CIC Colorado Announces Rewinding of Bankruptcy of Commodore International BV.BAARN BAARN Bay Area Animal Rights Network (San Francisco, CA) , The Netherlands -- Commodore International Commodore, the commonly used name for Commodore International, was an American electronics company based in West Chester, Pennsylvania which was a vital player in the home/personal computer field in the 1980s. Corp. (CIC CIC circulating immune complexes. CIC Circulating immune complexes. See Immune complexes. ) (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CDRL CDRL Contract Data Requirements List (DoD) CDRL Contract Deliverables Requirements List CDRL Contract Data Requirement Line CDRL Contract Documents Requirements List ) announced today that the court in 's-Hertogenbosch, The Netherlands, has decided to rewind re·wind tr.v. re·wound , re·wind·ing, re·winds 1. To wind again or anew. 2. To reverse the winding of (recording tape or camera film). n. 1. The act or process of rewinding. the bankruptcy of Commodore International BV, a subsidiary of Commodore International Corporation Commodore International Corporation (CIC) is a Netherlands-based company that bought all the global rights, patents and assets to the Commodore brand in 2005. The company provides digital media services, software and hardware and delivers media entertainment in the context of a . On April 15, 2008 the court declared bankruptcy of Commodore International BV based on procedural mistakes as earlier announced on April 21 2008. More details about this case were announced during the Special Shareholders Meeting held in Amsterdam on April 25, 2008. As a result of today's court decision this case has been concluded successfully. About Commodore International Corporation Commodore International Corporation (OTC:CDRL) is a creator, developer and full-service provider of innovative digital media services, software and hardware. Innovations such as the CommodoreWorld[TM] multi media platform and a premium hardware product line, that open up new opportunities for the customization and sharing of media entertainment, such as music, TV channels, movies and games. Commodore also pursues an active licensing policy such as its joint venture with Commodore Gaming Commodore Gaming are a manufacturer of high-end gaming specific PCs, which feature a process called C-Kin (pronunced Skin) which allows users to customise the outer case with a range of unique artwork. for gaming products and services, and continues to implement new licensing opportunities. Commodore International Corporation (OTC: CDRL) Europe (Operational Offices) Hermesweg 15, 3741 GP Baarn, The Netherlands Phone: +31 (0)35 528 81 50 Fax: +31 (0)35 528 81 51 Corporate Website:: www.commodorecorp.com Forward Looking Statements This press release contains forward-looking statements and the announcement of preliminary undertakings. Such statements should not be construed as an invitation to participate in an offering of Commodore shares or a confirmation that an offering will indeed occur. Investors are cautioned that these forward-looking statements are subject to numerous risks and uncertainties, known and unknown, which could cause actual results and developments to differ materially from those expressed or implied in such statements. Such risks and uncertainties relate to, among other factors: the level of orders for and sales of the company's products in European markets; the timing and success of the company's efforts in U.S. markets; the company's ability to successfully strengthen its own dedicated sales force; the timing and success of the company's introduction of new products; and the company's ability to successfully complete future corporate partnerships and financings. |
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