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Technology Stocks : STARBASE (SBAS)- InfoWorld Hot Product Review

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To: JakeStraw who wrote (1487)8/14/2002 9:37:58 AM
From: Roy F  Read Replies (1) of 1502
 
Starbase Updates Financing Status

August 14, 2002 08:15:00 AM ET

SANTA ANA, Calif., Aug. 14 /PRNewswire-FirstCall/ -- Starbase Corporation SBASD, a leading provider of enterprise application management solutions designed to speed the software development lifecycle, today announced that it is postponing the close date of the previously announced preferred equity financing. The close date was scheduled for August 13, 2002 and a new close date has not been set. The company is analyzing all of its alternatives relating to the financing and needs more time evaluate its options.

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