August 23, 2013

Colorado Customware says sale possible

DENVER – The chief executive officer of Fort Collins software company Colorado Customware Inc. told creditors Friday that the company was negotiating a sale with a potential buyer.

Lori Burge, president and CEO of the company, testified in U.S. Bankrupcty Court for the District of Colorado that if the sale goes forward, the goal will be to keep the company in Fort Collins. The company will seek court approval for sale of its assets.

Those details emerged Friday during a meeting of creditors in Denver related to Colorado Customware’s Chapter 11 bankruptcy. Colorado Customware filed for bankruptcy protection July 17, estimating…

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