AGISS Corporation Announces Wholly Owned Subsidiary Files For Bankruptcy
Wednesday, June 2, 1999 10:39 AM
Mail this article to a friend
OTTAWA, ON, Canada, June 2 /PRNewswire/ - NASDAQ-OTC: AGCR -- AGISS Corporation today announced it's wholly
owned subsidiary, AGISS Software Corporation, has filed an assignment in bankruptcy on May 27th, 1999 pursuant to the
Canadian Bankruptcy and Insolvency Act as a result of unsuccessful attempts to refinance and restructure the company. The
filing was made in Ottawa, Ontario, Canada.
Ernst and Young Inc. have been named as the Trustee in bankruptcy.
Investors please note:
This release may contain forward-looking statements that involve risks and uncertainties which might cause the actual results to
differ materially from those projected in any forward-looking statements. Factors, which could affect actual results, include the
development and introduction of competitive technologies, the overall market demand for conversion services and/or the
presence of technologically-inferior products and services which are priced or promoted to compete with AGISS.
SOURCE AGISS Corporation
CONTACT: AGISS Corporation: Robert Sowah, 613.230.7981 |
