Copernic Inc. Announces That Discussions With a Third Party Have Been Terminated
2008年1月29日 - 11:02PM
Marketwired
MONTREAL, CANADA , (NASDAQ: CNIC), a leading software
development company in the technology sector, specializing in
internet, desktop and mobile search products, announced today that
it and a third party with whom it had entered into a previously
announced non-binding letter of interest in connection with a
potential strategic transaction have agreed to terminate their
negotiations. Consequently, the provision relating to the
exclusivity period has been terminated and no termination fee will
be payable by the Company.
About Copernic Inc.
Copernic Inc. specializes in developing, marketing and selling
cutting-edge search technology, providing innovative home and
business software products and solutions for desktop, web and
mobile users, through its online properties, including
www.mamma.com and www.copernic.com.
With its award winning Copernic Desktop Search� software search
engine product, the Company brings the power of a sophisticated,
yet easy-to-use search engine to the user's PC. Additionally,
Copernic Inc. provides both online advertising as well as pure
content to its vast array of partnerships worldwide through its
well established media placement channels. Copernic handles over 1
billion search requests per month and has media placement
partnerships established not only in North America, but in Europe
and Australia as well.
More information can be found at www.copernic-inc.com.
Statements contained in this press release, which are not
historical facts, are forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements are subject to risks and
uncertainties that can cause actual results to differ materially
from estimated results. Such risks and uncertainties are detailed
in the Company's filings with the Securities and Exchange
Commission and the Ontario Securities Commission. The Company
expressly disclaims and intent or obligation to update any
description of the scope, focus or subject matter of the statement
in this press release.
Contacts: Copernic Inc. Christine Papademetriou, MBA Director of
Marketing 514-908-4325 / Toll Free: 877-289-4682 #125
christine@copernic.com www.copernic-inc.com
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