Infocrossing Cancels 2007 Second Quarter Earnings Conference Call Due To Pending Acquisition By Wipro Technologies
August 08 2007 - 4:56PM
PR Newswire (US)
LEONIA, N.J., Aug. 8 /PRNewswire-FirstCall/ -- Infocrossing, Inc.
(NASDAQ:IFOX) a provider of selective IT infrastructure, enterprise
application and business process outsourcing services, today
announced that it has cancelled a conference call with investors
and analysts previously scheduled for Thursday, August 9, 2007 at
11:00 a.m. EDT to discuss the Company's results for the second
quarter of 2007. The conference call was cancelled because of the
pending acquisition of the Company by Wipro Technologies to be
conducted through a tender offer for all of the outstanding shares
of the Company, followed by a merger of the Company with a Wipro
subsidiary. The news release announcing the results for second
quarter and for the six months ended June 30, 2007 will be
disseminated after the market closes on August 9, 2007. About
Infocrossing (http://www.infocrossing.com/) Infocrossing, Inc.
(NASDAQ:IFOX) is a provider of selective IT outsourcing and
business processing solutions, delivering the computing platforms
and proprietary systems that enable companies, regardless of
industry, to process data and share information within their
business, and between their customers, suppliers and distribution
channels. Leading companies leverage Infocrossing's robust
computing infrastructure, skilled technical team, and
process-driven operations to reduce costs and improve service
delivery by outsourcing the operation of mainframes, mid-range,
open system servers, networks and business processes to
Infocrossing. Safe Harbor Statement This release contains
forward-looking statements within the meaning of Section 21E of the
Securities Exchange Act of 1934, as amended. As such, final results
could differ from estimates or expectations due to risks and
uncertainties, including, but not limited to: successful completion
of the tender offer for all of the Company's shares followed by the
merger with a subsidiary of Wipro Technologies; incomplete or
preliminary information; changes in government regulations and
policies; continued acceptance of the Company's products and
services in the marketplace; competitive factors; closing contracts
with new customers and renewing contracts with existing customers
on favorable terms; expanding services to existing customers; new
products; technological changes; the Company's dependence upon
third-party suppliers; intellectual property rights; difficulties
with the identification, completion, and integration of
acquisitions; and other risks. For any of these factors, the
Company claims the protection of the safe harbor for forward-
looking statements contained in the Private Securities Litigation
Reform Act of 1995, as amended. DATASOURCE: Infocrossing, Inc.
CONTACT: Zach Lonstein, Chairman and Chief Executive Officer,
+1-201-840- 4726, , or William McHale, Chief Financial Officer,
+1-201-840-4732, , or Investor Relations, Michael Wilczak,
+1-201-840-4941, , or Media Relations, Polly Wade, +1-678-728-1654,
, all of Infocrossing, Inc. Web site: http://www.infocrossing.com/
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