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To: ogi who wrote (4418)	1/20/2014 5:59:28 PM
From: Boolish	Read Replies (2) of 202924

Pivot Technology postpones offering of Series A prefs2014-01-20 17:06 ET - News Release Mr. Andrew Bentley reports PIVOT TECHNOLOGY SOLUTIONS POSTPONES FORMALIZATION OF EXCHANGE OFFER Pivot Technology Solutions Inc., further to its press release of Dec. 20, 2013, has decided that the company will postpone formalization of its exchange offer to holders of Series A preferred shares on terms previously announced. Pivot believes that the current offer does not carry sufficient support to commence with the formal process. The company does not currently intend to initiate the conversion of the Series A preferred shares into common shares in the absence of the launch of some form of exchange offer or other change to its preferred share structure. The company will update investors if a decision is made to propose changes to its preferred share structure or to initiate the conversion of Series A preferred shares into common shares. We seek Safe Harbor.

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