CE Software, Inc. - Press Releases & Announcements

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FOR RELEASE: Wednesday, August 2, 2000, 8 a.m. EST

Company Contact
John S. Kirk, President
CE Software, Inc.
john.kirk@cesoft.com
(515) 221-1801


CE Software, Inc. Stock Commences Trading
Company begins active trading on the OTC Bulletin Board market under the symbol CESW

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 LROD.

"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.

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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.

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