What is this about? Very strange statement ...
MDI and Stratis Authority Issue Joint Statement Addressing Recent False StatementsLast update: 4/26/2007 2:28:10 PMSAN ANTONIO, Apr 26, 2007 (BUSINESS WIRE) -- MDI, Inc. (MDII) announces that it received today from Stratis Authority, Inc., the Company's largest single shareholder, the attached letter addressing defamatory statements and false information that has been widely circulated over the last week about Stratis, its Learn Safe(TM) program and MDI. The Company applauds the actions being taken by Stratis and is pleased that Stratis is taking the initiative to deal with the creators and distributors of the false, malicious information. The Company believes that the message expressed by Stratis urgently needs to be made available to all of our stakeholders, e.g. our customers, our employees, our communities and our investors - and not just to our shareholders. To the extent that Stratis has the tools for investigating unethical behavior that disregards the legitimate interests of all stakeholders, the Company welcomes the use by Stratis of those tools as it is the belief of our management that we have a responsibility to all of our stakeholders to restore trust. To that end, we are making known to all our stakeholders the Stratis message. Our way of doing this is to issue this press release and attaching the Stratis letter to it. Further, we will file a Form 8-K with the SEC today attaching this press release and the Stratis letter. The line between ethical and legal considerations is not always clear. We do believe, however, that our ethical behavior is the moral compass for our company and that we should not let fear of failure or criticism influence our decision to make the Stratis message heard to as many of our stakeholders as is possible. The actions we have witnessed over the past week rise to the level that they have to be addressed. We are glad that Stratis has taken the initiative that it has. To read the Stratis Authority Letter to MDI Shareholders, click the attachment or visit the following link: . About MDI, Inc. |
