Saturday, July 30, 2005

Pisano of the United States District Court for the District
of New Jersey to investigate and pursue claims and recoveries for the former
shareholders of AremisSoft Corp. . take a look at the piece of information titled " the tao of online mortgage loans online
and small business loans " for supplementary information regarding the issue.
The Company s next bi-weekly status update is expected to be released on
August 12, 2005.