Computer Automation Systems Inc. Announces the LOI for Agreement and Plan of Reorganization with Acorn Medical Has Expired.Business Editors/High-Tech Writers PLANO, Texas--(BUSINESS WIRE)--Oct. 31, 2003 Computer Automation Systems Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CASX), a system integrator ("CASX" or "Public Company"), today announced effective as of Sept. 30, 2003 that the Letter of Intent for the exchange of shares with Acorn Medical ("LOI LOI Letter of Indemnity (international trade and carriage business) LOI Letter Of Intent LOI Loss On Ignition LOI Letter of Inquiry LOI Lack Of Information LOI Lack of Interest LOI Letter of Invitation LOI List Of Items ") has expired under its own terms. 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. Statement This news release contains certain "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934. Although the Company believes the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that it will meet or exceed such expectations. All brand names mentioned herein are trademarks of their respective owners. |
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