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LinuxPR: Linux NetworX To Remain Independent

May 05, 2001, 22:15 (0 Talkback[s])
"Linux NetworX, a leading provider of powerful and easy-to-manage Linux cluster computing solutions, announced today it will not be acquired by EBIZ Enterprises Incorporated (OTCBB: EBIZ). Regular business functions will continue without interruption.

'Our business has been very good in the last several months and our goal of providing superior products to our customers has not changed. Several new opportunities offer very positive and promising ways to achieve this goal,' said Glen Lowry, president and CEO of Linux NetworX. 'We still look forward to a productive and mutually beneficial business relationship between Linux NetworX and EBIZ Enterprises.'

Linux NetworX and EBIZ Enterprises announced a planned acquisition March 22. As part of the planned acquisition, the two companies signed a letter of intent for an operating agreement allowing EBIZ to manufacture Linux NetworX cluster compute nodes in its Houston, Texas Technology Center."

Press Release