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Saratoga Electronic Solutions Inc. Announces Revocation of Management Cease Trade Order

  • Press Release
  • Source: Saratoga Electronic Solutions Inc.
  • On 1:26 pm EST, Thursday January 8, 2009

MONTREAL, QUEBEC--(MARKET WIRE)--Jan 8, 2009 -- Saratoga Electronic Solutions Inc. ("Saratoga") (CDNX:SAR.V - News) announced today that the Autorite des marches financiers (Quebec) has revoked its previously issued Management Cease Trade Order which prohibited trading by directors, officers and certain employees of Saratoga in the securities of Saratoga.

ABOUT SARATOGA ELECTRONIC SOLUTIONS INC.

Saratoga is in the business of placing and operating automatic teller machines and, through its wholly-owned subsidiary Car-Tel Distributions Inc., distributes prepaid phone cards and point-of-sale activated prepaid phone PINs. In addition, Saratoga has recently developed an infrastructure to support the international electronic remittance of funds designed to enable persons residing in Canada to electronically transfer funds to persons residing overseas. The initial launch of this service by Saratoga has been focused on the needs of the Canadian Filipino community to send funds to the Philippines in an economical and secure manner.



The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact:

     Contacts:
Saratoga Electronic Solutions Inc.
Georges Durst
President and Chief Executive Officer
514-529-0663
 

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