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Print Data Corp. Completes Acquisition of Atlantic Components Ltd. of Hong Kong.

Publication: PR Newswire
Publication Date: 01-OCT-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Print Data Corp. (OTC Bulletin Board: PDDE). Print Data Corp. (the "Company" or "Print Data") announced today that it has completed the acquisition ("Transaction") of 100% of Atlantic Components Limited ("Atlantic"), a Hong Kong Corporation involved in the distribution and resale of electronic memory products and other microchip components, pursuant to a Share Exchange and Reorganization Agreement with Atlantic and Mr. Chung-Lun Yang, the sole beneficial stockholder of Atlantic. As a result of the Transaction, Atlantic has become a wholly-owned subsidiary of Print Data and Mr. Chung-Lun Yang and other designated parties were issued an aggregate of 25,000,000 newly issued shares...

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