Talware Networx Inc.: Press Release
April 18 2008 - 11:04AM
Marketwired
TORONTO, ONTARIO (TSX VENTURE: JBS) announces that both Alan
Rootenberg and Paul Vorvis have tendered their resignations as
officers of Talware effective March 31, 2008. Mr. Vorvis most
recently served as interim President and Chief Executive Officer
and Mr. Rootenberg most recently served as interim Chief Financial
Officer. As previously announced, Paul Pathak has been appointed
President of Talware.
Talware's common shares will remain halted from trading on the
TSX Venture Exchange pending clarification from the Ontario
Securities Commission (the "OSC") with respect to the OSC's review
of the Company's recent submission regarding certain continuous
disclosure filings.
The information in this news release includes certain
information and statements about management's view of future
events, expectations, plans and prospects that constitute forward
looking statements. These statements are based upon assumptions
that are subject to significant risks and uncertainties. Because of
these risks and uncertainties and as a result of a variety of
factors, the actual results, expectations, achievements or
performance may differ materially from those anticipated and
indicated by these forward looking statements. Although Talware
believes that the expectations reflected in forward looking
statements are reasonable, it can give no assurances that the
expectations of any forward looking statements will prove to be
correct. Talware disclaims any intention and assumes no obligation
to update or revise any forward looking statements to reflect
actual results, whether as a result of new information, future
events, changes in assumptions, changes in factors affecting such
forward looking statements or otherwise.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Talware Networx Inc. Paul Pathak President (416)
644-9966 (416) 368-0300 (FAX) Email: paul@chitizpathak.com
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