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SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE
SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. )
Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Confidential, for Use of the Commission Only (as permitted by Rule
14a-6(e)(2))
[ ] Definitive Proxy Statement
[X] Definitive Additional Materials
[ ] Soliciting Material Pursuant to 240.14a-118 or 240.14a-12
DIGITAL LAVA INC.
(NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
(NAME OF PERSON(S) FILING PROXY STATEMENT IF OTHER THAN THE REGISTRANT)
Payment of Filing Fee (Check the appropriate box):
[X] No fee required.
[ ____ ] Fee computed on table below per Exchange Act Rules 14a-6(I)(4) and
0-11.
1) Title of each class of securities to which transaction applies:
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2) Aggregate number of securities to which transaction applies:
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3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the
filing fee is calculated and state how it was determined):
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4) Proposed maximum aggregate value of transaction:
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5) Total fee paid:
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[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange
Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee
was paid previously. Identify the previous filing by registration statement
number, or the Form or Schedule and the date of its filing.
1) Amount Previously Paid:
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2) Form, Schedule or Registration Statement No.:
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3) Filing Party:
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4) Date Filed:
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FOR MORE INFORMATION:
FOR IMMEDIATE RELEASE
Digital Lava contact:
DANNY GAMPE
310/577-0200
[email protected]
DIGITAL LAVA INC. POSTPONES ANNUAL MEETING
MARINA DEL REY, CALIF. (MAY 30, 2000) - Digital Lava Inc. (DGV: AMEX), today
announced that its Annual Meeting of Stockholders originally scheduled to be
held at 3:00 p.m. on May 31, 2000 is being postponed until a later date, which
the company presently anticipates will be in early July. The purpose of this
change is to allow Digital Lava's stockholders to consider an additional
proposal related to the company's financing alternatives and to authorize the
issuance of additional shares. The rules of the American Stock Exchange, on
which Digital Lava's shares are listed, require stockholder approval of share
issuances under certain circumstances. Therefore, in order to comply with the
rules of the American Stock Exchange and to allow stockholders time to consider
this proposal in light of the information presented in the company's current
proxy statement, the company will provide stockholders with a supplemental proxy
statement with more information about the proposed transaction. Digital Lava
will hold its Annual Meeting as soon as practicable following the distribution
of supplemental proxy materials.
ABOUT DIGITAL LAVA
Digital Lava is a communications Application Services
Provider (ASP) that offers rich mixed media software applications that
seamlessly link digital video and audio content with a variety of other formats
such as text, graphics, animation and web links. Our robust in-house service
offering provides a turnkey solution that delivers rich media quickly and
efficiently. These solutions provide end-users with a fully integrated and
interactive experience on their computer desktops delivered via the Internet,
Intranet, extranet, DVD, CD-ROM or any combination. Our business-to-business
solutions are employed by Fortune 1000 companies in corporate communications,
sales, marketing and training applications. Digital Lava's partners and clients
include Microsoft, InterVu,
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RealNetworks, Cisco Systems, Dell Computers, Hewlett Packard, KPMG, Prudential
Insurance, Lotus Development Corporation, Shell Chemical and Zurich-American
Insurance. Digital Lava is headquartered in Marina del Rey, California. For
additional information, please visit Digital Lava's Web site at
Http://www.digitallava.com or call 1-888-222-LAVA.
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THIS PRESS RELEASE CONTAINS FORWARD-LOOKING STATEMENTS CONCERNING the
BUSINESS AND PRODUCTS OF THE COMPANY. ACTUAL RESULTS MAY DIFFER FROM THOSE
PROJECTED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS DEPENDING ON A NUMBER OF
RISKS AND UNCERTAINTIES INCLUDING, BUT NOT LIMITED TO THE FOLLOWING:
DEVELOPMENT, SHIPMENT AND MARKET ACCEPTANCE. OTHER RISKS INHERENT IN THE
BUSINESS OF THE COMPANY ARE DESCRIBED IN SECURITIES AND EXCHANGE COMMISSION
FILINGS, INCLUDING THE COMPANY PROSPECTUS ON FORM SB-2. THE COMPANY UNDERTAKES
NO OBLIGATION TO REVISE OR UPDATE ANY FORWARD-LOOKING STATEMENTS TO REFLECT
EVENTS OR CIRCUMSTANCES AFTER THE DATE OF THIS RELEASE.
