Media 100 now trading

Common stock in Media 100 (formerly Data Translation, Marlboro, MA, Nasdaq: MDEA) has begun trading and no longer reflects the distribution of shares of its former wholly-owned subsidiary, Data Translation.

Media 100 contributed its data acquisition, imaging and commercial products businesses to the new Data Translation and distributed the shares of Data Translation to its stockholders of record as of Nov. 29, 1996. Certificates evidencing the shares of Data Translation were mailed to stockholders on Friday, Dec. 13, 1996.

"The ex-dividend trading of Media 100's stock represents the completion of the transformation of the original Data Translation into Media 100," said John Molinari, president of Media 100. "The completion of the spinoff allows Media 100 to emerge with a corporate identity and provides investors with an opportunity to participate in the growing digital media industry.