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Strategies & Market Trends : Aardvark Adventures
DAVE 182.24-3.9%3:59 PM EST

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To: ~digs who wrote (828)12/20/2004 8:58:26 AM
From: ~digs  Read Replies (2) of 7944
 
WSTM 3.15

stockcharts.com[w,a]daclyiay[pc40!c200!f][vc60][iut!Ul14!Uk14]&pref=G

NEW YORK and OTTAWA, Ontario--(BUSINESS WIRE)--Dec. 20, 2004--Workstream Inc. (NASDAQ: WSTM - News), a provider of Enterprise Workforce Management software, today announced it has closed its private placement with institutional investors of 4,666,666 shares of its common stock at a price of $3.00 per share for an aggregate of $14.0 million. The placement was led by a European institutional investor. The proceeds from the transaction will further strengthen the Company's balance sheet and provide additional working capital to pursue its growth strategy, including product development, international expansion and targeted strategic acquisitions. biz.yahoo.com
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