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: firstname.lastname@example.org; Please
visit our website at www.pulsedatainc.com