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DataLogic International Comments on Recent Trading Activities
IRVINE, Calif., March 8 /PRNewswire-FirstCall/ -- DataLogic International, Inc.
(OTC Bulletin Board: DLGI; Berlin Stock Exchange: 779612), today announced its
belief that recent unusual activity in the stock, marked by higher than normal
daily trading volume and volatility, is the result of third party actions.
Derek Nguyen, Chief Executive Officer of DataLogic, stated, "We believe that
unrelated third parties are largely responsible for the recent and unusual
trading activity of DataLogic's stock. We are unaware of any issues within
DataLogic or our subsidiaries that would account for or justify the recent
unusual trading volumes or selling price of DataLogic's stock. Our fundamental
business plans and performance expectations remain in place as previously
disclosed."
About DataLogic International, Inc.
DataLogic International, Inc. is a technology and professional service company
dedicated to providing a wide range of Information Technology and Communications
related products and services. For more information about DataLogic, go to
http://www.dlgi.com/ or contact Investor Relations at or (888) 530-8228.
This release contains forward-looking statements within the meaningof Section
27a of the Securities Act of 1933, as amended and section 21e of the Securities
and Exchange Act of 1934, as amended. Those statements include the intent,
belief or current expectations of the company and its management team.
Prospective investors are cautioned that any such forward-looking statements are
not guarantees of future performance and involve risks and uncertainties, and
that actual results may differ materially from those projected in the
forward-looking statements as a resultof various factors. Accomplishing the
strategy described herein is significantly dependent upon numerous factors, many
are not in management's control. Some of these factors include the ability of
the company to raise sufficient capital, attract qualified management, attract
new customers and effectively compete against similar companies.
DATASOURCE: DataLogic International, Inc.
CONTACT: Investor Relations of DataLogic International, Inc.,
+1-888-530-8228,
Web site: http://www.dlgi.com/