Cistera Networks Completes Reverse Forward Split
13 Maio 2010 - 11:00AM
Marketwired
Cistera Networks® (OTCBB: CNWT), a leading provider of enterprise
application platforms and engines for unified communications,
announced that the regulatory reviews in order to complete its
formerly announced reverse/forward stock split ("Reverse/Forward
Stock Split") have been completed. Therefore Cistera announces that
the reverse stock split will take effect at 4:01 p.m. (US Eastern
Daylight Time) on Thursday, May 13, 2010 and the forward stock
split will take effect at 4.02 p.m. (US Eastern Daylight Time) on
Thursday, May 13, 2010.
As a result of the Reverse/Forward Stock Split, stockholders
owning fewer than 3 shares of Common Stock will be cashed out at a
price of $.14 per share, and the holdings of all other stockholders
will remain unchanged. All outstanding stock options and other
contractual rights entitling the holders of such rights to acquire
shares of Common Stock of the Company shall not be affected as a
result of the Reverse/Forward Stock Split. Transmittal letters will
be sent to all shareholders of record affected by this
Reverse/Forward Stock Split by the Company's transfer agent,
Corporate Stock Transfer.
About Cistera Networks, Inc.
Cistera Networks is a leading provider of enterprise application
communications platforms and services. The company blends powerful
application infrastructure with industry-specific business
processes, to deliver the benefits of voice, video and data
convergence to the user. Cistera's industry-leading platform
delivers the most reliable, scalable and secure application
services for IP-based network environments. Its broad portfolio of
application services enables users to improve customer service and
satisfaction, increase productivity and collaboration, improve
responsiveness to critical incidents and to provide a safer
environment. For more information, please see www.cistera.com
This release may be deemed to contain forward-looking statements
that are subject to the safe harbor provisions of the Private
Litigation Reform Act of 1995. These forward-looking statements
include, among other things, statements regarding future events and
the future financial performance of Cistera Networks that involve
risks and uncertainties. Readers are cautioned that these
forward-looking statements are only predictions and may differ
materially from actual future events or results. Readers are
referred to the documents filed by Cistera Networks with the SEC,
specifically the most recent reports on Form 10-K and 10-Q, each as
it may be amended from time to time, which identify important risk
factors that could cause actual results to differ from those
contained in the forward-looking statements.
Media and Investor Contact: Cistera Networks, Inc.
972-381-4699 x75003 Email Contact
Cistera Networks (CE) (USOTC:CNWT)
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