here's another version of the same news:
Headline: Finger/Matrix Employees Refuse to Go Home Despite Company's Lack of
Funds
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DOBBS FERRY, N.Y.--(BUSINESS WIRE)--Oct. 27, 1997--Despite
the announcement Oct. 8 by Finger/Matrix Inc. (NASDAQ EBB:FINX)
that it was suspending operations temporarily pending receipt of
additional funding, the bulk of its staff has refused the layoff and
continues to come to work as usual, without any guarantee of
compensation.
"They are confident we will secure additional capital soon and
they don't want their projects to be interrupted," Thomas T.
Harding, president, reported.
The electronic fingerprinting pioneer has three new completely
re-engineered systems ready for market, including an advanced
10-printer recently certified by the FBI for use in the law
enforcement field both here and abroad, but it has exhausted its
operating funds.
Harding said serious discussions are under way with several
prospective investors, both corporate and financial.
"If the funds become available from one of these sources our
loyal employees will be paid for their voluntary services," he
added.
CONTACT: Molesworth Associates Inc.
Gordon Molesworth, 520/625-0035
KEYWORD: NEW YORK
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS
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