AtmanCo Announces Agreement to Sell the Assets of its Cyberhealth Divison
21 Febbraio 2014 - 3:00AM
Marketwired
AtmanCo Announces Agreement to Sell the Assets of its Cyberhealth
Divison
MONTREAL, QUEBEC--(Marketwired - Feb 20, 2014) - AtmanCo Inc. («
AtmanCo » or the « Company ») (TSX-VENTURE:ATW), innovative leader
in psychometric tests' web solutions for recruitment and
organizational development, announces today that it has entered
into an agreement to sell the assets of the cyberhealth division,
specialized in solutions for posture and fitness. The assets of the
cyberhealth division include technology, as well as some patents
and trademarks. AtmanCo will receive $ 610,000 in cash for the
assets of the cyberhealth division.
"Accepting this offer for the assets of the cyberhealth division
will allow us to focus our efforts, team and financial resources on
the development of our talent measurement solutions" said Michel
Guay, President and Chief Executive Officer of AtmanCo. "We believe
this transaction will benefit the Company, its shareholders and its
customers in the field of human resources" said Mr. Guay.
AtmanCo anticipates the closing of this transaction by the end
of March 2014. Parties involved in the transaction are AtmanCo Inc.
and 9295-5905 Québec Inc., a company owned by Sylvain Guimond. The
Cyberhealth division became a part of AtmanCo following the reverse
takeover in 2012. The parties are at arm's length.
This transaction is subject to usage conditions and approval of
the Autorité des marchés financiers (AMF) and the TSX Venture
Exchange.
Forward looking statements
This press release contains forward-looking statements that
reflect the Company's current expectation regarding future events.
There is a risk that expectations and forward looking statements
will not prove to be accurate. Readers are cautioned not to place
undue reliance on these forward looking statements as they involve
risks and uncertainties, which could make actual results differ
materially from those projected herein and depend on a number of
factors including, but not limited to, no history of profitability,
future financing, intellectual property and patents, key personnel,
competitive marketplace, technology obsolescence, share price
volatility and other risks detailed from time to time in the
Company's filings. While AtmcanCo anticipates that subsequent
events and developments may cause its views to change, AtmcanCo
specifically disclaims any obligation to update these forward
looking statements, unless obligated to do so by applicable
securities laws.
ATMANCO PROFILE
Field of human resources
Using a management interface (Web platform) that is among the
most advanced, AtmanCo helps executives and managers recruit
qualified human resources by placing the right person in the right
position.
By quickly obtaining results of psychometric tests, comparing
profiles to job norms and generating complementarity reports,
managers are equipped throughout their human resources
processes.
The Company stands out in its marketing approach via its Web
site, direct sales and partner network. For further information,
visit www.atmanco.com
AtmanCo inc.Michel GuayCEO514.935.5959 ext. 301AtmanCo inc.Edith
BourgeoisCFO514.935.5959 ext. 304www.atmanco.com
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