Landover, MD (PRWEB) May 4, 2010
L-Soft international has emerged from Chapter 11 protection. The U.S. Bankruptcy Court for the District of Maryland has ordered the case closed (Case 07-12173). Effective April 27, this final decree in the case confirms that the reorganization plan approved by the court last year is fully administered, concluding the software firm's Chapter 11 proceedings.
L-Soft international has continued normal business operations since its petition, filed three years ago to help resolve protracted litigation. L-Soft international's parent and sister companies in Sweden, Germany and the UK were dismissed from the litigation and had not been subject to any bankruptcy proceedings. The reorganization plan included a final settlement of the litigation.
Eric Thomas created LISTSERV(R) in 1986, launching the opt-in email list communications industry. The current version, LISTSERV 16.0, released at the end of last year, introduces an innovative HTML newsletter template system. L-Soft's licensed and hosted solutions also include LISTSERV Maestro email marketing and analytics software. The products are scalable, enabling a wide range of businesses, government agencies, non-profit associations and academic institutions to engage customers, members and stakeholders with personalized and relevant email newsletters, announcements, discussion groups and online communities. Later this year, L-Soft will introduce an email marketing service built on LISTSERV Maestro with a focus on entry-level users.
Additional information on the case is available at: http://www.lsoft.com/news/onward.asp
To learn more about L-Soft's products and services, visit: http://www.lsoft.com/products/products.asp
L-Soft, which was incorporated in 1994, is the exclusive provider of LISTSERV(R) brand email list management software, email marketing software and email list hosting services for managing email newsletters, discussion groups and marketing campaigns. L-Soft's pioneering LISTSERV(R) email list management software products serve more than 100 million list subscriptions. L-Soft is ranked among the top 10 workplaces for gender equality in a 2009 survey by Veckans Affärer (Swedish Business Week), a leading business journal.
L-SOFT PRESS CONTACT
Susan Brown Faghani
Alternative contacts: 1-800-399-5449, John Harlan x234; Donna Laster, x217