Securities and Exchange Commission
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): July 18, 2005
Commission File Number: 0-30018
MERIDIAN HOLDINGS, INC.
(Exact name of registrants specified in its charter)
COLORADO 52-2133742
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
6201 Bristol Parkway
Culver City, California 90230
(213) 627-8878 Fax: (310) 215-0404
(Address, Including Zip Code, And Telephone Number, Including Area Code,
Of Registrant's Principal Executive Offices)
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SECTION 1. Registrant's Business and Operations Not Applicable
SECTION 2. Financial Information Not Applicable
SECTION 3. Securities and Trading Markets Not Applicable
SECTION 4. Matters Relating to Accountants and Financial Statements
SECTION 5. Corporate governance and Management Not Applicable
SECTION 6. Reserved Not Applicable
SECTION 7. Regulation FD Not Applicable
On July 18, the registrant issued a press release announcing that the
Common Stock of CGI Communications Services, Inc., is now trading under
The symbol "CGIC"
SECTION 8: Other Events
SECTION 9: Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits
c. Exhibits
EXHIBIT ITEM. DESCRIPTION
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Exhibit 99.1 - A copy of the press release of July 18, 2005.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Meridian Holdings, Inc.
(Registrant)
Date: July 18, 2005 By:/s/ Anthony C. Dike
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Anthony C. Dike
(Chairman, Chief Executive Officer)
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EXHIBIT 99.1
FOR IMMEDIATE RELEASE: Monday July 18, 2005
CGI COMMUNICATIONS SERVICES COMMON STOCK IS NOW TRADING UNDER THE SYMBOL "CGIC"
"Inks a memorandum of understanding with ITeMAX"
LOS ANGELES, CALIF.- Meridian Holdings, Inc. (OTC Bulletin Board: MRDH),
announced today that its' subsidiary CGI Communications Services, Inc., (CGI)
Common Stock is now trading Over The Counter (OTC) under the symbol "CGIC".
Also, CGI Communications Services, Inc., an applications services provider
specializing in Telemedicine and Telehealth services to the healthcare
community, has entered into a memorandum of understanding (MOU) with ITeMAX, a
technology Company based in Riverside California , that specialized in providing
ITenabled services to the global marketplace
Under the terms of the MOU, the two companies have mutually decided to explore
and develop the following business opportunities:
1 Preferred IT Services Partnership: Under this term, ITeMAX will identify
IT service and implementation opportunities within its target marketplace and
will team up with CGI to develop the necessary solution and provide the
associated service
2 IT Services Business Venture: Under this concept the two companies will
jointly develop an IT services business infrastructure to serve target
customers world-wide. They will set up a joint venture company with mutually
acceptable operating terms and conditions to execute this business
3 Co-operative Marketing: The two companies will develop a co-operative
marketing program. Under this arrangement, each party agrees to list the other
as a strategic partner in their advertising, promotional, product description
and corporate and sales literature
"We are very delighted to have the opportunity to work with ITeMAX, and looking
forward to a win-win business relationship " said Dike.
"After many years of research and development in telehealthcare sector, ITeMAX
is teaming up with leading and potential technology corporations for a low-cost
turn-key e-Healthcare solution for developing countries. We are very proud to be
working with CGI Communications Services, Inc., whose Telemedicine and
Telehealth solutions, have greater economy through the use of low cost
technology, robust and innovative software, and portability of equipment with an
average turn-key end-user e-healthcare system at a cost of less than $10,000,
which is a prime objective of ITeMAX. We project that the combined e-healthcare
system of CGI Communications Services, Inc. and ITeMAX will be more
cost-effective than many of the existing systems that are currently available,
and will fit the budget of developing countries, whose need for such a solution
is significant, yet limited in respective market for prohibitive cost" said
Jyoti Chatterjee, President and CEO of ITeMAX
About ITMAX
ITeMAX was founded by The KPC Group as the company's flagship technology
services company with the objective of providing specialized ITenabled services
to the global marketplace. Based in Riverside California, ITeMax also has its
development team at KPC Knowledge City- a unique knowledge-services
infrastructure developed by the KPC Group in Kolkata, India.
About Meridian Holdings, Inc.
Meridian Holdings, Inc. is an acquisition-oriented business enterprise focused
on building, operating and managing a portfolio of business-to-business
companies. Meridian seeks to acquire majority or controlling interests in
companies engaged in e-commerce, e-communication, and e-business services, which
will allow the holding company to actively participate in management, operations
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and finances. Meridian's network of affiliated companies is designed to
encourage maximum leverage of information technology, operational excellence,
industry expertise and synergistic business opportunity. Meridian is committed
to building shareholder value by positioning affiliated companies as independent
business entities in which Meridian shareholders enjoy equity participation.
Learn more about the company and its subsidiaries, including CGI Communications
Services, Inc. by visiting Meridian's web site at www.meho.com.
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About CGI Communications Services, Inc.
CGI Communications (OTC:CGIC) provides comprehensive telemedicine and telecare
solutions.Supplying Medical Products, Telecommunications services and InterCare
DX. Inc.'s (OTCBB:ICCO) ICE software. For more information, about our products
and services, please visit our website at www.cgics.com.
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NOTE: Statements in this news release that are not purely historical are
forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995 and any amendments thereto. Material that is forward-looking
may contain statements about expected future events and/or financial results
that are forward-looking in nature. Editors and investors are cautioned that
such forward-looking statements invoke risk and uncertainties that may cause the
company's results to differ from such forward-looking statements. These
include, but are not limited to, economic, competitive, governmental,
technological and other factors discussed in the statements and/or in the
company's filings with the Securities and Exchange Commission.
# # #
CONTACT: Anthony C. Dike, Chairman/CEO
213-627-8878
www.meho.com
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