I/NET, Inc. (the "Company" or "I/NET") was organized under the laws of the state of Delaware in 1986 under the name of a predecessor corporation. The Company registered its initial public offering with the Securities and Exchange Commission in 1987. The Company provides professional services in the areas of software development and Internet-related consulting for businesses. I/NET also developed and marketed computer software for mid-range computers, including International Business Machine's (IBM) AS/400 model.

The Company has a wholly owned subsidiary, I/NET, Inc. (a Michigan corporation).

I/NET’s business consisted of supporting software...