Cogient Corp. Announces Filing Of Restated Md&A.TORONTO -- Cogient Corp. (the "Corporation") announced that it has today filed restated Management & Discussion and Analysis ("MD&A") for the quarter ended June 30, 2004. The refiling of the MD&A for the subject period does not change the financial statements filed by the Corporation for such period. The refiling of the MD&A was undertaken at the request of the Ontario Securities Commission The Ontario Securities Commission (OSC) is a regulatory agency which administers and enforces securities legislation in the Canadian province of Ontario. The OSC is an Ontario Crown corporation which reports to the Ontario legislature through the Minister of Finance. (the "OSC O.S.C. n. short for Order to Show Cause. (See: Order to Show Cause) ") after completion by the OSC of a continuous disclosure review of the Corporation's filings. The principal additions to the refiled MD&A's are: (i) the inclusion of selected annual information, (ii) increased discussion relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the Corporation's liquidity and capital resources, (iii) the inclusion of outstanding share data, (iv) the inclusion of critical accounting policies, (v) increased discussion relating to the results of the Corporation's operations and the loss incurred for the subject period, and (vi) increased discussion relating to expenses and revenue during the subject period. About Cogient Corp: (www.cogient.com) Cogient is Canada's premier provider of secure, Internet-based medical practice office management, workflow and electronic medical-record (EMR (ElectroMagnetic Radiation) The emanation of energy from everything in the universe. Although the EMR from electrical and electronic devices is typically measured for practical, every-day situations, every object, including humans, emanates energy. ) application services See ASP and Web services. . Cogient Corp is Toronto-based, currently servicing Canadian customers, with expansion underway in the US and selected foreign markets. |
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