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August 21, 2001 18:35 ET | Source: Mbrane

Mbrane files for Chapter 11; Enters Into Definitive Sale Agreement: Purchase Includes the Assets, Customers, Employees and Technology of the Business; Operations Will Continue Out of Seattle

REDWOOD SHORES, Calif., Aug. 21, 2001 (PRIMEZONE) -- Mbrane (Nasdaq:MBRNE), a global m-business software company, today filed a voluntary petition under Chapter 11 of the United States Bankruptcy...