On March 8, 2017, Iconsulting Group, Inc., Independent Software, Inc. and George Street Services Inc. filed a legal action against Exceptional Software Strategies, Inc. (the “Company”) seeking to force the liquidation of the Company under Chapter 7 of the U.S. Bankruptcy Code. The Company has not been and is not in bankruptcy, nor is it at risk of going into bankruptcy. The Company is financially sound and continues to operate in the ordinary course of business. The Company intends to immediately seek the dismissal of this legal proceeding and further intends to seek both compensatory and punitive damages against the filing parties as permitted under the Bankruptcy Code for the substantial harm to the Company and its nearly 100 employees caused by the filing of this unjustified involuntary bankruptcy petition. The Company believes that the action has no merit and expects to prevail so that it will not be forced into bankruptcy.
The Company has engaged the law firm of Whiteford, Taylor and Preston LLP to protect its interests and to obtain all necessary and appropriate relief from the Bankruptcy Court to address the damages caused by this ill-conceived action.
The case number is 17-13141, pending in the United States Bankruptcy Court for the District of Maryland.
About Exceptional Software Strategies, Inc.: Exceptional Software Strategies, Inc. is a professional services company providing Information Technology solutions and services to mission-oriented Federal Civilian Agencies and DoD. Throughout its history Exceptional Software has focused on support to the Intelligence Community (IC) in Maryland, as well as clients outside the IC – e.g. the Department of Justice, NASA, Nuclear Regulatory Commission and the US Army, etc.