Cloud Centric Systems, Inc Releases Update on DTCC Chill Order

CLDR Updates the markets on the DTCC situation
London, February 14th 2011, Cloud Centric Systems, Inc. (pk:CLDR) today updates the markets on the latest information received from the Depository Trust and Clearing Corporation.

On Thursday 10th February 2011, the Attorney for Cloud Centric Systems, Inc, Ms. Hamilton, received the following information from the DTCC in the form of an email:

“In cases where DTC places a restriction on services due to legal and regulatory concerns regarding the freely transferable status of shares held in our nominee name of Cede & Co, DTCC will consider requests for reinstatement of services.  Given that DTCC performs back office processes on behalf of its bank and broker dealer Participants, we will consider a review for reinstatement of services provided that request originates from a DTCC Participant.  To date, no DTCC Participant has contacted us requesting reinstatement of services for Cloud Centric.  A list of our Participants is...

Cloud Centric Systems, Inc


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