GREY:VMSTF - Post by User
Post by
jdzcribon Apr 01, 2002 4:03pm
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Post# 4949462
RangeGate extended
RangeGate extended Versatile Mobile Systems (Canada) Inc. (CDNX:VMS) previously announced on December 21, 2001, an agreement to acquire RangeGate (Pty) Ltd. from Datatec Ltd (JSE:DTC). Closing was scheduled for March 31, 2002.
By mutual agreement, closing has been extended to April 30, 2002 to enable Datatec Ltd to obtain regulatory approval from the South African Reserve Bank.
Versatile and RangeGate continue to work closely together on business opportunities in the United Kingdom, Europe and elsewhere.
About Versatile Mobile Systems
Versatile Mobile Systems provides mobile commerce solutions that enable enterprise integration of sales, marketing and logistics processes to drive revenue and improve operational efficiency. Versatile Mobile Systems partners with high technology leaders, such as Symbol Technologies, Fujitsu, and Qualcomm. Versatile's international customer list includes Cadbury Schweppes, Elizabeth Arden, Ocado, Bridgford Foods and Keebler.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Russ Millward Versatile Mobile Systems (Canada) Inc. Tel. (604) 683-2915 Fax (604) 683-2965 Web site: www.versatilemobile.com
The Canadian Venture Exchange has not reviewed and does not accept responsibility for the accuracy of this release.
(c) 2002 Versatile Mobile Systems (Canada) Inc. All rights reserved
© 2002 BCE Emergis E-News Services Inc.