QuStream Corporation Grants Options to CHF Investor Relations
11 July 2008 - 7:06AM
Marketwired Canada
QuStream Corporation ("QuStream" or the "Company") (TSX VENTURE:QVC), an
innovative global provider of high-definition (HD) broadcast solutions selected
by NBC to outfit their facilities for coverage of the 2008 Beijing Olympics,
today reported that its Board of Directors has granted incentive stock options
to CHF Investor Relations as part of its compensation for IR services for which
they have been engaged since April 2008.
Subject to approval by the TSX Venture Exchange CHF Investor Relations is the
recipient of 70,000 options to purchase QuStream shares at an exercise price of
$0.90 per share, vesting in equal portions over five years and expiring on May
24, 2013.
About QuStream Corporation:
QuStream, embracing the PESA brand and FortelDTV(TM) technology, is a global
provider of integrated solutions to the creators and distributors of
professional video content including the high-definition television and
professional audio/video market segments. QuStream is headquartered in Toronto,
Canada, with offices in the U.S., Europe and Asia. For more information, visit
QuStream at www.qustream.com.
To receive Company news by email, please send a message to sasha@chfir.com
indicating "QuStream news" on the subject line.
Forward-Looking Statements
The statements made in this press release that are not historical facts contain
forward-looking information that involves risk and uncertainties. All
statements, other than statements of historical facts, which address QuStream's
expectations, should be considered forward-looking statements. Such statements
are based on management's exercise of business judgment as well as assumptions
made by and information currently available to management. When used in this
document, the words "may", "will", "anticipate", "believe", "estimate",
"expect", "intend" and words of similar import, are intended to identify any
forward-looking statements. You should not place undue reliance on these
forward-looking statements. These statements reflect our current view of future
events and are subject to certain risks and uncertainties as contained in the
Company's filings with Canadian securities regulatory authorities, which in
relation to this press release include, but are not limited to, our expected
fiscal 2008 organic revenue growth, our expected future design wins, and our
expected market share across various customers and product segments. Should one
or more of these risks or uncertainties materialize, or should underlying
assumptions prove incorrect, our actual results could differ materially from
those anticipated in these forward-looking statements. We undertake no
obligation, and do not intend, to update, revise or otherwise publicly release
any revisions to these forward-looking statements to reflect events or
circumstances after the date hereof, or to reflect the occurrence of any
unanticipated events. Although we believe that our expectations are based on
reasonable assumptions, we can give no assurance that our expectations will
materialize.
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