Bankruptcy Atlas Technologies B.V. Approved

As announced on January 23rd we had to submit the request for the opening of suspension of payment proceedings with respect to Atlas Technologies B.V., our operating company responsible for the production of Lightyear. This suspension was granted by Rechtbank Oost-Brabant located ´s-Hertogenbosch in the Netherlands. Today this court declared Atlas Technologies B.V. bankrupt. The court appointed Mr. R. van Oeijen from Holla legal & tax as trustee. In the coming period the trustee will focus on the position of the employees and creditors as well as assessing how the Lightyear concept can be continued.