Intelligent Systems States That Its Policy is Not to Comment on Unusual Market Activity
22 2월 2011 - 1:31AM
In view of the unusual market activity in the common stock of
Intelligent Systems on February 18, 2011 (NYSE Amex:INS), the NYSE
has contacted the company in accordance with its usual practice.
Intelligent Systems confirms that it is the company policy not to
comment on unusual market activity.
About Intelligent Systems Corporation
For over thirty years, Intelligent Systems Corporation (NYSE
Amex:INS) has identified, created, operated and grown early stage
technology companies. The company has operations and investments in
the information technology and industrial products industries. The
company's principal majority-owned subsidiaries are CoreCard
Software, Inc. (www.corecard.com), a provider of software and
services for prepaid and credit card processing, and ChemFree
Corporation (www.chemfree.com), a leader in bioremediating parts
washer equipment and supplies. Further information is
available on the company's website at www.intelsys.com.
In addition to historical information, this news release may
contain forward-looking statements relating to Intelligent Systems
Corporation and its subsidiary and affiliated companies. These
statements include all statements that are not statements of
historical fact regarding the intent, belief or expectations of
Intelligent Systems Corporation and its management with respect to,
among other things, results of operations, product plans, and
financial condition. The words "may," "will," "anticipate,"
"believe," "intend," "expect," "estimate," "plan," "strategy" and
similar expressions are intended to identify forward-looking
statements. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties and that actual results may
differ materially from those contemplated by such forward-looking
statements. The company does not undertake to update or revise any
forward-looking statements whether as a result of new developments
or otherwise except as required by law. Among the factors that
could cause actual results to differ materially from those
indicated by such forward-looking statements are instability in the
financial markets, delays in product development, undetected
software errors, competitive pressures, changes in customers'
requirements or financial condition, market acceptance of products
and services, changes in the performance, financial condition
or valuation of affiliate companies, the risks associated with
investments in privately-held early stage companies and further
declines in general economic and financial market conditions,
particularly those that cause businesses to delay or cancel
purchase decisions.
CONTACT: Bonnie Herron, 770-564-5504
or email to bherron@intelsys.com
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