Article: Pseudo Programs, Inc. Files for Chapter 11 Protection to Reorganize Interactive Streaming Video Programming Business.

Measure to Prepare Webcasting Pioneer and Broadband Entertainment Brand for

Potential Acquisition

NEW YORK, Oct. 3 /PRNewswire/ --

Pseudo Programs, Inc. -- the pioneering, original broadband entertainment company -- announced today that it has filed and will seek to reorganize its business under the protection of a Chapter 11 bankruptcy proceeding. The filing was made in the United States Bankruptcy Court for the Southern District of New York.

The Company, which ceased production of its live, interactive programming and laid off its 175 person workforce on September 18, 2000, continues actively to pursue a buyer for its brand of ...

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