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SIRIT Inc. ("SIRIT") announced today
that
Alan G. Quasha has
resigned from its Board of Directors in order to pursue
other commitments he has made. William Staudt, Chairman
and Chief Executive Officer of SIRIT stated that "the
Board greatly appreciates
Mr. Alan Quasha's service
and specifically his valued counsel in the year
following the acquisition of SIRIT Technologies Inc.".
Allen Quasha's broad experience, wisdom and business
acumen was vital in the achievement of many of
SIRIT'S strategic goals and objectives. SIRIT also announced today that Evansville, Ltd.
("Evansville") sold approx 3.5 million common shares of
SIRIT. Evansville, having participated in the recent
rights offering for SIRIT, was looking to reduce its
holdings and capitalize on the ...
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