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Collabria Negotiating with Buyers, Extends Server Shut Down Date

Thursday, June 21, 2001

Press release from the issuing company

6/21/01 (WhatTheyThink.com) - Sources familiar with Collabria's abrupt move to shut down and disconnect their servers this Friday have told WhatTheyThink.com that the company is extending the date and entertaining potential buyers. Sources say several companies are examining Collabria this week to determine the value of the company's assets including their customer list. Clients of Collabria are being told to look for other options and Collabria "is not suggesting alternative vendors to customers at this time." The company also extended the date in which their servers will be turned off. A letter sent to clients on June 18th said Collabria would terminate service on June 22nd. The date has been pushed back for the company's ASP customers to June 27th at 11:00 pm. WhatTheyThink.com was able to secure the following update sent to certain customers: The management team at Collabria takes this opportunity to thank its current customer base for their patience in dealing with a difficult situation. We understand and regret any inconvenience our current status presents. We announced on Monday, June 18th, that unless different arrangements could be made, we would be required to shut down our servers on Friday evening, June 22nd. Current arrangements have been made to ensure that our service to our ASP customers will remain in operation until 11:00 PM on Wednesday, 27 June, barring any unforeseen technical difficulties. It is possible that between now and that time, one of the companies which is considering the purchase of our assets will be able to provide for our customers the services we are currently providing. It is also possible that such a company could continue such operations and services with no interruption of your services. Collabria is making efforts to ensure the impact of any transition is as little as possible. We will continue to maintain a single contact number for all services and questions: 650-522-3229 or email jreed@collabria.com.

 

 

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