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Nanosignal !Die Wahrheit und nichts als die Wahrheit - 500 Beiträge pro Seite



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BW5681 DEC 16,2004 10:48 PACIFIC 13:48 EASTERN



( BW)(NV-NANOSIGNAL)(NNOS) NanoSignal Corp. Disavows any Truth toRumors Regarding a Reverse Split and Clarifies Call for Certificates

Business Editors

LAS VEGAS--(BUSINESS WIRE)--Dec. 16, 2004--NanoSignal Corp. (PinkSheets: NNOS) is compelled to once again instruct shareholders thatonly publicly disclosed information issued by the company is to beregarded as true and accurate.
" There is absolutely no truth to the rumors that the company isplanning a reverse split of our shares," said Ernie Bartels, presidentof NanoSignal. " In fact, there have not even been any discussions ofany nature by the officers or directors as to a reverse split," hecontinued.
" Notwithstanding that the company is in the final stages ofnegotiations for tangible assets and income-producing businessventures that will allow for positive cash flow to support thecompletion of SLICES(TM) compatibility, none of those acquisitionswould require a reverse splitting of shares; and no discussions by anydirector, officer, nor person directly affiliated with the company hasever even heard that a reverse split would take place," said Sir Dr.Rupert Perrin, chairman of the board.
" The board of directors and its officers have unanimouslyconcurred to immediately seek the advice of legal counsel as to thesteps necessary to subpoena the confidential records of Raging Bull,Yahoo!, AOL, CBS Market Watch, and other message boards in order toobtain the URL addresses and identities of those parties who areposting unprotected defamatory statements about the company as fact," said Dr. Lawrence Madoff.
" The continued spreading of falsehoods and innuendo on the messageboards has now escalated to the point where these ´bashers´ arestriking to heart of shareholder value, liquidity, and confidence byattempting to stimulate the belief that a dilution to shares would beforthcoming. That is simply not the truth," said Scott Ervin(director).
" Ernie Bartels has the company well in hand," added Perrin. " I amconfident that through Ernie´s and Mike Devenney´s efforts andlong-standing associations, our goal of growing the company andenhancing shareholder value will be attained in very short order."
Judging from the number of calls to the company, the main issue ofinterest to shareholders is the " Mandatory Call of Certificates" thatwas requested in the release of Dec. 10, 2004. Madoff clarified, " Inadvance of the company´s annual shareholder meeting, the company wouldlike to conduct a legal audit of its outstanding shares and quantifythe differential between its shareholders of record and itsshareholders not of record. By calling for a legal audit of shares,the company will better be able to identify the actual number ofshareholders and share counts. This is essential to both the effort tocombat ´Naked Shorting´ and effort to issue the all-important votingrights by shareholders."
The company therefore requests the shareholders to instruct theirstockbrokers to cause their shares to be taken off DTC, DTCC and/orthe NSCC and out of " street name." Madoff further clarified, " The goalis to have as many shares as possible be duly registered with HolladayStock Transfer Co. in the name of the shareholders with the physicalcertificate to be delivered to the shareholders. Moreover, we areexamining the efficacy of initiating the re-issuance of physicalcertificates with inherent anti-forgery protections presently employedby others."
Upon receipt of their certificate(s), shareholders should make acopy (front and back) of their certificates and mail or forward themto the company for verification. See contact information at the end ofthis press release for address and fax.

NOTE: This press release contains statements that may constituteforward-looking statements pursuant to the safe harbor provisions ofthe Private Litigation Reform Act of 1995. These forward-lookingstatements are based on current expectations and assumptions, andinvolve a number of uncertainties and risks that could cause actualresults to differ materially from those currently expressed in anysuch forward-looking statements. The forward-looking statements hereinspeak only as of the date of this press release. NanoSignal does notundertake to update any forward-looking statement that may be madefrom time to time by it or on behalf of NanoSignal. This report hasbeen compiled from information provided by NanoSignal Corp.(" NanoSignal" or the " company" ). This report is published solely forinformation purposes, and is not to be construed as an offer to sellnor the solicitation of an offer to buy any security in any state orother jurisdiction. Investment in the securities of the company shouldonly be considered by persons who are aware of, suited to and able tobear the risks involved.

--30--TWT/ix* CONTACT: NanoSignal Corp. 5440 W. Sahara Ave, Suite 206 Las Vegas, NV 89146 702-876-3655 Fax: 702-876-4794 or Princeton Research Inc. Mike King, 702-650-3000 Fax: 702-697-8944 KEYWORD: NEVADA INDUSTRY KEYWORD: SOFTWARE MEDICAL DEVICES SOURCE: NanoSignal Corp.Copyright Business Wire 2004

(c) 2004 Business Wire. All reproduction, other than for an individual user`s reference, is prohibited without prior written permission.


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