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ZITEL CORPORATION
47211 Bayside Parkway
Fremont, California 94538-6517
December 21, 1998
VIA OVERNIGHT COURIER
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Securities and Exchange Commission
Mr. John Penn
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Millennium Holding Corp. ("Millennium Holdco")
SEC File No. 333-65959-01
Application for Withdrawal of Registration Statement/Proxy
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Statement/Consent Solicitation on Form S-4
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Dear Mr. Penn:
This is an application pursuant to Rule 477 of the Securities Act of
1933 for the withdrawal of the Registration Statement/Proxy Statement/Consent
Solicitation filed on October 21, 1998 on Form S-4 on behalf of Zitel
Corporation ("Zitel") (the "Form S-4"), as amended by the Amendment No. 1 to
Form S-4 filed on November 5, 1998 in the name of Millennium Holdco, as
Registrant.
This application for withdrawal of the Form S-4 is being submitted in
connection with the mutual agreement by Zitel, Millennium Holdco and MatriDigm
Corporation ("MatriDigm") to terminate the definitive agreement executed by such
parties, and to restructure the transaction in such a manner that (i) securities
of Holdco will not be issued to the shareholders of Zitel and MatriDigm, and
(ii) the approval of the shareholders of Zitel and MatriDigm will no longer be
required.
Pursuant to Rule 478(c) of the Securities Act of 1933, the Registrant
has duly caused this application for revocation to be signed on its behalf by
the undersigned, thereunto duly authorized, in the City of Fremont, State of
California, on December 21, 1998.
MILLENNIUM HOLDING CORP.
By: /s/ Jack H. King
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Jack H. King
President
Enclosures
cc: Kenton J. King
Jeffrey M. Sone
John L. Cardoza
