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Gold/Mining/Energy : Star Data Systems Inc. (STY,T) -- Ignore unavailable to you. Want to Upgrade?


To: SpyMaster who wrote (117)10/19/1998 8:37:00 AM
From: Mark Duess  Read Replies (1) | Respond to of 267
 
Star Data responds to Kensington announcement

TORONTO, Oct. 16 /CNW/ - Star Data Systems Inc. (STY/TSE), today reported
that the recent Kensington Capital Partners Limited announcement that it had
been retained by certain Star Data shareholders to seek ways of maximizing
value of their shares, was issued without Star Data's prior agreement. ''Both
management and the Board of Directors will need to fully understand
Kensington's intent, and review the circumstances surrounding it, before
making further comments. Star Data continues to be committed to serving the
best interests of all its shareholders, customers, and employees,'' stated
President and CEO, Mr. Alan Hutton.

-30-

For further information: Alan Hutton, President and CEO, Star Data
Systems Inc., (905) 479-7827; Krista Jones, Vice President, Corporate
Marketing, Star Data Systems Inc., (905) 479-7827