Infowave Software announced that they are going out of business. I guess they couldn't make enough money in this field with mostly professional service and maintenance revenue. My heart goes out to those who will lose their job as a result.
http://www.marketwire.com/mw/release.do?id=789467
I believe the company's business registration will survive through this due to the accumulated tax loss.
Tuesday, November 6, 2007
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