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Lyrtech announces the conversion of a convertible debenture


Published on 2011-05-18 19:21:00 - Market Wire
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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.

About Lyrtech

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.