TSX: PSD CALGARY, Aug. 21 /CNW/ - Pulse Data Inc. ("Pulse" or the "Company") announces that a special shareholders' meeting will be held at 10:00 a.m. (Calgary time) on September 21, 2007 at the Calgary Petroleum Club to approve the previously announced shareholder rights plan. Pulse expects to mail an information circular for the special shareholders' meeting by August 31, 2007 to its shareholders of record at August 24, 2007. In accordance with the TSX Company Manual when a shareholder rights plan is adopted after the announcement of a takeover bid for the company, the TSX has advised Pulse that it is deferring its consideration of the acceptance for filing of the shareholder rights plan until such time as the TSX is satisfied that the Ontario Securities Commission will not intervene pursuant to National Policy 62-202 regarding defensive tactics. Disclaimer: Certain information contained herein may constitute forward-looking statements under applicable securities laws. Such statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. Investors are encouraged to review the "Risk Factors" section of the Management's Discussion and Analysis in the Company's most recent Annual Report and interim reports for a discussion of risks that could affect the Company's operations and financial results. Forward-looking statements are based upon management's assumptions, expectations and estimates at the time that such statements are made. Pulse does not update forward-looking statements should circumstances change or management's assumptions, expectations or estimates change, unless required by law.
For further information:
For further information: Douglas Cutts, President and C.E.O., Tel: (403) 237-5559, Toll-free: 1-877-460-5559, E-mail: info@pulsedatainc.com; Please visit our website at www.pulsedatainc.com
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