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Published on 7/23/2007 in the Prospect News Convertibles Daily.

Geodesic Information Systems could issue up to $150 million in convertibles

By Devika Patel

Knoxville, Tenn., July 23 - Geodesic Information Systems Ltd. informed the Bombay Stock Exchange that it may issue up to $150 million in convertible bonds.

The company held a board meeting Monday to approve the proposal.

Securities may include convertible bonds, global depository receipts and American depository receipts.

Geodesic Information Systems is a Mumbai-India-based software solutions company.


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