MONTREAL–(BUSINESS WIRE)–Intema Solutions Inc. (“Intema” or the “Company”) announces that the
Superior Court of Quebec (Commercial Division) yesterday, August 29,
2018 allowed its request for the issuance of a initial order under the
Companies’ Creditors Arrangement Act (the Bankruptcy and Insolvency Act,
Part 1 Proposal) (the “Act”). The Company intends to use the provisions
of the Act to prepare and present an arrangement to its creditors. Under
the terms of the order, Demers Beaulne Inc. will act as court-appointed
trustee in the proceedings under the Act and will assist the corporation
in developing its restructuring plan. The company has not yet developed
a restructuring plan. The Company’s management intends to make regular
updates with respect to its restructuring plan.
As a result of current circumstances, the Corporation’s board of
directors has determined that, because of the current situation, it was
in the best interest of its shareholders, employees and creditors to be
under the protection of the Act.
About Intema Solutions Inc.
Intema’s mission is to integrate technologies to marketing. The company
develops technologies for marketing and services related to predictive
marketing, relationship marketing, database marketing and Blockchain
applications. Since its inception, Intema has dedicated its efforts to
deliver key solutions to the marketing industry. Amongst its clients are
companies of all sizes in North America. For more information, please
visit our website at www.intema.com
Intema Solutions Inc.
Roger Plourde, +1-514-861-1881