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List:       postgresql-announce
Subject:    [ANNOUNCE] Notice of First Annual Shareholder's Meeting
From:       Corporate Communications <pr () pgsql ! com>
Date:       2000-09-28 23:44:00
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 Wolfville, Nova Scotia                                   PostgreSQL, Inc.
 For Release 5 p.m. EDT                                        PO Box 1648
 Thursday, September 28th, 2000                     Wolfville, Nova Scotia
                                                           Canada, B0P 1X0
                                                        Phone 902 542 0713
                                                  Toll Free 1 877 542 0713
                                                          Fax 902 542 5386

                             Notice of First Annual Shareholder's Meeting
                         Saturday, September 30th 2000, San Francisco, CA

  President Marc G. Fournier announced today that PostgreSQL, Inc. will be
    holding it's first annual Shareholder's meeting in Berkeley, CA, 10am,
        September 30th, 2000 at the Radisson Marina Hotel. This meeting is
                   limited to Shareholders of Record as of September 30th.

 The decision to hold this first annual Shareholder's Meeting in Berkeley,
     CA is in recognition of this as the birthplace of the PostgreSQL open
         source Object Relational Database Management System. The Board of
    Directors will convene following the Shareholder's Meeting to consider
 and commit to several key decisions, including the following Resolutions:

                               " Allotment of Shares for Past Contributors
 In recognition of the substantial contribution that many individuals have
   given over the past year(s) willingly and without personal incentive to
        PostgreSQL, Inc. and the open source PostgreSQL Global Development
 Community, the company will transfer from treasury shares representing 5%
       of the total issued equity, in equal lots, to 26 individuals having
            accepted an offer of equity participation in PostgreSQL, Inc..

                      "Appointments to the PostgreSQL, Inc. Advisory Board
   PostgreSQL, Inc. recognizes the need to obtain the best possible advice
  and counsel from a broad range of professional and industry backgrounds.
    To achieve this the Board will formally appoint Advisory Board Members
 who have accepted an invitation to actively participate in the commercial
                  and open source activities and interests of the Company.

                                    Approval of Business & Financial Plans
             During August and September, PostgreSQL, Inc. has experienced
         extraordinary growth, requiring the company to secure third party
     contracts, and greatly taxing the existing management and development
       team resources. The Board will consider and approve a comprehensive
       Business & Financial Plan that will include several current several
                      co-venture opportunities and Venture Capital offers.

 Marc Fournier, President
 * 1 877 542 0713
 * marc@pgsql.com
 Jeff MacDonald, VP Support Services
 * 1 877 542 0713
 * jeff@pgsql.com
 Geoff Davidson, CEO                       Thomas Lockhart, Director
 * 1 416 410 4124 ext. 1                   * thomas@pgsql.com
 * geoff@pgsql.com

 For a copy of this document in PDF format go to:
 http://www.pgsql.com/press/Pgsql_Inc_Press-7.pdf

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