netGuru Inc. Clarifies Ex-Distribution Date; Regarding Partial Liquidation Related to Sale of REI Assets

YORBA LINDA, Calif.—(BUSINESS WIRE)—Jan. 13, 2006— netGuru, Inc. (Company) (Nasdaq: NGRU), in response to numerous inquiries, clarified the timing of the "ex-distribution" date related to the cash distribution in the amount of $0.85 per common share that is anticipated to be paid on January 27, 2006, to shareholders of record as of January 17, 2006.

An ex-distribution date is the day on or after which shares trade without a particular distribution. Due to the magnitude of the anticipated distribution and consistent with NASD Uniform Practice Code Rule 11140(b)(2), the ex-distribution date, as previously announced, is anticipated to be January 30, 2006, which is the first business day following the January 27, 2006, payable date for the distribution. Shareholders should contact their brokers with any questions regarding the mechanics of the distribution.

About netGuru

netGuru is an engineering services company offering engineering business process outsourcing (EBPO) services for the architecture, engineering, and construction (A/E/C) industry; document/project collaboration software/solutions for A/E/C companies, enterprise software providers, software integrators, and other businesses engaged in document/project-centric operations; and technical services and support. netGuru offices are located in the United States, Europe, and India. For more information, go to www.netguru.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

With the exception of historical or factual information, the matters discussed in this press release, including the plan, terms and timing of the distribution are forward-looking statements that involve risks and uncertainties. Actual future events may differ. Factors that could cause or contribute to such differences include, but are not limited to, the ability of the Company to complete the distribution plan, terminate stock plan options, adjust option and warrant exercise prices, reduce costs and expenses, and identify and consummate a potential strategic transaction; business conditions; the demand for collaborative software and EBPO services; competition; and other factors discussed in the "Risk Factors" Section of netGuru's Form 10-KSB for the fiscal year ended March 31, 2005, and other filings made with the U.S. Securities and Exchange Commission.



Contact:
netGuru, Inc.
Bruce Nelson, 714-974-2500 x-5215
  or
Silverman Heller Associates   
Dan Matsui/Gene Heller, 310-208-2550



Review Article Be the first to review this article
Rand3D

SolidCAM - Break The Chains

Featured Video
Jobs
Mid-Level Mechanical Engineer for Kiewit at lenexa, Kansas
Mechanical Engineer for Allen & Shariff Corporation at Pittsburgh, Pennsylvania
System Designer/Engineer for Bluewater at Southfield, Michigan
Product Manager for CHA Consulting, Inc. at Boston, Massachusetts
Geospatial Analyst/Programmer for LANDIQ at Sacramento, California
GIS Data Analyst for CostQuest Associates, Inc. at Cincinnati, Ohio
Upcoming Events
ESPRIT World 2018 at Indianapolis Marriott Downtown 350 West Maryland Street Indianapolis IN - Jun 11 - 15, 2018
HxGN LIVE 2018 at The Venetian Las Vegas NV - Jun 12 - 15, 2018
IMTS2018 International Manufacturing Tech Show at McCormick Place Chicago IL - Sep 10 - 15, 2018
4th International Conference on Sensors and Electronic Instrumentation Advances (SEIA' 2018) at Movenpick Hotel Amsterdam City Centre Amsterdam Netherlands - Sep 19 - 21, 2018
Kenesto: 30 day trial
MasterCAM



Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise