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Continental Info.
Systems
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| Continental Information Systems Corporation is engaged in the
development and commercialization of Web-enabled electronic securities
processing software. The Company was a specialized financial services
company that engaged in the leasing, sales and management of commercial
aircraft and engines, among other assets, and was also engaged in other
financing activities, including commercial real estate financing. In
August 1999, Continental ceased entering into new equipment leases and
sold a substantial portion of its remaining lease portfolio. Since then,
the Company has disposed of the balance of its remaining lease portfolio.
In July 2000, one of the Company's subsidiaries, CIS Air Corporation, (CIS
Air), exited the aviation business. |
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