Class Action Dismissed Against World Information Technology, Inc.
Class Action dismissed without prejudice by Judge Berman in the U.S. District Court Southern District of New York on May 5, 2005.
About World Information Technology, Inc.
NEW YORK, June 30 -- World Information Technology, Inc. (Pink Sheets: WRLT.PK - News), operating in Taiwan and main land China has introduced its first all-around online video streaming solution for integrated TV postproduction live custom programming. The Company has developed proprietary interactive real-time two-way data communications. The Company has set up various online shopping channels at and has become a dominant force in e-commerce in Taiwan. World Information has established a service enabling Internet users to create their own Web sites. The Company strives to improve the online experience of its users. Users are offered an opportunity to participate in commercial activities, which include affiliate programs with major merchants. World Information’s strategy is to be the Republic of China’s leading member-created online community for people on the Web.
Included in this release are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. The Company’s actual results could differ materially from those anticipated in the forward-looking statements.
SOURCE: World Information Technology, Inc.
World Information Technology, Inc. Parsh Patel (586) 344-5749
- Contact Information
- Mary Ellen Salens
- Executive Assistant
- World Information Technology
- Contact via E-mail
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