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CALGARY, Sept. 12 /CNW/ - Sylogist Ltd. ("SYZ" - TSX Venture Exchange)
Sylogist and James Wilson have received a statement of claim from the former
shareholders of a private company Sylogist acquired for approximately $500,000
in share consideration in August, 2006, seeking damages in respect of the
acquisition inthe aggregate amount of $2 million. Sylogist and Mr. Wilson are
of the view that the claim is entirely without merit and intend to vigorously
defend the action. Sylogist will advise of any material developments in the
action as they arise.
Sylogist's stock is traded on the TSX Venture Exchange under the symbol
SYZ. Information about Sylogist can be found at http://www.sylogist.com.
- The TSX-Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release -
For further information:
For further information: Sylogist Ltd., Werner Biegler, President and
CEO, (780) 489-5756.