The companies will offer a combined product called "DynaLink" that will enable content and knowledge management based on access to back office and legacy systems via ActiveLink. The combination of products enables BiznizWeb and ActiveCore to offer most of the functionality of products offered by market leaders Plumtree Software and Vignette Software, both publicly traded Nasdaq companies, at highly competitive prices. BiznizWeb currently has some 30 resellers in the United States.

ActiveCore and BiznizWeb are entering what the Gartner Group terms the "Smart Enterprise" sector. BiznizWeb's DynaPortal(TM) software enables ActiveCore to sell complete turnkey web portal solutions to its growing client base in several industries. Additionally, DynaPortal(TM) websites, connected to ActiveCore's ActiveLink product, will allow business customers to "integrate, enable and extend" back office systems, including insurance rate quotations, order processing, inventory control, government records and other vertical applications. This enables businesses to maintain their investments in older strategic systems while web-enabling access to those systems.

Coupled with ActiveCore's recent announcement of exclusive distributorship of the Appworld.net multi-modal mobile data capture software for North America, the addition of the DynaPortal(TM) Enterprise Portal software will allow business clients to create websites that are mobile enabled and can directly tie into their internal systems.

Brian MacDonald, chairman and CEO of ActiveCore, said, "We are extremely excited about the expansion of our relationship with DynaPortal. Our operations in both the U.K. and North America will benefit immediately. Coupled with our recent announcement of our multi-modal mobile application capability through the Appworld.net development platform from eXml Systems, we can now mobile enable enterprises of all sizes and create websites that allow Internet and mobile access to back office and internal databases to staff and customers regardless of where they are located."

Eric Kintigh, president of DynaPortal said, "We have been creating easy to use and highly successful web portal software since 1995. The advent of a product of the scope and ability of ActiveCore's ActiveLink allows our users to match the capabilities of companies who can afford to spend millions to connect their web front ends to their strategic business systems. Over the past few years we have created and implemented hundreds of web portals and websites, almost all of them will want to explore what they can do now that we have connectivity to a product like ActiveLink."

Closing on the High of the day is a good sign.

I SOLD this one this afternoon. Made some money. I had been uneasy with this one. I though the upside potential was a bit more limited than where I wanted my money at.

Hope she flies for those holding. It looks like it could.

quote:

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Originally posted by gopack:
Can TALL continue it's ascent tom. am?

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from what I'm hearing, you'll be sorry by June that you have sold this stock. I remember a quote of a ceratin person:

'By June there will be only very happy shareholders'

Let us see if this person is right...

quote:

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Originally posted by PAUL:
I do not know.

Closing on the High of the day is a good sign.

I SOLD this one this afternoon. Made some money. I had been uneasy with this one. I though the upside potential was a bit more limited than where I wanted my money at.

Hope she flies for those holding. It looks like it could.

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TORONTO, Feb 26, 2004 /PRNewswire-FirstCall via COMTEX/ --

IVP Technology Corp. (OTC Bulletin Board: TALL), d.b.a. ActiveCore Technologies Inc., announced today that it has sold majority control of its mobile games division to 1607590 Ontario Limited for approximately $1,750,000 effective March 1, 2004. 1607590 Ontario Limited will be renamed SilverBirch Studios Inc. following completion of legal documentation.

SilverBirch Studios Inc. is currently majority controlled by Kevin Birch, who has resigned from ActiveCore Technologies effective immediately. The games division transaction will proceed as a sale of assets, the terms of which have been approved by the independent members of ActiveCore's board of directors.

The purchase price will be satisfied by a 12% convertible debenture for approximately $750,000 payable over two years plus a 2% royalty on all gross revenues to a cap of $1,000,000 expiring in 5 years. ActiveCore will retain the right to convert the outstanding balance of the $750,000 debenture into equity in 1607590 Ontario Limited prior to the expiry of two years, subject to certain limitations, at the then prevailing share price of 1607590 Ontario Limited. ActiveCore Technologies will retain an initial 5% equity holding in the new company with a right to participate in further equity raising to maintain its ownership level.

Brian MacDonald, chairman and CEO of ActiveCore said, 'The sale of the Games Division is a major business focus watershed for ActiveCore. We have built two successful divisions within a short period of time, both of which are poised to deliver immediate and excellent returns. While some of our shareholders will be disappointed by the sale of the games division, the sale will maximize immediate shareholder returns in 2004 and 2005. The overall market for middleware enabled mobile and web based enterprise applications is far larger than for mobile games.'

Continuing on Mr. MacDonald also said, 'From a financial perspective, ActiveCore will begin to receive royalty, interest and principal payments combined with an immediate reduction of approximately $1,400,000 in annual overheads related to the games division. Some of the overhead savings will be redeployed to boost our successful 'smart enterprise'products and services under both the ActiveCore and MDI Solutions names and brands. Solely as a result of the sale of the games division, and based on an estimated 325,000,000 shares outstanding, we believe we will be able to generate a minimum of $0.01 additional positive earnings per share during the current 2004 fiscal year. Our decision to sell the games division substantially reduces the level of operational risk in the company while providing us with an on going stake in the mobile games market as revenues and profits in that market area grow over the next two years.'

Brian MacDonald also said, 'Our recent strategic partnership with BiznizWeb Inc. of Houston has lead us to concentrate our operations through a major investment in mobile and middleware enabled portals and in MDI Solutions, which in turn, with future acquisitions, will allow us to become a bigger factor and participant in the what the Gartner Group terms 'Smart Enterprise Suites.'We see the ability to focus on the 'smart enterprise' market segment as providing substantially greater shareholder value over the short to medium term than spreading our attention over two increasingly divergent business divisions. Our ability to create and sustain a viable mobile games division over the last year will however continue to contribute to ActiveCore's overall market value through our passive investment in SilverBirch Studios.'

Kevin Birch, chairman and CEO of the new SilverBirch Studios Inc., said 'Since its inception, IVP's mobile games division has rapidly grown to become a leading, progressive developer of games and ring tones, and we feel that its Recess Games portal is the finest mobile content distribution platform in the industry. This acquisition is validation of our belief in the division, and we are very excited about this transaction and the anticipated benefits for both IVP and SilverBirch. We look forward to an ongoing, mutually beneficial business relationship with ActiveCore.'

In other news the company also announced that Hawk Associates will no longer be providing Investor Relations services for ActiveCore, also effective March 1, 2004, although the company will continue to be represented on The American Microcap Institute website at www.hawkmicrocaps.com where Sarbanes Oxley mandated materials of interest to investors in ActiveCore Technologies Inc. may be accessed.