Editions   North America | Europe | Magazine


WAM!NET To Delay Filing Quarterly Report, Blames Fund Raising Efforts

Press release from the issuing company

8/16/01 - (WhatTheyThink.com) According to a filing this week with the SEC, WAM!NET has notified investors that they will delay their required 10-Q filing. According to the report, “The registrant has been in active discussions with a financing partner regarding a potential financing transaction. These discussions have required a substantial time commitment from the employees of the registrant. Due to the time spent by such employees working on this potential transaction, the registrants' Form 10-Q for the quarterly period ended June 30, 2001, could not be filed within the prescribed time period without unreasonable effort or expense.” WAM!NET is a global provider of information technology and digital media solutions. WAM!NET's services, which include managed network, data storage, hosting and application services, are delivered in a utility-like model via the company's highly integrated IT platform, enabling commercial and government customers to access the combination of IT services they need on a transactional basis. In doing so, customers are united with their community of interest, which collaborates to specify, create, print, store, broadcast and distribute content within WAM!NET's online, secure digital environment.

WhatTheyThink is the official show daily media partner of drupa 2024. drupa Event Coverage | drupa daily programs