EXHIBIT 99.1
ORDER ENTERED ON:
7-10-02
/S/ DEPUTY CLERK
UNITED STATES BANKRUPTCY COURT
DISTRICT OF CONNECTICUT
BRIDGEPORT DIVISION
In re:
TRIDEX CORPORATION AND : CHAPER 11
PROGRESSIVE SOFTWARE, INC. :
:
Debtors : CASE NO. 02-50156
____________________________________: CASE NO. 02-50157
Re#95
ORDER CONFIRMING FIRST AMENDED PLAN
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The First Amended Plan under Chapter 11 of the Bankruptcy Code filed by the
Debtors, Tridex Corporation and Progressive Software, Inc. dated June 20, 2002,
having been transmitted to creditors, equity security holders, and other parties
in interest, and
It having been determined after hearing on notice that the requirements for
confirmation set forth in 11 U.S.C.ss.1129(a) and 11 U.S.C.ss.1129(b) have been
satisfied;
IT IS HEREBY ORDERED that:
The First Amended Plan filed by the Debtors, dated June 20, 2002 is
CONFIRMED including, without limitation, the assumption of the Lease Agreement
between the Progressive Software, Inc. and Avery at Morrocroft, LLC as modified
by the Lease Agreement dated July 2, 2002; A copy of the confirmed plan is
attached and incorporated herein; and it is further
ORDERED that the Debtors is directed to file a Final Report with an
Application for Final Decree no later than December 2, 2002 unless that time is
extended by this Court; applicable U.S. Trustee quarterly fees shall continue to
accrue until a final decree enters.
Dated in Bridgeport Connecticut this 9 day of July, 2002.
BY THE COURT,
/s/ Alan H.W. Shiff
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Alan H.W. Shiff
Chief U.S. Bankruptcy Judge
