CyberKey Completes Reverse Split of Stock
Business Wire, Sept 24, 2004
SALT LAKE CITY -- CyberKey Corp. (Pink Sheets: CYKC) announced today that it has completed a reverse split of 100:1 of the company's stock.
"We chose to do a reverse split at this time to better position the per share price to better represent the value of the company's technology in relationship to its markets," said Jim Plant, CyberKey founder and chairman. He continued, "Further, the reverse split will better position the company to grow through acquisition and exploit a variety of market opportunities before us in personal and business products and services utilizing our flagship CyberKey technology. We are looking at the opportunities in the marketplace and there are a number of available technologies that give CyberKey a much more compelling set of products and solutions in entertainment, business and government."
CyberKey solutions solve real-world issues in entertainment, government, military, education, and industry. CyberKey technologies allow users to securely untether music, video, data files, and software applications, and take it with them to the office, home, and while traveling. For more information, visit CyberKey's Web site at www.cyberkeycorp.com