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Technology Stocks : Zitel-ZITL What's Happening

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To: Michael who wrote (18049)10/14/1999 11:15:00 AM
From: Steven M. Kaplan  Read Replies (2) of 18263
 
The technology, and any new tools that M/D was working on, are now the property of the creditors of MatriDigm. The Bankruptcy courts will determine how they are disposed of.

The 2 main creditors are Lynx Venture Partners and Zitel.

I have just obtained the following information from the US Court System website:

MatriDigm Corporation filed a petition under Chapter VII with Northern District of California U.S.B.C. - San Jose Division.

The Debtor In case number is 9956644. Their Tax ID number is 94-3233785. It was filed on 10/12/99.

The trustee is Jerome E. Robertson. The Judge is James R. Grube.
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