Exhibit 99.1
FOR IMMEDIATE RELEASE
Editorial Contact:
Susan Richards
Sundog Technologies
801-501-7107
[email protected]
SUNDOG(R) BOARD OF DIRECTORS APPROVES NAME
CHANGE TO ARKONA(R) INC.
SALT LAKE CITY, UT--January 18, 2001--Sundog Technologies Inc. [OTC:SDTH], a
leader in data distribution and business management solutions, today announced
the Board of Directors has approved changing the name of the company to ARKONA
Inc. The proposed name change is being submitted to shareholders at a February
22, 2001 special shareholders meeting. The company expects shareholder approval
at that time. The stock symbol will remain "SDTH" until shareholder approval and
the issuance of a new trading symbol by NASDAQ.
Sundog will begin doing business as ARKONA on Monday, January 22, 2001. The new
name is the last step in completing the integration of Sundog and Ensign
Information Systems into one company with a new corporate identity.
The name change and new corporate identity will serve as a launching point for
the expanded AKONA to roll out new strategies that combine the core technologies
of both former companies. For example, ARKONA will demonstrate new mobile
computing solutions for the auto industry at the upcoming NADA conference in Las
Vegas February 3rd, 4th and 5th.
"With the integration of the two companies complete, the growth potential for
ARKONA is significant," said Alan Rudd, president and CEO, Sundog Technologies
Inc. "Our expanded sales force is having tremendous success with the Ensign
Dealer Management Suite having recently signed numerous sales contracts with
large and small auto dealerships through out the US. The product demand is
outpacing even our expectations." On the other side of the business, ARKONA is
continuing to apply its core strengths in data extraction and distribution to
take advantage of the broader mobile computing market.
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For more information on Sundog, Ensign Dealer Management Suite or Universal
Update, go to www.sundog.com or call us at 866-478-6364 or 801-501-7100.
About Sundog
Founded in 1996, Sundog Technologies is a public company and a leader in
enterprise data movement and management solutions. Sundog's Ensign Dealer
Management Suite leads the market in technologically superior e-business
solutions for automotive dealers that fully integrate back office solutions with
a retail Web presence. In this market Sundog is one of the first premier
Application Service Providers (ASP). Sundog is also the creator of the Universal
Update(TM) product family that extracts, replicates and moves data into formats
that can be easily used in enterprise mobile computing and document
distribution. For more information visit the Sundog Web site at www.sundog.com.
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This release may contain forward-looking statements as well as historical
information. Forward-looking statements, which are included in accordance with
the "safe harbor" provisions of the Private Securities Litigation Reform Act of
1995, may involve known or unknown risks, uncertainties and other factors that
may cause the company's actual results and performance in future periods to be
materially different from any future results or performance suggested by the
forward-looking statements in this release. Such factors include the risks that
our shareholders will not approve the name change, that we will not be able to
satisfy all existing orders for our Ensign Dealer Management Suite or that
demand for such product will not continue to grow. Such forward-looking
statements speak only as of the date of this release. The company expressly
disclaims any obligation to update or revise any forward-looking statements
found herein to reflect any changes in company expectations or results or any
change in events.
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Sundog and Universal Update are trademarks of Sundog Technologies, Inc. All
other trademarks and registered trademarks are the property of their respective
owners.
