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ViewCast Extends Public Warrant Expiration Date and Reduces Exercise Price
DALLAS
- Jan. 24, 2006 - ViewCast Corporation (OTCBB:VCST), 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.
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ViewCast Helps Dallas Church Broadcast Christmas Service Live on Internet
DALLAS
- Dec. 22, 2005 - Some members of the Lovers Lane United Methodist Church will participate in its "Silent Night" contemporary Christmas worship service this year without actually being there. Thanks to Dallas-based ViewCast� Corporation (OTCBB:VCST - News), the church will broadcast the service live over the Internet, reaching out to its widespread congregation in an unprecedented manner.
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