CreamWare Files for Protection from Creditors

June 05, 2003

On June 2, 2003, the management of CreamWare filed an application for protection from creditors, akin to Chapter 11 proceedings under US law to allow the company to continue current operations. According the company, the driving force behind this move was the delay of the software for the Noah synthesizer until May, while full production of the hardware began in March, putting the company under financial pressure. The Noah is now shipping.

The business of CreamWare GmbH will remain in full operation. The company will continue to maintain its full staff of 55 employees. CreamWare is working to secure agreements with its suppliers.

CreamWare has stated that product development and support will continue at full scale. The technological platform the Company uses will not only be maintained, but also will be refined and expanded in order to provide continued product updates and releases.

For more information, visit their web site at http://www.creamware.com/.

Recent CreamWare headlines

CreamWare Introduces The Klangbox Rackmount Instrument Units (2006-10-10)
Dynatube Guitar Amplifier Plug-Ins (2006-03-31)
Creamware Ships B4000 Organ, Unveils The Prodyssey (2006-03-31)
CreamWare Unveils The B4000 ASB Organ At Winter NAMM (2006-01-17)
SCOPE DSP System Update to Version 4.5 (2005-12-04)
CreamWare Ships Second Authentic Sound Box (2005-11-30)
Minimax ASB Now Available (2005-08-09)
Messe Preview: CreamWare Authentic Sound Boxes (2005-04-03)
NAMM Preview: CreamWare scopeFX Bundle (2005-01-17)
New Restoration Package from CreamWare (2004-12-26)

More CreamWare Headlines

Similar Products at Musician's Friend