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SYAI News Alert Systems America Inc. (SYAI) 0.0004 09/27/2014

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Post# of 273319
Posted On: 09/27/2014 11:26:53 PM
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Posted By: Stock_Tracker
Systems America Inc. (SYAI) 0.0004 $SYAI

Scott Hammel Appointed Vice President and General Counsel at Cloudeeva
GlobeNewswire - Fri Mar 28, 6:00AM CDT
Cloudeeva, Inc. (OTC:SYAI) ("Cloudeeva" or the "Company" , a global Cloud services and Technology solutions company specializing in Cloud, Big Data, Mobility solutions and Outsourced services today announced the appointment of Scott Hammel in a new role of Vice President and General Counsel, based in San Ramon, California, and as a member of Cloudeeva's global senior leadership team. Scott will serve as General Counsel for Cloudeeva and lead the creation of an in-house litigation/dispute/regulatory resolution and corporate law practice. He will fulfill multiple internal and external roles, assuming responsibility for the Contracts department, SEC reporting, absorbing legal duties that were previously outsourced to outside counsel.

Cloudeeva Has Requested to Extend Timelines to Complete Acquisition of S&T AG as it Receives Cancellation of Letter of Intent
GlobeNewswire - Wed Feb 26, 9:53AM CST
Cloudeeva, Inc. (OTC:SYAI) ("Cloudeeva" or the "Company" , a global cloud and technology company specializing in Cloud, Big Data and Mobility solutions has announced that Cloudeeva has requested to extend timelines to complete acquisition of S&T AG (ISIN AT0000A0E9W5, WKN A0X9EJ, SANT) ("S&T" , one of the largest IT services and technology products provider in Central and Eastern Europe. The Letter of Intent required Cloudeeva to submit a publication by February 20, 2014 of documents detailing how the issuance of a voluntary takeover could proceed - or the steps needed to complete the transaction in a timely manner. Cloudeeva has been in extremely encouraging discussions with several highly revered institutional debt investors to finance the acquisition of S&T, although Cloudeeva has not been able to receive 100% financing commitment to launch the announcement and takeover offer by February 20, 2014 as agreed in the Letter of Intent. There are a number of debt investors who have indicated to Cloudeeva that they need more time to put together a firm commitment for financing. Cloudeeva and S&T have agreed to renegotiate terms as soon as Cloudeeva receives financing commitment from debt investors.

Cloudeeva Completes S&T AG Acquisition Due Diligence
GlobeNewswire - Wed Jan 22, 7:00AM CST
Cloudeeva, Inc. (OTC:SYAI) ("Cloudeeva" or the "Company" , a global cloud and technology company specializing in Cloud, Big Data and Mobility solutions has completed due diligence regarding the previously announced Letter of Intent to acquire S&T AG (ISIN AT0000A0E9W5, WKN A0X9EJ, SANT) ("S&T" , one of the largest IT services and technology products provider in Central and Eastern Europe. As the result of the positive pre-transaction due diligence outcome, Cloudeeva and S&T intend to move forward with completion of Definitive Documents and closing of the proposed transaction.

Cloudeeva Joins HP AllianceONE Partner Program
GlobeNewswire - Fri Dec 20, 7:00AM CST
Cloudeeva, Inc. (OTC:SYAI) ("Cloudeeva" or the "Company" , a global cloud and technology company specializing in Cloud, Big Data and Mobility solutions and services, today announced that it has joined the HP AllianceONE program. The two companies will work together to help clients optimize infrastructure capacity and provide flexibility and agility in developing custom applications.

Cloudeeva Appoints CCG Investor Relations to Increase Investor Awareness
GlobeNewswire - Tue Mar 26, 7:00AM CDT
Cloudeeva, Inc. (OTC:SYAI) ("Cloudeeva" or the "Company" , a premier provider of cloud computing and information technology solutions, is pleased to announce that it has appointed CCG Investor Relations ("CCG" to provide investor and corporate communications services for the Company. CCG will develop and implement a comprehensive investor relations program for Cloudeeva as well as execute market awareness initiatives to increase exposure throughout the investment community.

Systems America, Inc. Changes Name to Cloudeeva, Inc.
GlobeNewswire - Thu Mar 21, 3:50PM CDT
Systems America, Inc. (OTC:SYAI) ("Systems America" or the "Company" , a premier provider of cloud computing and information technology solutions, is pleased to announce that it has changed its corporate name to Cloudeeva, Inc. ("Cloudeeva" or the "Company" . The Company will also apply for a new ticker symbol with FINRA that will be announced shortly and is currently in process of launching a new corporate website at http://www.cloudeeva.com.






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