CYBERMEDIA INC. ISSUES AMENDED 10Q
No Changes In Operating Results
Santa Monica, Calif.¾ December 5, 1997¾ CyberMedia Inc. (Nasdaq/NMS:CYBR - news), the leader in automatic service and support issued an amended 10Q filing yesterday.
The filing included no changes in the company's operating results. The principal revisions involved enhanced discussion of the use of proceeds from the company's initial public offering as required by the new SEC rules, additional discussion of the company's accounts receivable financing which stood at $4.8 million at September 30, 1997 and updated treatment of the deferred tax asset reflected on the company's balance sheet.
CyberMedia will host a conference call today at 9:30 a.m. PST. The conference call number is 800/659-6185, #2508980, with Unni Warrier as chairperson.
About CyberMedia
CyberMedia's mission is to empower computer users to fix computer problems on their own, before they need to call a technical support hotline for help. The leading supplier of automatic service and support solutions for PC users; the CyberMedia's ActiveHelp product line includes First Aid(r), Oil Change(tm), UnInstaller(tm), PC Guard Dog(tm) and the Tech Support Yellow Pages.
CyberMedia products are distributed through more than 10,000 retail stores in the United States, including WalMart and CompUSA. They are also distributed internationally in Germany, Canada, Japan, Italy, France, Austria, Switzerland, the United Kingdom and Australia. CyberMedia products are also available from OEM distribution partners, including AST, Sony, Fujitsu, Packard Bell-NEC and Phoenix Technologies. They are also available for sale on the Internet through leading online resellers as well as the CyberMedia Web site. Founded in 1991, CyberMedia employs more than 220, with company headquarters in Santa Monica, and offices in San Jose, Calif. and Japan. For additional information contact CyberMedia Inc., 3000 Ocean Park Boulevard, Santa Monica, CA 90405; phone 310/581-4700; fax 310/581-4720; E-mail info@cybermedia.com or visit the CyberMedia Web site.
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Note: CyberMedia and First Aid are registered trademarks and Oil Change, Guard Dog, UnInstaller and the CyberMedia logo are trademarks of CyberMedia, Inc. All other trade names are trademarks of their respective owners.
Media Contact: Giselle Bisson, CyberMedia, Inc., (310)581-5961
Investor Relations: Stella Mastriona, CyberMedia, Inc., (310)581-6021 |