Alle Storys
Folgen
Keine Story von The Fantastic Corporation mehr verpassen.

The Fantastic Corporation

euro adhoc: The Fantastic Corporation
Layoffs & Downsizing
Fantastic Closes its Daughter Company FirmNET AG (E)

Disclosure announcement transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
Fantastic Closes its Daughter Company FirmNET AG
Zug, Switzerland - May 28, 2003 - The Fantastic Corporation (Prime
Standard Frankfurt: FAN), a provider of software products that
optimize data distribution within corporate networks, today announced
the closing of its 100% daughter company FirmNET AG. Fantastic takes
this measure in order to further lower operational costs in Europe.
After analyzing several alternatives the company decided to close
FirmNET in agreement with the new strategy and the disappointing
results of FirmNET. In February 2003 Fantastic had announced that it
has shifted its focus solely toward the market of enterprise Content
Delivery Networks (eCDN), with a special emphasis on the United
States.
All of the nine FirmNET employees will be made redundant.
end of announcement        euro adhoc 28.05.2003

Further inquiry note:

Herr Steinacher Dominik

Branche: Software
ISIN: CH0008310515
WKN: 924382
Index: Nemax All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Niedersächsische Börse zu Hannover / free trade
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade
Hamburger Wertpapierbörse / free trade
Bremer Wertpapierbörse (BWB) / free trade
Börse Düsseldorf / free trade
Baden-Württembergische Wertpapierbörse / free trade

Weitere Storys: The Fantastic Corporation
Weitere Storys: The Fantastic Corporation