Date:         Mon, 25 Feb 2008 13:33:33 -0500
Reply-To:     Association for Recorded Sound Discussion List
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Sender:       Association for Recorded Sound Discussion List
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From:         Dave Nolan <[log in to unmask]>
Subject:      SADIE goes into recievership
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Sad but true...

http://www.sadie.com/

Ensors Press Release

Administrators were appointed to SADiE, Studio Audio & Video Limited, on 15 
February. The company, based in Stretham, near Cambridge in the UK, is a 
developer and manufacturer of PC-based digital audio workstation products 
and had been established in 1991.

Steven Law from accountancy firm Ensors was appointed Administrator to try 
to seek a rescue of the business. He said “Although we had to lay off the 
workforce upon my appointment, with the help of some former staff we are 
carrying on the business on a limited basis in order to fulfill customer 
orders. In the meantime, I am interested in talking to potential purchasers 
with a view to them acquiring the whole or parts of the business and I 
would urge any interested party to contact me urgently.”

Joe Bull, SADiE’s Managing Director said “We are all deeply saddened by the 
situation and would like to extend our heartfelt thanks to all our 
customers, colleagues and friends in the industry who have contacted us to 
express their concerns. Our hope is that we can salvage some of the 
business for the benefit of our loyal customers. This has been a 
particularly difficult time for everyone. “ 

Interested parties should contact Steven Law, or his Manager, Rachael 
Davison at Ensors on +44 1473 220022 to express their interest.