Our corporate headquarters are located in Los Gatos, California.
−Removed: The accounting
−Removed: and legal, as well as a portion of our marketing, sales, and customer support
−Removed: departments are housed at this location.
−Removed: The headquarters facility is
−Removed: approximately 2,000 square feet, which is under a lease that expires on
−Removed: September 20, 2004, with an option to terminate one year earlier without
−Removed: Some of Semotus' subsidiaries have facilities in various locations around the
−Removed: Semotus Systems Corp., which houses the Company's engineering and
−Removed: Research and Development group, is located in Vancouver, British Columbia, where
−Removed: it occupies a facility of approximately 2,437 square feet.
−Removed: This lease expires on
−Removed: June 30, 2007.
−Removed: Application Design Associates has offices located in Englewood,
−Removed: Colorado, of approximately 3,191 square feet under a three-year lease effective
−Removed: February 1, 2003.
−Removed: As of May 6, 2003, this lease is no longer an obligation of
−Removed: Semotus because of the sale of ADA (See Note 26, "Strategic Investment in ADA".)
−Removed: Five Star's lease was cancelled without penalty on June 30, 2002, at the time of
−Removed: the closing of the Five Star operations.
−Removed: We believe that the existing facilities will be sufficient to meet our current
−Removed: Should we need additional space to accommodate increased activities, we
−Removed: believe we can secure additional space at comparable cost.
+Added: The accounting and legal departments, as well as a portion of our marketing, sales, and customer support departments, are housed at this location.
+Added: This facility is approximately 2,000 square feet, and is under a lease that
+Added: expires on September 20, 2004 with a monthly rental expense of $4,704.
+Added: Semotus Systems Corp., a Semotus subsidiary which houses our engineering and research and development group, is located in Vancouver, British Columbia, Canada, where it occupies a facility of approximately 2,437 square feet.
+Added: This lease expires on June 30, 2007, and has a monthly rental expense of $2,640.
+Added: We believe that the existing facilities will be sufficient to meet our current needs.
+Added: Should we need additional space to accommodate increased activities, we believe
+Added: we can secure additional space at comparable cost.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.