|By PR Newswire||
|April 11, 2014 05:00 PM EDT||
ASHBURN, Va., April 11, 2014 /PRNewswire/ -- SteelCloud, Inc. (OTCQB: SCLD) (the "Company") announced today that, in order to satisfy a portion of its outstanding obligations, substantially all of its assets have been transferred to SteelCloud LLC, an unrelated private company. The Company intends to formulate a plan for the wind down of operations and the dissolution of the public Company within the next several weeks. The Company anticipates that there will be no distributions to its shareholders resulting from such plan.
FORWARD-LOOKING STATEMENTS: Statements in this press release that are not purely historical facts, including statements regarding SteelCloud, Inc.'s (the "Company") beliefs, expectations, intentions or strategies for the future, may be forward-looking statements. All forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from the plans, intentions and expectations reflected in or suggested by the forward-looking statements. Such risks and uncertainties include, among others, the Company's ability to obtain financing in the short term; general business conditions and the amount of growth in the computer industry and the general economy; competitive factors; ability to attract and retain key sales and management personnel; the price of the Company's stock. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances that may arise.
SOURCE SteelCloud, Inc.
Sep. 29, 2016 08:45 PM EDT Reads: 2,203
Sep. 29, 2016 08:45 PM EDT Reads: 1,541
Sep. 29, 2016 06:15 PM EDT Reads: 3,669
Sep. 29, 2016 06:00 PM EDT Reads: 1,534
Sep. 29, 2016 05:15 PM EDT Reads: 2,853
Sep. 29, 2016 05:15 PM EDT Reads: 1,579
Sep. 29, 2016 04:45 PM EDT Reads: 2,784
Sep. 29, 2016 04:45 PM EDT Reads: 3,439
Sep. 29, 2016 04:30 PM EDT Reads: 1,341
Sep. 29, 2016 04:30 PM EDT Reads: 1,955
Sep. 29, 2016 04:00 PM EDT Reads: 477
Sep. 29, 2016 04:00 PM EDT Reads: 2,394
In his session at @ThingsExpo, Kausik Sridharabalan, founder and CTO of Pulzze Systems, Inc., will focus on key challenges in building an Internet of Things solution infrastructure. He will shed light on efficient ways of defining interactions within IoT solutions, leading to cost and time reduction. He will also introduce ways to handle data and how one can develop IoT solutions that are lean, flexible and configurable, thus making IoT infrastructure agile and scalable.
Sep. 29, 2016 03:30 PM EDT Reads: 1,627
Sep. 29, 2016 03:30 PM EDT Reads: 2,551
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at EMC, will introduce a methodology for capturing, enriching and sharing data (and analytics) across the organizati...
Sep. 29, 2016 03:15 PM EDT Reads: 1,790