INVESTOR CONTACT:
Thomson Financial IR
Holly Weer, 212/510-9282
holly.weer@thomsonir.com
Science Dynamics Listed on Nasdaq SmallCap(SM) Market
Cherry Hill, NJ (September 20, 2000) --Science Dynamics Corporation (Nasdaq:SIDY), a leading developer of Internet Protocol-based (IP) telephony solutions, announced that its common stock was relisted for trading on the Nasdaq SmallCap(SM) market under the symbol "SIDY" effective September 20, 2000. SciDyns common stock was previously listed on the OTC Bulletin Board.
"Our return to the Nasdaq SmallCap(SM) market will provide SciDyn with a far greater level of visibility in the investor community," noted Joy Hartman, president and CEO of Science Dynamics. "Our relisting enhances our current focus and commitment to becoming an integral player in the IP telephony marketplace. We are enthusiastic about our integration of traditional and VoIP (Voice-over Internet Protocol) based telephony solutions that facilitate the growing transition from circuit-switched transmission to digital, packet-based networks, as well as our market objective to become the Voice of IP telephony.
"The growth in the IP telephony industry is fueling interest in companies like SciDyn, and the Nasdaq SmallCap(SM) market opens an avenue to institutional investors and mainstream analysts not previously available to us on the OTC Bulletin Board," noted Robert OConnor, CFO of SciDyn.
The Nasdaq SmallCap(SM) Market is comprised of over 1,800 individual emerging growth companies. As the world's first electronic stock market, Nasdaq has consistently set the pace for innovation in the securities industry. Many of the world's largest and most successful companies trade on the Nasdaq Market.
About Science Dynamics Corporation
Headquartered in Cherry Hill, New Jersey, Science Dynamics Corporation (SciDyn) is a leading developer of telecommunications solutions. SciDyns IP telephony products enable the seamless connection between traditional circuit-switch based networks and the next generation of packet-based networks. Products include: The IntegratorC-2000® series of IP telephony Gateways; the Commander II Inmate Control phone system (also based on the IntegratorC-2000® architecture) and the VFX-200 series of Video over Frame Relay Access Devices (FRADs). Visit Science Dynamics website at http://www.SciDyn.com.
Except for the historical information contained herein, this news release contains forward looking statements that involve risks and uncertainties, including the impact of the competitive products and pricing and general economic conditions as they affect the Company's customers. Actual results and developments may therefore differ materially from those described in this release.
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