Veridigm, Inc.
OTC Bulletin Board : VRGD

January 16, 2008 12:53 ET

Veridigm Inc.: Emergency Majority Meeting-Clarification

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 16, 2008) - Veridigm Inc. (OTCBB:VRDG), is a provider in the progressive online gaming software and entertainment services international online gaming community excluding the USA. In a statement released today by Ms. Alise Mills and Mr. Rowland Mosser, Veridigm's executive management would like to clarify and correct the press release made on January 15th, 2008 in regards to Majority Holder of Veridigm Invokes Emergency Majority Meeting. The majority shareholders, executive and the Board of Directors did not authorize the release of this action to perform a majority shareholders meeting to be held January 16, 2008. All persons involved have been formerly notified of this action.

The Board of Directors and its management has unanimously approved not to proceed with a contract for investor relations and financial services with BC 0718806, a Vancouver-based financial services company and any of its partner companies. The contract was terminated January 14th, 2008.

Veridigm continues our ongoing commitment to providing leadership, credibility and corporate responsibility in today's online gaming software and entertainment services industry. We are committed to ensuring the Company is represented by strong, capable and reputable management who support the growth of the Company.

We appreciate the continued support of our shareholders and look forward to a successful completion of the Company's turnaround in 2008.

Forward-Looking Statement: The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "anticipate", "believe", "estimate", "may", "intend", "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.

Contact Information

  • Veridigm Inc.
    Investor Relations
    (778) 231-0907