NEWS RELEASE OF THIS MORNING. PLSE READFriday February 18, 7:45 am Eastern Time
Company Press Release
SOURCE: Multiactive Software Inc.
Multiactive Software Inc. Engages Taurus Capital
Markets Inc. As Agent for Special Warrant Offering
VANCOUVER, British Columbia, Feb. 18 /PRNewswire/ -- Multiactive Software Inc. (Toronto: E - news), a leading
provider of e-business front office solutions, announced today that it has engaged a syndicate of investment dealers to be led by
Taurus Capital Markets Inc., of Toronto as its agent to arrange subscriptions for an issue of common shares by Multiactive.
The gross proceeds of the issue, which will be by a private placement of Special Warrants, is expected to be in the range of
$10 million. Multiactive expects to complete the private placement by early March 2000.
About Multiactive Software
Multiactive Software Inc. is a leading developer of innovative e-business, sales, marketing, and customer management
software, including the Entice!(TM), ecBuilder®, and Maximizer(TM) product lines. Designed to attract and retain customers,
these award-winning applications are used by more than a million people worldwide.
Multiactive Software has won numerous awards over its 13-year history. This includes the recent distinctions of the ``Best of
COMDEX/Fall 1999'' award from PC WEEK, the Computer Reseller News ``Recommended'' award, and finalist for the
Software & Information Industry Association's 2000 Codie Awards in the category of ``E-commerce Software - Best
Product.'' Multiactive also won a Codie award for developing the ``Best Internet Commerce Software'' of 1999.
The company has offices located throughout North America, Latin America, Europe, and Asia Pacific and a customer base that
includes such leading companies and institutions as Siemens, BankBoston, Travelers Insurance, Virgin Records, and Pennzoil.
To find out more about Multiactive Software and its products, call 800-804-6299 or visit www.multiactive.com.
This release may contain certain forward-looking statements reflecting Multiactive Software Inc.'s current expectations in the
electronic business and sales and customer management software markets. Investors are cautioned that all forward-looking
statements involve risks and uncertainties, including, without limitation, changes in market and competition, technological and
competitive developments, and potential downturns in economic conditions generally. Additional information on these and other
potential factors that could affect the Company's financial results are detailed in documents filed from time to time with the
Ontario Securities Commission.
NOTE: All trademarks or registered trademarks stated herein are properties of their respective owners.
SOURCE: Multiactive Software Inc.
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