DataLogic International Comments on Recent Trading Activities
March 08 2004 - 11:19AM
PR Newswire (US)
DataLogic International Comments on Recent Trading Activities
IRVINE, Calif., March 8 /PRNewswire-FirstCall/ -- DataLogic
International, Inc. (OTC Bulletin Board: DLGI; Berlin Stock
Exchange: 779612), today announced its belief that recent unusual
activity in the stock, marked by higher than normal daily trading
volume and volatility, is the result of third party actions. Derek
Nguyen, Chief Executive Officer of DataLogic, stated, "We believe
that unrelated third parties are largely responsible for the recent
and unusual trading activity of DataLogic's stock. We are unaware
of any issues within DataLogic or our subsidiaries that would
account for or justify the recent unusual trading volumes or
selling price of DataLogic's stock. Our fundamental business plans
and performance expectations remain in place as previously
disclosed." About DataLogic International, Inc. DataLogic
International, Inc. is a technology and professional service
company dedicated to providing a wide range of Information
Technology and Communications related products and services. For
more information about DataLogic, go to http://www.dlgi.com/ or
contact Investor Relations at or (888) 530-8228. This release
contains forward-looking statements within the meaningof Section
27a of the Securities Act of 1933, as amended and section 21e of
the Securities and Exchange Act of 1934, as amended. Those
statements include the intent, belief or current expectations of
the company and its management team. Prospective investors are
cautioned that any such forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties, and that actual results may differ materially from
those projected in the forward-looking statements as a resultof
various factors. Accomplishing the strategy described herein is
significantly dependent upon numerous factors, many are not in
management's control. Some of these factors include the ability of
the company to raise sufficient capital, attract qualified
management, attract new customers and effectively compete against
similar companies. DATASOURCE: DataLogic International, Inc.
CONTACT: Investor Relations of DataLogic International, Inc.,
+1-888-530-8228, Web site: http://www.dlgi.com/
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