Cloud Centric Systems, Inc confirms the reduction in the Authorized Share Capital

CLDR Confirms the Reduction with the State of FloridaLondon, January 31st 2011, Cloud Centric Systems, Inc (PK:CLDR) announces today that the scheduled reduction in Authorized Share Capital has occurred and the State of Florida and the Transfer Agent have been notified of the change. David Lovatt, CEO of Cloud Centric, announced in November that the aim was to reduce the Authorized Share Capital by 40% from 5bn to around 3bn. The final figure opted for was 3.5bn and this was enacted today, Monday 31st January 2011. In commenting on the move, David Lovatt stated “we are continuing boldly