Thursday, January 08, 2004

ImageMax Files Form 15 to Deregister Its Common Stock
FORT WASHINGTON, Pa., Jan. 8, 2004 (PRIMEZONE) -- ImageMax, Inc. (OTCBB:IMAG) today filed a Form 15 with the Securities and Exchange Commission to deregister its common stock and suspend its reporting obligations under the Securities Exchange Act of 1934. The Company expects the deregistration to become effective within 90 days of the filing with the SEC. As a result of the Form 15 filing, the Company's obligation to file with the SEC certain reports and forms, including Forms 10-K, 10-Q, and 8-K, have been suspended and upon effectiveness will cease. The Company expects to realize significant cost savings as a result of being relieved of its SEC reporting requirements. The Company's securities will no longer be eligible for quotation on the Over The Counter Bulletin Board (OTCBB).
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