FOR RELEASE: Wednesday, August 2, 2000, 8 a.m. EST
John S. Kirk, President
CE Software, Inc.
CE Software, Inc. Stock Commences Trading
Company begins active trading on the OTC Bulletin Board market under the symbol
West Des Moines, Iowa, August 2, 2000 - CE SOFTWARE, INC. (OTCBB Symbol:
CESW) today announced that its common stock commenced active trading on the OTC Bulletin
Board market on Friday, July 28, 2000.
CE Software, Inc. stock (CESW) was issued as a taxable dividend to the shareholders
of record of CE Software Holdings, Inc. (CESH) as of the close of business on April
28, 2000. This distribution was approved at the CESH annual shareholder meeting on
April 27, 2000. The spin-off of CESW occurred immediately prior to the CESH merger
with Lightning Rod Software, Inc. Subsequently, CESH changed its name to Lightning
Rod Software, Inc., and is now trading on the Nasdaq SmallCap Market under the symbol
"We are excited to be trading as a public company and welcome our new shareholders.
Our commitment to our shareholders and customers will be an important focus,"
said John S. Kirk, President of CE Software, Inc. "We believe that Lightning
Rod Software will value the dividend distribution, and therefore the tax basis, at
18.7 cents per share."
The broker sponsoring the company's listing on the OTC Bulletin Board is Equity
Securities, Minneapolis, Minnesota, (800) 231-8364. For more information on the companies,
the respective Web sites are www.cesoft.com for CE Software, Inc. and www.lightrodsoft.com
for Lightning Rod Software, Inc.
CE Software, Inc.
Since 1981, CE Software, Inc. has developed automation utilities and E-mail software
that save time and effort for millions of Microsoft Windows 95/98/00, Windows NT
and Macintosh users. CE Software, Inc. products include QuicKeys, QuickMail and Meeper.
Copyright 2000 CE Software, Inc. All rights reserved. QuicKeys,
QuickMail, Meeper, CE Software, CE and the CE Software logo are trademarks. QuicKeys
is a registered trademark of CE Software, Inc. All other brand or product names are
trademarks of their respective owners.