Announcement - posted on June 20, 2000.
CE Software, Inc. Stock Issued June 13, 2000
As previously announced, CE Software, Inc. was spun off from CE Software Holdings,
Inc. just prior to the merger of Lightning Rod Software, Inc. into CE Software Holdings,
Inc. The spin off occurred effective with the close of business on Friday, April
28 (the "Record Time"). The merger occurred shortly thereafter.
Everyone who owned CE Software Holdings, Inc. in certificate form at the Record
Time should now have received their CE Software, Inc. certificates. A delay was experienced
in distributing CE Software, Inc. certificates to those who held their CE Software
Holdings, Inc. stock in their brokerage accounts at the Record Time. We expect these
shareholders to receive their CE Software, Inc. stock within the next few days.
Consistent with earlier announcements, one share of CE Software, Inc. has been
distributed for each share of CE Software Holdings, Inc. held at the Record Time.
We are hopeful that trading on the OTC Bulletin Board will begin within a week
to ten days, subject to NASD approval.