Business Services Industry

ESS Technology Files An Amendment To SEC

DVD News, September, 2001

DVD News 09-14-2001 ESS Technology Files An Amendment To SEC DVD NEWS-14 September 2001-DVDINSIDER: ESS Technology Files An Amendment To SEC (C)1999-2001 DVD News. Distributed for AM Newswire Inc via M2 Communications Ltd (www.m2.com).

ESS Technology, Inc. has reported that it is filing an amendment to its registration statement with the Securities and Exchange Commission with respect to a proposed offering of shares of ESS common stock, to indicate the number of shares planned for sale. ESS plans to sell 2.5 million shares and intends to use the net proceeds from its sale of shares for working capital and general corporate purposes. Fred S.L. Chan, chairman of its Board of Directors, through the Chan family trusts, will offer 1.5 million shares of ESS...

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