Guest-Tek Announces Revocation of Cease Trade Orders

Tue Dec 18, 2007 9:03pm EST
 
[-] Text [+]
CALGARY, Dec. 18 /PRNewswire-FirstCall/ - Guest-Tek Interactive
Entertainment Ltd. (the "Corporation" or "Guest-Tek") (TSX: GTK) today
announced that the cease trade orders that were issued by the Alberta
Securities Commission, the British Columbia Securities Commission, the
Autorite Des Marches Financiers and the Ontario Securities Commission (the
"CTOs") against the Corporation's common shares have been revoked. The CTOs
were issued due to the fact that the interim unaudited financial statements
for the period ending December 31, 2006 (the "Interim Financials") were not
filed by April 14th, 2007. The Corporation filed the Interim Financials on May
30, 2007 and has filed all subsequent financial statements required under its
continuous disclosure obligations.
    About Guest-Tek
    Guest-Tek is the world's largest provider of IP based technology solutions
for the hospitality industry. Guest-Tek's OneView platform provides hotels
with converged data, video and telephony services. Guest-Tek is a preferred
vendor to major hotel brands, providing services including network design,
procurement, implementation, and post sales customer support to 3,066
properties and over 507,000 rooms. Guest-Tek's common shares trade on The
Toronto Stock Exchange under the trading symbol "GTK". The company's head
offices are in Calgary, Alberta, and it has major support facilities in
Irvine, California, and Warsaw, Poland as well as Sales offices located
throughout North America and Europe. For more information about Guest-Tek, go
to www.guest-tek.com.
    NEITHER THE TORONTO STOCK EXCHANGE, NOR ANY OTHER REGULATORY BODY HAVE
    REVIEWED THIS NEWS RELEASE AND THEY NEITHER APPROVE NOR DISAPPROVE OF THE
    CONTENTS OF THIS NEWS RELEASE.


SOURCE  Guest-Tek Interactive Entertainment Ltd.

Arnon Levy, President & CEO of Guest-Tek at (403) 444-8488 or email at
arnon.levy@guest-tek.com; or Geoff Clark, CFO of Guest-Tek at (403) 444-8427
or email at geoff.clark@guest-tek.com

 

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better