Business
Sylogist Defends Claim
Sylogist Defends Claim.
About this update from Sylogist Ltd.
[{"type":"text","content":"\n\n\n\n/THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE\n\n\nSERVICES OR FOR DISSEMINATION IN THE UNITED STATES/\n\n\nCALGARY, Nov. 1 /CNW/ - Sylogist Ltd. ("SYZ" - TSX Venture Exchange)\nSylogist announces that it filed a Statement of Defence and Counterclaim in\nthe action commenced by Ken and Norine McDonald, referenced in its\nSeptember 12, 2007 press release. Sylogist asserts that the plaintiff's claims\nare entirely without merit and has counterclaimed for $4.2 million for\nbreaches of various representations and warranties made in the sale agreement\nby the plaintiffs.\n\n\nSylogist's stock is traded on the TSX Venture Exchange under the symbol\nSYZ. Information about Sylogist can be found at http://www.sylogist.com.\n\n\nThe TSX-Venture Exchange does not accept responsibility for the adequacy\n\n\nor accuracy of this release\n\n\n","length":938,"tagName":"div"}]