SoftBrands Reschedules Fourth Quarter Earnings Release and Conference Call to December 21 Dec 13, 2006
In order to complete its fiscal 2006 year-end audit, the company needs to first complete its preliminary assessment of purchase accounting and then file its Form 8-K reporting the acquisition of MAI Systems Corporation and its subsidiary Hotel Information Systems (HIS). The filing of the Form 8-K is expected to occur in the next several days, however, the company previously announced that it expected to have it completed on or before December 6. (PR Newswire)
MAI Systems Files With SEC to Become Non-Reporting Entity Oct 29, 2005
Oct. 28 /PRNewswire-FirstCall/ -- MAI Systems Corporation (OTC: MAIY) announced today that it has filed a definitive Information Statement (Schedule 14C) and a definitive Transaction Statement (Schedule 13E-3) to complete a 1:150 reverse stock split, which shall become effective on November 23, 2005 ... MAI CEO, W. Brian Kretzmer commented, "This is an important step in the Company's future and will allow us to substantially reduce our costs by becoming a non-reporting entity. Further, it allows... (PR Newswire)
MAI Systems Corporation Reports Debt Restructuring Sep 30, 2005
Source: MAI Systems Corporation ... Sept. 29 /PRNewswire-FirstCall/ -- MAI Systems Corporation (OTC: - ) announces that HIS Holding LLC, an investor which includes the Chairman of our Board of Directors, Richard S. Ressler, two of its executive officers, W. Brian Kretzmer and James W. Dolan, and its senior lender, Canyon Capital Advisors LLC ("Canyon"), which controls the majority of the Company's common stock (84 ... W. Brian Kretzmer, CEO of MAI Systems Corporation, commented, "These... (Yahoo Finance -- Computer Networks)
Hotel Information Systems and TierOne Hospitality Solutions Partner to Bring Next Generation Technology to the Canadian Market Jul 25, 2005
LAKE FOREST, CA, July 25 /CNW/ - Hotel Information Systems, a division of MAI Systems Corporation (OTCBB: MAIY.OB) announces that it has reaffirmed its appointment of TierOne Hospitality Solutions as its exclusive distributor in Canada of the Hotel Information Systems' core, epitome and Business Intelligence products ... Sasun Musliyan, President of TierOne Hospitality Solutions further added "We are extremely pleased to extend our business partnership with Hotel Information Systems. Their... (Canada Newswire)
MAI Systems Corporation to Be Acquired by Appian, Inc. Mar 2, 2005
Source: MAI Systems Corporation ... SALT LAKE CITY, March 1, 2005 (PRIMEZONE) -- Appian, Inc. has executed an offer to acquire MAI Systems Corporation (OTC BB: - ) based in Lake Forest, California ... Terms of this proposed offer include issuance and exchange of a $2 convertible preferred share for each common share of MAI Systems Corporation. (Yahoo Finance -- Computer Networks)
MAI Systems Reports Third Quarter 2004 Results Nov 30, 2004
Nov. 29 /PRNewswire-FirstCall/ -- MAI Systems Corporation (OTC Bulletin Board: MAIY) announced its third quarter results ... W. Brian Kretzmer, CEO of MAI Systems Corporation, commented, "Our year to year results are very consistent. We are pleased with our ability to continue our commitment to product development, maintain our revenue level and begin to gain customer acceptance for our new Enterprise products." MAI Systems Corporation, headquartered in Lake Forest, California has worldwide... (PR Newswire)
Ayres Hotel Group Standardizes with epitome PMS From Hotel ... May 10, 2004
About Hotel Information Systems - Hotel Information Systems, Inc. (HIS) is a wholly owned subsidiary of MAI Systems Corporation (OTCBB: MAIY.OB). HIS provides total enterprise management solutions, improving critical operations and profitability for global hotel organizations. (Hospitality Net)
THU Apr 1, 04, 5:57 PM Apr 2, 2004
April 1 /PRNewswire-FirstCall/ -- MAI Systems Corporation (OTC Bulletin Board: MAIY) announced today that its 2003 revenue, net income, and income per share from continuing operations were $19 ... MAI Chief Executive Officer W. Brian Kretzmer commented, "I am pleased that our hospitality business was profitable for the fourth consecutive year despite a very difficult lodging market. We continued to make progress with our new products, increased our presence in Asia and improved our... (PR Newswire)
