Press Releases

NEW YORK--(BUSINESS WIRE)-- DGT Holdings Corp. (OTCBB: DGTC) (the "Company") announced today that it has completed the previously announced reverse stock split at a ratio of 1-for-5,000 and forward stock split at a ratio of 5,000-for-1. Shares of common stock held by shareholders of record owning fewer than 5,000...

Preliminary Highlights FY 2012 sales of approximately $11,400   FY 2012 fourth quarter net loss of approximately $2,200   Sale of the RFI business completed in August 2012   Cash and marketable securities, net of debt was $42,600 as of July 28, 2012 or $11.10 per share NEW YORK,...

Highlights FY 2012 third quarter sales increased 11.6% to $3,050 from $2,732 the prior year third quarter FY 2012 third quarter net loss of $439 Agreement reached to sell the RFI business subject to shareholder approval Current cash net of debt was $43.3 million as of April 28, 2012 or $11.28 per share ...

Highlights Villa Sistemi Medicali business sale completed on November 3rd FY 2012 second quarter sales increased 21.9% to $3.0 million from $2.5 million FY 2012 second quarter net income of $7.8 million Current cash net of debt $43.3 million or $11.27 per share BAY SHORE, N.Y., March 2, 2012 (...

BAY SHORE, N.Y., Nov. 3, 2011 (GLOBE NEWSWIRE) -- DGT Holdings Corp. (OTCBB:DGTC) (the "Company") today announced that it has completed the previously announced sale of its Italian subsidiary, Villa Sistemi Medicali S.p.A. ("Villa") to VIV s.r.l., a limited liability company incorporated under Italian law ("VIV"). In consideration for the s...

BAY SHORE, N.Y., Sept. 13, 2011 (GLOBE NEWSWIRE) -- DGT Holdings Corp (OTCBB:DGTC) ("DGT") or "the Company") today announced that it has entered into a definitive agreement to sell its wholly-owned Italian subsidiary, Villa Sistemi Medicali, S.p.A., in a management buy-out to management and certain employees of Villa and several other investors. ...

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