Saratoga Electronic Solutions Inc.

Saratoga Electronic Solutions Inc.

October 25, 2007 15:05 ET

Saratoga Electronic Solutions: Election of New Board by the Shareholders

MONTREAL, QUEBEC--(Marketwire - Oct. 25, 2007) - At the Shareholders Annual Meeting of Saratoga Electronic Solutions Inc (TSX VENTURE:SAR), that was held in Montreal at the head office of the Corporation, a new Board was elected by the Shareholders.

New Board Directors appointees are:

-Georges A. Durst

-Donald W. Seal, QC

-Pierre Arbour

-Andre Link

-Alfred Perez

-Martin Fontaine

These appointments are effective immediately. In the name of Saratoga Electronic Solutions Inc shareholders, we welcome the new Board members.


The Company is in the business of placing and operating automatic teller machines (ATM's) and is currently in start-up of its Person to Person Filipino money remittance operations. The Corporation is continuing to develop other banking and prepaid solutions.

Forward looking statements

This news release contains certain forward-looking statements concerning our future operations, economic performance and financial condition. These statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments as well as other factors we believe are appropriate in the circumstances. However, whether actual results and developments will conform to our expectations and predictions is subject to a number of risks, uncertainties and assumptions. Consequently, all of the forward-looking statements made in this news release are qualified by these cautionary statements, and there can be no assurance that the results or developments anticipated by us will be realized or, even if substantially realized, that they will have the expected consequences to or effects on us and our subsidiaries or their business or operations.

We undertake no obligation and do not intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable law.

Contact Information

  • Saratoga Electronic Solutions Inc
    Georges Durst