4net Software Receives $50,000 Break-Up Fee from NWT Inc.Business Editors RIDGEFIELD, Conn.--(BUSINESS WIRE)--Feb. 25, 2003 Today, 4net Software, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: FNSI FNSI Federazione Nazionale Stampa Italiana FNSI Finding of No Significant Impact FNSI First Nations Statistical Institute (Canada) ) announced that it received a break-up fee in the amount of $50,000.00 from NWT NWT or N.W.T. abbr. Northwest Territories NWT Northwest Territories (of Canada) Inc. ("NWT") pursuant to the Letter of Intent, dated December 19, 2002 between 4net Software and NWT ("LOI LOI Letter of Indemnity (international trade and carriage business) LOI Letter Of Intent LOI Loss On Ignition LOI Letter of Inquiry LOI Lack Of Information LOI Lack of Interest LOI Letter of Invitation LOI List Of Items "). In connection with the receipt of the break-up fee in the amount of $50,000.00 4net Software and NWT mutually agreed to terminate the LOI. Contact Details For information regarding 4net Software, please contact: Steven N. Bronson, President 4net Software, Inc. 10 South Street, Suite 202 Ridgefield, Connecticut 06877 Telephone: (203) 894-9755 Fax: (203) 894-8990 |
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