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Trustix AS Files Backruptcy, Distro Continues as TawieOct 01, 2003, 15:00 (1 Talkback[s])
PR: Trustix AS Files for Bankruptcy[ Thanks to Joachim Holst for this link. ]
[Editor's Note: Due to its brevity, the full press release from Trustix AS is posted here. -BKP]
The Trustix Board of Directors decided to file for bankruptcy on the last week of September, 2003. We therefore regret to inform you that all sales and support of the Trustix Linux Solutions product line will be suspended until further notice.
After declining sales due to very challenging market conditions in 2003, the Trustix Board of Directors initiated talks with several potential acquisition partners during second and third quarters of 2003. However, this did not yield a satisfactory result and Trustix AS filed for bankruptcy on the 29th of September 2003, according to Norwegian law
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