DDS-Maddocks Deal is Off

Sept. 13, 2004
Digital Dispatch Systems Inc. and Maddocks Systems Inc. announced their mutual decision to remain separate companies

Digital Dispatch Systems Inc. and Maddocks Systems Inc. announced their mutual decision to remain separate companies. This terminates a non-binding letter of intent announced on July 7, 2004.

“We remain impressed by Maddocks’ products and technology,” said Vari Ghai, president & CEO of Digital Dispatch. “Yet it is clear, given the results of our due diligence, combining our operations is not in the best interest of our shareholders.”

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