HONOLULU, March 16 /PRNewswire-FirstCall/ -- HAPS (OTC:PGMI) (BULLETIN BOARD: PGMI) announces that the Company has effected its name change to "PGMI, Inc." and has been assigned a new trading symbol of "PGMI" on the OTCBB effective March 16, 2006. This replaces the old trading symbol of HAPS. After completing the shareholder mailing of its information statement (14c), the Company is proceeding with all of the actions covered. Mark Buck, Director of PGMI, said, "The new management team brings their decades of pachinko industry experience to this project and we are all looking forward to their continued success. I would like to thank the shareholders for their loyalty during the process of identifying and closing an acquisition that will bring lasting value. The future of PGMI should hold many exciting opportunities for the investment community." This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "estimate," "possible" and "seeking" and similar expressions identify forward- looking statements, which speak only as to the date the statement was made. The company undertakes no obligation to publicly update or revise any forward- looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to the effect of government regulation, competition and other material risks. Investor Relations: Toll free: (888) 918-8847 e-mail: web: http://www.pgmi-inc.com/ DATASOURCE: PGMI, Inc.; HAPS USA, Inc. CONTACT: Investor Relations, PGMI, Inc./HAPS USA, Inc., +1-888-918-8847, Web site: http://www.pgmi-inc.com/

Copyright