DSET Corporation to Trade Under "DSETD" for
20 Days
Bridgewater, NJ - August 21, 2001 - (Nasdaq: DSET) - DSET
Corporation today announced that the company's common stock
will trade on the Nasdaq National Market under the symbol
"DSETD" for 20 trading days beginning on August 22, 2001.
The temporary addition of the "D" to the DSET symbol is required
by Nasdaq pursuant to the one-for-four reverse stock split
that the company announced on August 14. The company's stock
will begin trading on a post-split basis on August 22.
At the conclusion of 20 trading days, the additional "D" will
be removed and the trading symbol will revert to "DSET."
About
DSET Corporation
DSET is a leading supplier of software known as electronic-bonding
gateways that enable competitive service providers in the
telecommunications industry to implement an automated Trading
Partner Network (TPN). A TPN plays a critical role in lowering
the cost of acquiring customers, reducing the amount of time
required to provision new phone services for customers, and
minimizing the time required to resolve service outages to
ensure higher customer satisfaction and less customer churn.
DSET provides the installation, training, interoperability-testing,
and maintenance services needed to put TPNs into production
and maintain efficient operation. DSET is headquartered in
Bridgewater, New Jersey, and the company's Web site can be
viewed at www.dset.com.
Statements regarding financial matters contained in this press
release, other than historical facts, are forward-looking.
Since all statements about DSET's plans, estimates, and expectations
are based on current projections that involve risks and uncertainties,
and are subject to change at any time, the company's actual
results may differ materially from expected results. Investors
should consider these risks and uncertainties, which are discussed
in documents filed by DSET with the Securities and Exchange
Commission. These documents identify important factors that
could cause the actual results to differ materially from those
contained in the projections or forward-looking statements.
DSET expressly disclaims any obligation to update any forward-looking
statements.
DSET Contacts
Financial: Bruce Crowell, Chief Financial Officer,
908-526-7500 Ext. 1775,
e-mail: bcrowell@dset.com
Media Relations: Dean Maskevich, Marketing Communications,
908-526-7500 Ext. 1366,
e-mail: dmaskevi@dset.com
Investor Relations: John P. Murphy, Westfield Investor Relations,
908-233-1558,
e-mail: westfieldir@worldnet.att.net
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