were outstanding.
"The decision to extend the expiration date on the public warrants is driven by the company's improved operating performance," said George Platt, chief executive officer of ViewCast Corporation. "Growth is our primary objective, and the additional capital made available through the extension of these warrants will help expand our business. We appreciate the loyalty and commitment of ViewCast warrant holders as we continue working to reward their patience with more promising investment opportunities and a larger, more profitable company."
About ViewCast Corporation
ViewCast® develops video and audio communication products for delivering content dynamically via a variety of network types and protocols. These products include Osprey® Video capture cards, Niagara® video encoders/servers and ViewCast® IVN enterprise software and systems. Our products address the video capture, processing and delivery requirements for a broad range of applications and markets. Visit the company's Web site for more information.
prof
News 
Market Data 
Discover 
