IT >>> (Interesting Tidbit) Analytical Surveys, Inc., Postpones Annual Meeting

greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread

[Fair Use: For Education and Research Purpose Only]

LINK

ANALYTICAL SURVEYS POSTPONES ANNUAL MEETING

INDIANAPOLIS, Feb 11, 2000 /PRNewswire via COMTEX/ -- Analytical Surveys, Inc., (ASI) (Nasdaq: ANLT), a leading provider of customized data conversion and digital mapping services for geographic information systems (GIS) and related "spatial data" markets, today announced it has postponed its Annual Meeting of Shareholders, which was previously scheduled for February 16, 2000.

Management said a new meeting date will be announced following the completion of the Company's previously announced internal review of the business's contract cost-of-completion projections.

Analytical Surveys is an industry leader in providing customized data conversion, digital mapping and consulting services for the spatial data markets. Geospatial data is used for a variety of applications, including the creation of geographic information systems (GIS). A GIS is a high-resolution, large-scale, richly detailed "intelligent map" that allows users to input, update, query, analyze and display detailed information about a geographic area. Geographic information systems are widely used by utilities, state and local governments, federal agencies and commercial businesses to manage massive infrastructures effectively, to improve operating efficiencies and to analyze future demand for facilities. The Company's traditional markets have been utilities and state and local governments. ASI also is expanding its target markets by offering a broad new range of services.

Certain statements made in this press release are forward-looking statements within the meaning of the Private Securities Litigation Act of 1995. Results may differ materially from the Company's expectations. A number of uncertainties and other factors could cause actual results to differ materially from such forward-looking statements. A more detailed description of factors that could affect the Company's financial results are included in the Company's Annual Report on Form 10-K and other filings with the Securities and Exchange Commission.

SOURCE Analytical Surveys, Inc. (C) 2000 PR Newswire. All rights reserved. http://www.prnewswire.com

==========================================

-- Dee (T1Colt556@aol.com), February 11, 2000


Moderation questions? read the FAQ