AIMSI Technologies Inc. Announces SEC Temporarily Suspends Trading.OAK RIDGE, Tenn. -- AIMSI Technologies Inc. (OCTBB:AIMT AIMT Association Interentreprises de Médecine du Travail du Bas-Rhin AIMT Artificial Intelligence-based Maintenance Tutor ) today announced that the Securities and Exchange Commission has temporarily suspended trading Suspended trading Temporary halt in trading in a particular security, in advance of a major news announcement or to correct an imbalance of orders to buy and sell. suspended trading The temporary suspension of trading in a security. in the Company's securities effective at 9:30 a.m. today through 11:59 p.m. on Dec. 29, 2004. This action was taken "because of questions raised regarding the accuracy and completeness of information about AIMSI in AIMSI's press releases and in fax tout sheets concerning among other things, AIMSI's contract with China Global Distribution Corp. for the distribution of AIMSI's Automatic Large Area Remote Mapper." The Company is cooperating fully with the Commission and is committed to protecting the interests of our investors. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. This release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 ("PSLRA PSLRA Private Securities Litigation Reform Act PSLRA Public Service Labour Relations Act (Canada) "). Such forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those projected, including but not limited to the following: general economic conditions and its impacts on the company's client base; the regulatory environment; new legislation; heightened national security; risks including acts of terrorism; vendor quality and efficiency; employee retention factors; rapidly changing technology and competitive factors; cash flow, operating performance, availability of retained earning and decisions made by its board of directors with respect to practices and similar matters. Readers are cautioned not to place undue reliance on the forward-looking statements. AIMSI TECHNOLOGIES INC. undertakes no obligation to publicly revise or update the forward-looking statements to reflect events or circumstances that arise after the date of this release. Readers should also carefully review any risk factors described in its Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , the most recent Form 10-Q Form 10-Q See 10-Q. and other documents including any Form 8-Ks furnished or filed from time to time with the Securities and Exchange Commission. This statement is included for the express purpose of invoking PSLRA's safe harbor provisions. |
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