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DataLogic International Files Q2 Extension and Announces
Shareholders' Meeting Date/Location
IRVINE, Calif., Aug. 16 /PRNewswire-FirstCall/ -- DataLogic International,
Inc., (OTC Bulletin Board: DLGI; Berlin, Frankfurt Stock Exchange: 779612) a
technology and professional services company providing a wide range of
consulting services and telecommunications products such as VoIP equipment and
GPS vehicle tracking devices, today announced the filing of its Q2 10-QSB
extension and the timing of its shareholders' meeting.
Earnings for the quarter ended June 30, 2004 are currently under review and are
expected to be announced in the next few days. This does constitute a delay in
the previously expressed timing of the release. DataLogic's President, Keith
Nguyen, commented, "I apologize to our shareholders for the delay in the
announcement of our Q2 earnings. Contributing to the delay was the
determination of proper accounting for the funding we received from the Laurus
financing, which occurred near the end of the second quarter. Another factor
contributing to our delay includes the inability to timely obtain necessary
information from third parties."
The company has filed for an extension and plans to file its second quarter
2004 10-QSB as soon as the appropriate reviews are completed.
The company plans to hold its annual shareholders' meeting from 2:00 pm to 3:00
pm PDT on September 29, 2004 at Tower 17 office building on 18881 Von Karman in
Irvine, California. Information for the meeting will be mailed to shareholders
of record prior to the meeting.
About DataLogic International, Inc.
DataLogic International, Inc. is a technology and professional services company
providing a wide range of consulting services and telecommunications products
such as VoIP phones, videophones, communications servers and GPS vehicle
tracking devices. The company also provides Information Technology outsourcing
and consulting services. Datalogic's customers include U.S. and international
governmental agencies as well as a variety of international commercial
organizations. For more information, please visit DataLogic International's
web site at http://www.dlgi.com/.
This news release includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, as amended, regarding, among other things, our plans,
strategies and prospects, both business and financial. Although we believe
that our plans, intentions and expectations reflected in or suggested by these
forward-looking statements are reasonable, we cannot assure you that we will
achieve or realize these plans, intentions or expectations. Forward-looking
statements are inherently subject to risks, uncertainties and assumptions. Many
of the forward-looking statements contained in this news release may be
identified by the use of forward-looking words such as: believe, expect,
anticipate, should, planned, will, may, intend, estimated, and potential, among
others. Important factors that could cause actual results to differ materially
from the forward-looking statements we make in this news release include market
conditions and those set forth in reports or documents that we file from time
to time with the United States Securities and Exchange Commission. All
forward-looking statements attributable to DataLogic International or a person
acting on its behalf are expressly qualified in their entirety by this
cautionary language.
For further information please contact Donna Dolan, Investor Relations of
DataLogic International, Inc., +1-949-260-0120 ext. 204, .
DATASOURCE: DataLogic International, Inc.
CONTACT: Donna Dolan, Investor Relations of DataLogic International,
Inc., +1-949-260-0120 ext. 204,
Web site: http://www.dlgi.com/