Evolve One Files 2004 Third Quarter Report and Names Independent Director
November 16 2004 - 9:43AM
PR Newswire (US)
Evolve One Files 2004 Third Quarter Report and Names Independent
Director BOCA RATON, Fla., Nov. 16 /PRNewswire-FirstCall/ -- Evolve
One, Inc. (OTC:EVLO) (BULLETIN BOARD: EVLO) announced today that
the Company has filed its 2004 Third quarter report. The filings
may be viewed at: http://www.sec.gov/cgi-
bin/srch-edgar?text=evolve+one&first=2003&last=2004&mode=Simple
The Company also announced that on November 12, 2004, it named Dr.
Irwin Horowitz as its new independent director and member of the
compensation committee. Dr. Horowitz was formerly a director with
the Company from 1997 to late 2000 who left to pursue other
opportunities. Dr. Horowitz received his podiatry degree from the
M.J. Lewi College of Podiatric Medicine in 1959. Dr. Horowitz is
the Chairman of the Board, Chief Executive Officer and the
President of Diversifax Inc. Dr. Horowitz has been Chairman of the
Board and President of IMSG Systems, Inc. and certain affiliated
companies that were acquired by Diversifax. Dr. Horowitz has also
been a Director of the Langer Biomechanics Group, Inc., a public
company primarily engaged in the business of manufacturing and
selling orthotic products. On November 12, 2004, the Company
approved an 8-for-1 forward stock split of the Company's common
stock increasing the outstanding shares from 3,266,304 to
26,130,432. The record day for the split is to be December 3, 2004
with the anticipated distribution date set at the close of
business, December 3, 2004. The Company's common stock is expected
to be quoted on a post-split basis as of December 6, 2004. The
Company is notifying stockholders as to this action, which does not
require shareholders to take any further action. An information
statement has been mailed to all shareholders explaining the
actions taken by EVLO. Existing certificates should not be
destroyed or returned to the Company and will continue to represent
the number of shares indicated. The split will involve no change in
Evolve One's CUSIP number or its trading symbol. New certificates
will be issued for the balance of shares due. The 8-for-1 stock
split will not change the shareholders existing proportionate
ownership. About Evolve One, Inc. Evolve One, Inc. ("EVLO") is a
holding company that develops and operates Internet and direct
retail marketing companies. EVLO includes wholly owned
subsidiaries, AuctionStore.com, StogiesOnline.com, Inc., A1Discount
Perfume, Inc. and International Internet Venture I, LLC. This press
release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended (the
"Exchange Act"), and as such, may involve risks and uncertainties.
Forward-looking statements, which are based on certain assumptions
and describe future plans, strategies, and expectations, are
generally identifiable by the use of words such as "believe,"
"expect," "intend," "anticipate," "estimate," "project," or similar
expressions. These forward-looking statements relate to, among
other things, expectations of the business environment in which the
Company operates, projections of future performance, potential
future performance, perceived opportunities in the market, and
statements regarding the Company's mission and vision. The
Company's actual results, performance, and achievements may differ
materially from the results, performance, and achievements
expressed or implied in such forward-looking statements due to a
wide range of factors which are set forth in our annual report on
Form 10-KSB on file with the SEC. For further information, contact
Gary J. Schultheis (561) 988-0819 DATASOURCE: Evolve One, Inc.
CONTACT: Gary J. Schultheis of Evolve One, Inc., +1-561-988-0819
Web site:
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