Carnegie International to File Amended 10-KSB and 10-QSB Promptly Upon Completion of Discussions with Staff of SEC.BALTIMORE--(BUSINESS WIRE)--May 28, 1999-- Carnegie International Corporation (AMEX AMEX See: American Stock Exchange : CGY cGy centigray. ) said today it plans to file an amended 10-KSB (for the year ended December 31, 1998) and a 10-QSB (for the quarter ended March 31, 1999) promptly upon completion of discussions with the Staff of the Securities and Exchange Commission. Lowell Farkas, the company's president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , said Carnegie believes the discussions will be completed shortly. He said the company had previously expected to make its filings on Monday, March 24, but, "because discussion with the Staff had not been completed by that date, decided to delay the filings in order to avoid the possibility of a subsequent amendment." Carnegie International Corporation (AMEX: CGY) is an Internet support and computer telephony holding company specializing in telecommunications products, services and distribution, and in E-Commerce and EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. . Its MAVIS(tm) (Multi-Language Automated Voice Independent System) is a breakthrough in speech recognition-driven automated attendant/ voice mail systems, using proprietary IVR (interactive voice response) software to recognize/respond to callers. Carnegie's primary wholly-owned subsidiaries include: Paramount International Telecommunications, Inc., which serves hotels and other businesses, primarily in 0+/- call auditing and international 1+ sectors; RomNet Support Services, Inc., an Internet, e-business and technical support services company, Profit Through Telecommunications (Europe) Ltd. (PTT (1) (Postal, Telegraph & Telephone) The governmental agency responsible for combined postal, telegraph and telephone services in many European countries. (2) See push-to-talk. PTT - Post, Telephone and Telegraph administration ), a telecommunications software company providing business solutions utilizing proprietary speech recognition, touch tone and bar code responses to send and/or receive information; ACC See adaptive cruise control. Telecom, a leading reseller business telephone systems, Voice Quest, Inc., a developer/provider of speech recognition and voice mail technologies and products. This release may include information that could constitute forward-looking statements made pursuant to the safe harbor provision 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. Any such forward-looking statements may involve risk and uncertainties that could cause actual results to differ materially from any future results encompassed within the forward-looking statements. Factors that could cause or contribute to such differences include those matters disclosed in the Company's Security and Exchange Commission filings. MAVIS is a trademark of Carnegie International Corporation. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion