A few thoughts:
1) Shareholders and prospective investors are predominantly non-Europeans. Thus, this is just another example of Michelex' poor or non-existent IR capabilities.
2) It is possible that contracting companies do not want contractual status divulged via news releases. In that case, the use of 'like' or 'for example' would be acceptable.
3) Given what has transpired since the release (Dec. 20, 2010) Michelex' management has no one to blame but themselves for investors taking any of their pronouncements with a grain, make that a ton, of salt.
PS..It is possible that what was written in the news release is actually happening, but then again, how would we know? Right now, most investors are worried about the implosion of the company due to 'management issues'.
