CTIG, Centillion, Celltech Extend Time for Merger; Full Regulatory Review of Transactions Delays Three-Way Closing.Business Editors/Hi-Tech Writers VALLEY FORGE Valley Forge, on the Schuylkill River, SE Pa., NW of Philadelphia. There, during the American Revolution, the main camp of the Continental Army was established (Dec., 1777–June, 1778) under the command of Gen. George Washington. , Pa.--(BUSINESS WIRE)--May 16, 2000 CTI (Computer Telephone Integration) Combining data with voice systems in order to enhance telephone services. For example, automatic number identification (ANI) allows a caller's records to be retrieved from the database while the call is routed to the appropriate party. Group (Holdings) Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : CTIG CTIG Counter Terrorism Intelligence Group CTIG Combat Targeting and Intelligence Group (Langley, AFB,VA Air Combat Command) ) a leading provider of software and services for the management of telecommunications systems, announced today the signing of an agreement with Centillion cen·til·lion n. 1. The cardinal number equal to 10303. 2. Chiefly British The cardinal number equal to 10600. Data Systems of Indianapolis, IN (Centillion), and a consent with Texas-based Celltech Information Systems Inc. (Celltech) to extend the period for the consummation of respective merger agreements previously signed with these two parties. The merger agreement between CTIG and Centillion was signed on February 3, 2000, and the merger agreement between CTIG and Celltech was signed on April 5, 2000. Both of these proposed transactions were originally set to close in the second calendar quarter of 2000. In connection with the two complex mergers, on May 4, 2000, CTIG filed a joint proxy statement/ prospectus with the Securities and Exchange Commission for purposes of voting on the mergers at a special meeting of shareholders, and for issuing new shares of CTIG stock relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the transactions. The SEC has advised the Company that they will review the proposed transactions in their entirety, which will necessitate the extension of the anticipated closing into the third calendar quarter of 2000. Underscoring each of the parties' strong commitment to consummate the mergers, they have signed written agreements or consents to extend the period for consummation of the transactions until September Until September is a 1984 romantic drama set in France. It stars Karen Allen as an American tourist in Paris who falls in love with a married Frenchman (Thierry Lhermitte). External links 30, 2000. The revised target date for the closing of these transactions is now established as July 31, 2000. This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to documents filed by CTIG with the U.S. Securities and Exchange Commission specifically the most recent Form 10-KSB. |
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