US Dataworks Announces it has Conducted Annual Meeting
September 16 2008 - 1:35PM
PR Newswire (US)
- Company Operations Not Affected By Hurricane Ike - HOUSTON, Sept.
16 /PRNewswire-FirstCall/ -- US Dataworks, Inc. (AMEX:UDW), a
leading innovator of payment processing solutions, announced that
its annual shareholder meeting was conducted yesterday, September
15, 2008. All proposals described in the Proxy Statement were
approved as per the Board of Directors' recommendations. "Even
though we have experienced a major disaster in the last several
days from Hurricane Ike, we were spared any damage," says UDW
Chairman and CEO Charles E. Ramey. "Our employees were not hurt and
will be dealing with the cleanup to their property over the near
term. Our data center was unscathed, the support of our customers
continued during Ike, and we are quickly returning to
back-to-business as usual." "Our prayers and support go out to all
of our employees and fellow citizens as the recovery process
continues over the next weeks and months," said Mario Villarreal,
President and COO. About US Dataworks, Inc. US Dataworks is a
developer of payment processing solutions, focused on the Financial
Services market, Federal, State and local governments, billers and
retailers. Software developed by US Dataworks is designed to enable
organizations to transition from traditional paper-based payment
and billing processes to electronic solutions that automate
end-to-end processes for accepting and clearing checks. Additional
information about US Dataworks is available at
http://www.usdataworks.com/. Forward-Looking Statements Except for
the historical information contained herein, the matters set forth
in this press release, including, but not limited to statements
regarding the operation of US Dataworks as it returns its
operations back to normal, are forward-looking statements within
the meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
subject to risks and uncertainties that may cause actual results to
differ materially, including, but not limited to, the Company's
position in the marketplace, our ability to return to normal
operation and other risks detailed from time to time in the SEC
reports of US Dataworks, including its annual report or its
quarterly report on Form 10-QSB for the period ended June 30, 2008.
These forward-looking statements speak only as of the date hereof.
US Dataworks disclaims any obligation to update these
forward-looking statements. CONTACTS: Charles Ramey, CEO Donald C.
Weinberger US Dataworks, Inc. Wolfe Axelrod Weinberger Assoc. LLC
Tel. (281) 504-8100 Tel. (212) 370-4500 Fax (212) 370-4505
DATASOURCE: US Dataworks, Inc. CONTACT: Charles Ramey, CEO of US
Dataworks, Inc., +1-281-504-8100; or Donald C. Weinberger of Wolfe
Axelrod Weinberger Assoc. LLC, +1-212-370-4500, Fax,
+1-212-370-4505, for US Dataworks, Inc. Web Site:
http://www.usdataworks.com/
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