Eurocontrol Technics Ord EUCTF

Where it will be spent .

[koast2]

With the anticipated sale of GFI to SICPA, the company has identified a number of acquisition opportunities that it plans to perform due diligence on. Additionally, investments in R&D programs within Xenemetrix and Xwinsys, the company's two remaining wholly owned subsidiaries, will be a priority. The growth of Eurocontrol through acquisitions and integration of complementary businesses is an important component of the company's business strategy. Eurocontrol continues to seek opportunities to acquire or invest in businesses, products and technologies that are complementary and would provide for expansion in the areas of authentication, verification and certification.

[shawshank]

I believe in selling GFI for upfront capital they already have a company(s) identified for aquisition and made discussions prematurely prior to the sale to SICPA-SICPA probably inquired and expressed interest in GFI a long time ago-but wasn't tangible to EUO at the time. Now that they have made the business decision in what direction will be the highest value and return on investment ona