As a result of de-registration, the company's securities will not be eligible for trading on any national exchange or the OTC Bulletin Board; however, the company's securities may be eligible for quotation on the Pink Sheets (http://www.pinksheets.com) by broker-dealers as they have been for several months. There can be no assurance, however, that any broker-dealer will make or continue to make a market in the company's common stock, which would be required for trading on the Pink Sheets.
As previously reported, Delphax intends to update its shareholders with
annual financial information and interim communications covering important
developments. Delphax expects to show improved sales and a return to
profitability for the fiscal fourth quarter ended
About Delphax Technologies Inc.
Delphax Technologies Inc. is a global leader in the design, manufacture
and delivery of advanced digital print production systems based on its
patented electron-beam imaging (EBI) technology. Delphax digital presses
deliver industry-leading throughput for both roll-fed and cut-sheet printing
environments. These products are extremely versatile and handle a wide range
of substrates from ultra lightweight paper to heavy stock. Delphax provides
digital printing solutions to publishers, direct mailers and other printers
that require systems capable of supporting a wide range of commercial printing
applications. The company also licenses and manufactures EBI technology for
OEM partners that create differentiated product solutions for additional
markets. There are currently installations using Delphax EBI technology in
more than 50 countries worldwide. The company is headquartered in
Statements made in this news release concerning the company's or management's expectations about future results or events are "forward-looking statements." Such statements are necessarily subject to risks and uncertainties that could cause actual results to vary materially from stated expectations. Additional information concerning the factors that could cause actual results to differ materially from the company's current expectations is contained in the company's periodic filings with the Securities and Exchange Commission.
SOURCE Delphax Technologies Inc.