MONTREAL, Sept. 24, 2012 /CNW Telbec/ - INTEMA SOLUTIONS INC. (TSXV:
ITM) ("Intema" or the "Corporation"), a company that specializes in
marketing technology solutions, is pleased to announce that the British
Columbia Securities Commission, the Alberta Securities Commission and
the Autorité des marchés financiers have each granted a full revocation
of the cease trade orders previously filed against Intema (the "CTOs").
The revocation orders were filed on September 5, 2012, September 4,
2012 and September 5, 2012, respectively.
The CTOs were imposed for Intema's failure to file its annual audited
financial statements, annual management's discussion and analysis, and
certification of annual filings for the year ended December 31, 2010
(the "Annual Documents") and interim unaudited financial statements,
interim management's discussion and analysis, and certification of
interim filings for the interim period ended March 31, 2011 (the
Intema filed the Annual Documents on August 24, 2011 and the Interim
Documents on October 20, 2011. The Corporation did not immediately
apply to have the CTOs revoked and only after it proceeded with a major
restructuring of its finances, its board of directors and the
appointment of a new CFO did it seek the revocation of the CTOs. Intema
has continued to pursue business opportunities and the development of a
new technology platform that addresses the specific needs of predictive
marketing. The introduction of the platform to the market is planned
for the end of 2012
Intema had applied to the TSX Venture Exchange to reinstate the
Corporation's shares for trading and has been advised that trading is
scheduled to be reinstated effective the opening of September 25, 2012.
Intema re-iterates its intention to pursue its activities and to
continue its primary mission of integrating cutting-edge, integrated
marketing technologies. Intema intends to issue further news releases
as warranted by the progress of its various projects and its ability to
enter into material contracts.
About Intema Solutions Inc.
Intema Solutions Inc.'s mission is to integrate technologies to
marketing. The company develops technologies for marketing and services
related thereto. Its services are predictive marketing, relationship
marketing and database marketing. Since 1994, INTEMA has dedicated its
efforts to deliver key solutions to the marketing industry. Amongst its
clients are companies of all sizes in North America. For more
information, please visit our website at www.intema.ca
Caution concerning forward-looking statements
This news release contains discussion of items that may constitute
forward-looking statements within the meaning of securities laws that
involve risks and uncertainties. Such statements include those with
respect to the introduction of the Corporation's new platform and its
future activities. Although the Corporation believes that the
expectations reflected in such forward-looking statements are based on
reasonable assumptions, it can give no assurances that its expectations
will be achieved. Such assumptions, which may prove incorrect, include
the following: (i) no technological, financial or other obstacles will
prevent the Corporation from introducing its new platform in a timely
manner or altogether, (ii) the Corporation's management will not
identify and pursue other business opportunities in addition, or as
opposed to, its current activities, (iii) the Corporation will be
successful in securing sufficient debt or equity financing or
generating sufficient profits so as to finance its on-going operations.
Factors that could cause actual results to differ materially from
expectations include (i) the Corporation's failure to make effective
use of its available funds in future, (ii) the failure of the
Corporation's technology platform for technical or other reasons, (iii)
the refusal of the TSX Venture Exchange to reinstate the Corporation's
shares for trading, (iv) a deterioration in capital market conditions
that prevents the Corporation from raising the funds that it requires
on a timely basis and (v) generally, the Corporation's inability to
develop and implement a successful business plan for any reason. These
factors and others are more fully discussed in the Corporation's
filings with Canadian securities regulatory authorities available at www.sedar.com. Actual results may vary from the forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined on policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
SOURCE: Intema Solutions inc.
For further information:
please contact investor relations:
Contact: Robert Deslandes
Chief Financial Officer
Intema Solutions Inc.
Tel.: (514) 861-1881 - email@example.com