After first media reports on Thursday, Team Pedaltech-Cyclingnews-Jako has confirmed that the UCI has not granted it a Professional Continental license for 2008. "The reason for this decision by the UCI will be delivered to us in the course of the month of January," the team said in a press release.
That leaves the team with Continental status. "In the coming days, the management will take the necessary initiatives to reform things so that an interesting calendar can be made up for the coming season, for a team of quality riders and partners." It expects to issue another statement next week concerning the team, its partners and the riders, some of which could decide to leave the outfit.