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Cotelligent, Inc. Sells IT Sales Force Automation Software and Services Solutions Business; Company To Change Name To Watchit Media, Inc. and Pursue Future In Dynamic Narrowcasting Market.

Publication: Business Wire
Publication Date: 20-JUL-05
Format: Online - approximately 475 words
Delivery: Immediate Online Access

Article Excerpt
SAN FRANCISCO -- Cotelligent, Inc. (OTCBB:CGZT) today announced it has sold its sales force automation software and services solutions business to Fastech Integrated Solutions, LLC, an affiliate of Beverly Hills based private investment firm, Skyview Capital, LLC. The transaction, which closed Friday July 15, 2005, provided Cotelligent with $2.3 million in cash at closing and the potential to earn up to an additional $1.45 million over the next three years....

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