Copernic Inc. Terminates Discussions.
04 6월 2010 - 7:09AM
Marketwired
Copernic Inc. ("Copernic" or the "Company") (NASDAQ: CNIC), a
leading software development company specializing in internet,
desktop and mobile search products, has decided, based on the
recommendations of its Board of Directors, not to proceed with the
previously announced private placement with Newlook Industries
Corp., nor to proceed with its previously announced acquisition of
70.1% interest in Sunbay Canada Corporation, nor to proceed with
its previously announced acquisition of Fanotech. The Company is
looking at other strategic alternatives and will advise
shareholders in due course.
About Copernic Inc.
Copernic Inc. specializes in developing, marketing and selling
cutting-edge search technology, providing innovative home and
business software products and solutions for desktop, web and
mobile users, through its online properties, including
www.mycopernic.com and www.copernic.com. With its award winning
Copernic Desktop Search® software search engine product, the
Company brings the power of a sophisticated, yet easy-to-use search
engine to the user's PC.
More information can be found at www.copernic.com.
Statements contained in this press release, which are not
historical facts, are forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements are subject to risks and
uncertainties that can cause actual results to differ materially
from estimated results. Such risks and uncertainties are detailed
in the Company's filings with the Securities and Exchange
Commission and the Ontario Securities Commission. The Company
expressly disclaims an intent or obligation to update any
description of the scope, focus or subject matter of the statements
in this press release.
Contacts: Copernic Inc. Marc Ferland - President and Chief
Executive Officer Telephone Toll Free: 877-289-4682 #1013 Telephone
Local: 418-527-0528 #1013 mferland@copernic.com
www.copernic.com
Copernic Inc. (MM) (NASDAQ:CNIC)
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