Narrowstep Inc Announces Effectiveness of Registration Statement
August 16 2005 - 4:05PM
PR Newswire (US)
LONDON, Aug. 16 /PRNewswire-FirstCall/ -- Narrowstep(TM) Inc.,
(OTC:NRWS) (BULLETIN BOARD: NRWS) , the TV on the Internet Company,
announced today that Post-Effective Amendment No. 2 to its
Registration Statement on Form SB-2, filed on August 8, 2005, was
declared effective by the U.S. Securities and Exchange Commission
(SEC) on August 15, 2005. The Registration Statement covers the
sale of 18,459,618 shares of the Company's common stock owned by
existing shareholders. Narrowstep had previously announced that it
expected the amended Registration Statement to be declared
effective in September. About Narrowstep Inc. Narrowstep Inc.
(OTC:NRWS) (BULLETIN BOARD: NRWS) is a leading provider of
internet-based video content delivery. Narrowstep's product and
service offerings enable customers to distribute channels of
video-based content and provide related services over the internet.
The Narrowstep system, TV Station in a Box(TM), enables
comprehensive delivery of video content and television-like
programming to mobile, wireless, internet, broadband and broadcast
services. The Narrowstep system enables owners and users of video
content to reach audiences by "narrowcasting" -- targeting delivery
of specific content to interested groups. Narrowstep provides
services to clients in the United Kingdom, the United States, and
various other countries throughout the world, including Germany,
Sweden and the Netherlands. To learn more, visit
http://www.narrowstep.com/. Forward Looking Statement Certain
statements in this news release constitute "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements involve known
or unknown risks, including those detailed in the Company's filings
with the Securities and Exchange Commission, uncertainties and
other factors which may cause the actual results, performance or
achievements of the Company, or industry results, to be materially
different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Readers
are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date hereof. Contact: Allen
& Caron (investors) Narrowstep Inc. Joseph Allen Andria Allan,
Director of PR 212 691 8087 +44 7810 283098 DATASOURCE: Narrowstep
Inc. CONTACT: Investors, Joseph Allen of Allen & Caron,
+1-212-691-8087, , for Narrowstep Inc.; or Andria Allan, Director
of PR of Narrowstep Inc., +44 7810 283098, Web site:
http://www.narrowstep.com/
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