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Technology Stocks : Systemsoft Inc. (SYSF)

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To: david sandel who wrote (3519)3/9/2000 11:07:00 AM
From: Scarecrow  Read Replies (1) of 3529
 
Th-th-at's all, folks!

The last piece of the Titanic is now gone out of sight for good. You can now safely unbookmark this thread, as "SYSF" is no longer a listed company and is a privately held concern.

SYSTEMSOFT© CORPORATION RESOLVES CHAPTER 11 BANKRUPTCY STATUS

NATICK, MA -- March 8, 2000 -- SystemSoft Corporation announced today the resolution of its chapter 11-bankruptcy status.

The company's Plan of Reorganization, approved on February 22, 2000, by the United States Bankruptcy Court for the District of Massachusetts, states that the Assets and Intellectual Property Rights of SystemSoft Corporation were acquired by Rocket Software, a privately held company also of Natick. The Plan of Reorganization became effective March 2, 2000.

SystemSoft Corporation is now privately held by Rocket Software. All issued and outstanding publicly traded shares of SystemSoft stock were canceled effective March 1, 2000.
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