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ITS, like so many of the old, big program, has struggled the last few months. They’ve been rather quiet about it. However, their update today looks promising.

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ITS News Update 08th February 2007
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We know it has been over 3 months since our last update and for that we apologise.

We have been as frustrated as you at the delays, promises and more delays.

Over the last few months we have had many meetings with banks and lawyers and are very confident we are now close to a long-term solution for the business. We know we said that in the last update, but since then, more opportunities have come our way and we now have more than one offer on the table.

The project we are working on has taken nearly three years to put together, the business plan is in several languages and has involved a great deal of time, planning, funding and working with several partners on two different continents.

The contracts have now been signed and the final banking and legal issues are close to completion. Because of Non-Disclosure agreements that are in place, we are unable to go into detail regarding the project, but be assured that we are working hard for all ITS members and look forward to bringing you the news you have all been waiting for very shortly.

Again: If you would like to have your existing pending sales orders cancelled and put back into stock to benefit from the current stock price, then please send an e-mail to

cancel_sales@its.tc.

In the Subject Line please put your account number, in the body of the message the sales order number(s) and date(s) placed. Please check this information is correct before you send.

Regards

System Admin
ITS Corp. – The IndEXperts

JMO,
Sharon

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