NEW YORK, May 13, 2004 (PRIMEZONE) -- Chell Group Corporation (Pink Sheets:CHEL), a technology holding company, announced that as part of its program to become compliant with its filing requirements under the Securities Exchange Act of 1934, as amended, it today filed with the Securities and Exchange Commission its annual report on Form 10-K/A for the fiscal year ended August 31, 2002.
David Bolink, Chief Executive Officer of Chell, commented, "We are very happy to reach another significant milestone in our efforts to become current in our financial reporting requirements. We are pleased to announce that we are filing our 2002 results today and anticipate filing results for subsequent periods, bringing us current, shortly."
About Chell Group Corporation:
Chell Group Corporation (www.chell.com) is a technology holding company. Chell Group's operating subsidiaries includes Logicorp http://www.logicorp.ca, and eTelligent Solutions Inc. http://www.esicanada.com.
Forward-looking statements and comments in this press release are made pursuant to safe harbor provisions of the Securities Exchange Act of 1934. Certain statements, which describe Chell Group Corporation's intentions, expectations or predictions, are forward-looking and are subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors which could cause results or events to differ from current expectations include, among other things: the acceptance of Internet-based application service providers in the consumer market, the impact of rapid technological and market change, general industry and market conditions and growth rates.
HTML: http://newsroom.eworldwire.com/wr/051304/10280.htm PDF: http://newsroom.eworldwire.com/pdf/051304/10280.pdf ONLINE NEWSROOM: http://newsroom.eworldwire.com/2259.htm LOGO: http://newsroom.eworldwire.com/2259.htm