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I-mate in trouble, financial director resigns – Ultimate Windows Mobile devices on shaky ground

By: , IntoMobile
Saturday, July 14th, 2007 at 1:45 AM

We’ve been getting hyped-up and excited for the seemingly impending release of i-mate’s “Ultimate” lineup of Windows Mobile devices. Now, following the newly released Ultimate roadmap, we’re hearing that the company’s financial director, Gregor McNeil, has just resigned his post.

Shares dropped as “nervy investors discounted the possibility of further bad news.” It’s certainly bad news for the company. Their rocky stance is not something we like to see happen to Windows Mobile manufacturers, much less the manufacturer of the Ultimate lineup. But, more importantly, we’re worried about the future of the much-anticipated mobile devices releases. After reporting a financial loss, 50% loss of market value, and a 25% reduction in staff, things are not looking so good for i-mate.

Stay in there guys, we have faith in you. Or, at least get us those Ultimate handsets as your last official act (just kidding).

[Via: The Herald]

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About The Author

Will Park

Will hails from The City of Angels - Los Angeles, California. He spends his time playing with his numerous gadgets and looking forward to seeing what future holds for mobile technology. An avid promoter of a fully "digital" life, he promotes the widespread adoption of truly mobile, paper-less living. He dreams of the day when he can go completely digital. No more snail mail, paper receipts, bound books, notepads/spiral notebooks, credit cards, hard currency. He's a digital warrior - fighting for the converged life. He is an idealist and a realist - he has a perfect view of what the world should be but knows that the world is not perfect. Can we ever hope to see Will's dream become reality? We'll see...