QUEBEC CITY, May 18 /CNW Telbec/ - Lyrtech Inc. (Lyrtech) (TSXV: LTK), a worldwide leader in digital signal processing
technologies, announces the conversion into common shares of a
convertible debenture of $25,000, at a price of $0.17 per share,
amounting to 147,059 shares.
Lyrtech, a proud member of the Texas Instruments Design House Network,
develops and manufactures advanced digital signal processing solutions
for companies worldwide, a vital technology to network and wireless
communications, audio and video processing, as well as electronic
systems in all fields of technology. Lyrtech offers a full range of
DSP-FPGA development platforms, as well as design, prototyping, and
manufacturing of electronic products. Lyrtech works in partnership with
industry leaders such as Texas Instruments, The MathWorks, and Xilinx.
Lyrtech's customers include many prestigious names of the consumer
electronics, telecommunications, aerospace, and defense fields.
The TSX Venture Exchange Inc. has not reviewed and does not accept
responsibility for the adequacy and accuracy of this release.
SOURCE LYRTECH INC.
For further information:
Louis Bélanger, president and CEO