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Thursday, July 05, 2007 8:29:29 AM
Esprit CEO, Garr Winters, announced; "This is a win-win for both companies. As previously disclosed, Esprit has maintained a 23% interest, in GVHL we maintain the upside opportunity to benefit from the long-term potential we see in GVHL and IEXPAY while limiting our financial obligations and exposure. The result is that Esprit keeps both deals in friendly and cooperative hands".
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