Fortune Industries, Inc. is a holding company, engaged in providing human resources outsourcing services through co-employment relationships with their clients. On November 30, 2008, the Company completed a transaction to sell all of the outstanding shares of common stock of the wholly owned subsidiaries James H Drew Corporation, Nor-Cote International, Inc., Fortune Wireless, Inc. and Commercial Solutions, Inc. On November 30, 2008, the Company sold or discontinued operations in its Wireless Infrastructure, Transportation Infrastructure, Ultraviolet Technologies and Electronics Integration segments. During the fiscal year ended June 30, 2009 (fiscal 2009), the Company’s operating segment was Business Solutions segment.