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Mitchell-Wright Technology Group, LLC Urges Art Technology Group Shareholders to Vote Against the Merger With Primus Knowledge Solutions, Inc.

Publication: PR Newswire
Publication Date: 18-OCT-04
Format: Online
Delivery: Immediate Online Access

Article Excerpt
CINCINNATI, Oct. 18 /PRNewswire/ -- Mitchell-Wright Technology Group, LLC ("MWTG") today called for shareholders to choose the certainty of profits over the hope of an uncertain merger plan. MWTG believes that the management and Board of Directors of Art Technology Group ("ARTG") [Nasdaq: ARTG] have failed to provide a merger plan with Primus Knowledge Solutions, Inc. ("Primus") [Nasdaq: PKSI] that would justify increasing the outstanding ARTG common shares by 45%.

MWTG believes that the Board and management have chosen to continue to operate the company at a loss because they believe in the idea of being a 'large company'. We believe the market has changed for small technology companies -- market value is driven...

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