Remote Dynamics Inc (RMTD)

[txchick999]

Nope it is not a scam...Remote Dynamics was purchased by Telogis. This article was on trading markets. This logo on this message board do not know if it was fake.

Telogis Inc reports acquisition of Remote Dynamics Inc
Posted on: Fri, 02 Jul 2010 07:35:09 EDT

Symbols: RMTD, RDYM
Jul 02, 2010 (M2 EQUITYBITES via COMTEX) -- Location intelligence company Telogis Inc stated on Friday the completion of the acquisition of the assets of Remote Dynamics Inc (NASDAQ: RDYM | PowerRating) (OTCBB:RDYM) for an undisclosed value.
This acquisition will further expand Telogis' footprint into the valuable construction and heavy lifting sectors.
In return, the Telogis product line will provide Remote Dynamics' customers with a strong suite of tools to increase the efficiency and profitability of their mobile assets.
The acquisition will integrate Dynamics Inc's established product set into Telogis' existing suite of solutions.
Additionally, the acquisition will enable Remote Dynamics' customers to leverage the rich functionality, scalability and reporting capabilities of Telogis Fleet and its enterprise platform, providing them a deeper insight into the daily operations and strategic planning of their fleets.
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