servicemen andservicewomen." Further information on the CFALA Review Program, a brochure describing thestreaming media program, and an Active Duty Service Members` Application areavailable at or The next review program willbegin in August. The Company is marketing itsservices under Convey Wireless, a registered "doing business as" name. Forward-Looking StatementsStatements in this news release that are not purely historical facts, includingstatements regarding our beliefs, expectations, intentions or strategies for thefuture, may be "forward-looking statements" under the Private SecuritiesLitigation Reform Act of 1995. William Becker has no ownership, officer or director position inGreen Eagle.
About Telemetrix, Inc.Telemetrix is a wireless mobile telecommunications service provider and networkoperator, with headquarters in Boulder, Colorado. The Company is a provider ofwireless voice, data and short-messaging services. are majority-ownedby family members of William Becker, the current Chairman of the Board ofTelemetrix. The sale of the C & F Block Licenses to GreenEagle is subject to transfer of ownership approval by the Federal CommunicationsCommission.
William Becker Chairman of the Board stated, "The company believes this sale andforeclosure is in the best interest of the shareholders because it removes adebt obligation of approximately $4 million off the books of the company inexchange for assets that are below the value of that debt and the company stillhas the ability to utilize the network for future customers without incurringthe high operating cost of maintaining the network which Telemetrix believeswill allow the company to achieve profitable operations in the future." Green Eagle Communications Inc and Green Eagle Networks Inc. As a result, Telemetrix is able to reduce its debt by an amountthat is greater than the value of the assets purchased by Green Eagle in thetransaction. Telemetrix also negotiated an ongoing ability to utilize thenetwork being purchased by Green Eagle without having to carry the burden of thetotal operating network costs. Telemetrix also agreed on June 26, 2009 to sell the C & F Block Licenses andassociated roaming agreements and all the land, towers and antennas Telemetrixowns along with the associated network agreements to Green Eagle in exchange forthe tender of approximately $3,000,000 in outstanding debt owed by Telemetrix toGreen Eagle. (Green Eagle) in full satisfaction of debt owing to GreenEagle in the approximate amount of $975,000. These assets consist primarily ofthe Nokia media server equipment and bay stations along with the three patentsand the billing system owned by Telemetrix.
DENVER--(Business Wire)--Telemetrix Inc and Convey Communications Inc. (Telemetrix) transferred certainassets effective June 26, 2009 of Telemetrix under foreclosure to Green EagleCommunications Inc. Yardi Systems hasoffices throughout Asia, Australia, Europe and North America. More informationabout Yardi products and services may be found by visiting Yardi Systems, Inc.Joel Nelson, 800-866-1144 Copyright Business Wire 2009. The company meets the needs of seniors withindependent living, assisted living and Alzheimer`s/memory impairment carecommunities.
CRL operates communities in six Wisconsin cities and is expandingthroughout the state and the Midwest For more information, visit. About YardiFor more than 25 years, Yardi Systems has been solely committed to the design,development, and support of real estate investment management and propertymanagement software. Recognized as an industry leader, Yardi continues todevelop and deliver software and services with the highest dedication toresponsiveness, quality, innovation, and customer focus. He added, "We aim to position ourselves as innovators in healthcare. By givingus the tools to manage our care, market our communities to maximize occupancy,and operate efficiently, Yardi represents a major element of our brandingefforts and helps drive our innovation." About CRL Senior Living CommunitiesBased in Chicago, CRL specializes in operating and managing state-of-the-artsenior care residences that deliver the highest standard of care in speciallydesigned therapeutic environments.