InvestorsHub Logo

CaptainJim

03/20/08 9:08 AM

#15678 RE: cguy #15677

It was ARNE that released it so YES

669

03/20/08 9:26 AM

#15680 RE: cguy #15677

Arne Dunhem, Ariel Way president and CEO, said, ``Many have been awaiting the news on the Syrei transaction. For various reasons, our signing of the agreement got delayed. We are truly excited with Syrei becoming part of Ariel Way. Syrei president Thomas Strangert's team of technical experts have over ten years successfully been providing and will continue to provide services worldwide to major corporations and telecom operators. They will also add global expertise to our strategy of building a state-of-the-art highly secure Digital Signage Network and will have primary focus on markets in Europe and Asia. We expect this acquisition to be immediately accretive to Ariel Way's earnings.''