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

July 14, 2007 by Will Park - Leave a Comment

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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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