BALTIMORE, May 26, 2001 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. today announced that a private securities action requesting class action status has been initiated on behalf of purchasers of the following securities during the following period:
AremisSoft Corporation (Nasdaq:AREM)
All persons or entities who purchased the common stock of AremisSoft Corporation during the period December 17, 1999 through and including May 17, 2001
No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased AremisSoft stock during the class period, you have certain rights. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you were a purchaser of the stock listed above during the period indicated and want to discuss your legal rights, you may e-mail or call Law Offices Of Charles J. Piven, P.A. who will, without obligation or cost to you, attempt to answer your questions. Law Offices Of Charles J. Piven has been involved in securities litigation for over ten years. You may contact Law Offices Of Charles J. Piven, P.A. at The World Trade Center-Baltimore, 401 East Pratt Street, Suite 2525, Baltimore, Maryland 21202, by email at pivenlaw1@erols.com or by calling 410/986-0036.