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DLGI Digital Landscape Group Inc.

8.335
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Digital Landscape Group Inc. LSE:DLGI London Ordinary Share VGG2761A1057 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 8.335 7.95 8.72 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

DataLogic International Postpones Earnings Release; Announces Filing of Form 12b-25

31/03/2005 3:15pm

PR Newswire (US)


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DataLogic International Postpones Earnings Release; Announces Filing of Form 12b-25 IRVINE, Calif., March 31 /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 that it has postponed its earnings release regarding results for the fourth quarter and fiscal year ended Dec. 31, 2004, and that it will file a Form 12b-25 (Notification of Late Filing) with the Securities and Exchange Commission with respect to its annual report on Form 10-K for the year ended Dec. 31, 2004. The late filing is the result of delays DataLogic has experienced in completing its financial statements and audit for the year ended Dec. 31, 2004. The delays stem directly from the time required to reorganize the Company and support new executives, integrate the ISS asset purchase, and develop new business. Additional impact on the timeline was caused by delay in obtaining the necessary financials and due diligence items from domestic and foreign clients for both of the Company's subsidiaries. DataLogic was unable to complete its Annual Report on Form 10-K for the period ended Dec. 31, 2004, without the expenditure of unreasonable effort and expense, as outlined in its Form 12b-25 filing. The purchase of the ISS assets was part of DataLogic's strategic plan to expand into the Homeland Security market, which creates new business opportunities. The Company expects to use DataLogic's capabilities to expand ISS' business model to provide computing solutions to state and local government agencies throughout the United States. DataLogic has not set a date and time for the rescheduled earnings announcement. 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 and commercial organizations. For more information about DataLogic International, please visit 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. Contact Information: Keith C. Moore, Chairman and CEO DataLogic International, Inc. 949-260-0120. ext. 106 Sean Collins, Partner CCG Investor Relations and Strategic Communications 818-789-0100, ext. 202 DATASOURCE: DataLogic International, Inc. CONTACT: Keith C. Moore, Chairman and CEO of DataLogic International, Inc., 1-949-260-0120, ext. 106; or Sean Collins, Partner of CCG Investor Relations and Strategic Communications, +1-818-789-0100, ext. 202 Web site: http://www.dlgi.com/

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