Wizcom Technologies Ltd. :Ad hoc: Wizcom Technology Ltd. Files for Insolvency

Wizcom Technologies Ltd. :Ad hoc: Wizcom Technology Ltd. Files for Insolvency

ID: 112951

(Thomson Reuters ONE) -
Wizcom Technologies Ltd. /
/
Ad hoc: Wizcom Technology Ltd. Files for Insolvency
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The issuer is solely responsible for the content of this announcement.

Rosh Ha'ayin,  February 09, 2012 - The Board of Directors of Wizcom Technologies
Ltd. (Prime Standard: WZM, IL 0010830706) informs that the Company has filed for
insolvency  at the court, as the Company has not been able to solve its
liquidity issues. The Board expects that the court will nominate an
administrator for Wizcom Technologies Ltd. As public administration in Israel is
on strike today, no decision has been received from the court as yet.

Board and Management will inform shareholders about further developments as and
when material information becomes available.


For further information, please contact:

Wizcom Technologies Ltd.
Tiran Fartouk, CEO
13 Hamelacha St.
Rosh Ha'ayin, 48091, Israel
Phone +972-3-9103330
tiran(at)wizcomtech.com

SCHWARZ Financial Communication
Frank Schwarz
Investor Relations
Phone +49-611-1745-398-11
Schwarz(at)schwarzfinancial.com






This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Wizcom Technologies Ltd. via Thomson Reuters ONE

[HUG#1584110]




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Datum: 09.02.2012 - 12:11 Uhr
Sprache: Deutsch
News-ID 112951
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