News: X64 Ten Sixty Four Announces Appointment Of Voluntary Administrators

July 3 (Reuters) - Ten Sixty Four Ltd (X64) :

• APPOINTMENT OF VOLUNTARY ADMINISTRATORS
• APPOINTED PWC'S MARTIN FORD AND SIMON THEOBALD AS VOLUNTARY ADMINISTRATORS EFFECTIVE 2 JULY
• ADMINISTRATORS WILL UNDERTAKE PRELIMINARY REVIEW AND ASSESSMENT OF X64'S OPERATIONS
• NO OTHER UNIT IN THE X64 GROUP OF COMPANIES IS INCLUDED IN ADMINISTRATION
• BOARD OF X64 HAS ENTERED VOLUNTARY ADMINISTRATION WITH STRONG DESIRE TO RESTRUCTURE GROUP
• X64 HAS NO GUARANTEE OF CONTINUED INCOME FROM PMC TO SUPPORT ITS OPERATIONS
• TRADING IN CO'S SHARES ON ASX WILL REMAIN SUSPENDED DURING ADMINISTRATION PERIOD