GPXS/ISEC7 Merger has been suspended
AMSTERDAM/HAMBURG, Tuesday 28, October 2008 ‐ GPXS Holding Ltd., the parent company of GPXS, a leading global smartphone software, services, and training provider, and ISEC7, a worldwide operating BlackBerry® Alliance Member and full service center provider, today announced that the definite agreement to acquire ISEC7 from May 2008 has been suspended. The worldwide financial market crisis and its economic impact made it impossible to adhere to the agreed terms and timing roadmap.