iMate Down, But Not Out?

[Ed Hansberry]

<div class='os_post_top_link'><a href='http://www.arabianbusiness.com/568356-i-mate-ceo-says-troubles-linked-to-major-fraud' target='_blank'>http://www.arabianbusiness.com/5683...-to-major-fraud</a><br /><br /></div><p><a href="http://www.pocketpcthoughts.com/news/show/95219/imate-shutters-operations-closes-offices.html">Last week</a>, I told you that iMate had shuttered their offices and were closing down the operation.Apparently it isn't that black and white. Supposedly, they are in dire financial straits due to fraud committed by one of their executives. We'll keep you posted as we hear more information, but for now, consider iMate on pause, not stop.</p>