LEVEL Vision Electronics Hires Hilbroy Advisory Inc. as Its New Corporate Finance Advisors
June 23 2009 - 8:00AM
Marketwired
LEVEL Vision Electronics Ltd. (PINKSHEETS: LVLV) announced today
that it has engaged the services of Hilbroy Advisory Inc. to help
manage its investment banking and corporate finance affairs.
According to the company, since 2000, Hilbroy Advisory has
helped publicly and privately held corporations raise funds through
institutional investors and accredited investors. The initial task
of Hilbroy Advisory will be to secure the financing proposed by
Cunningham-Adams Small Cap Fund II as well as manage all disclosure
requirements and the company's securities awareness campaign.
Hilbroy Advisory Inc. currently owns 6,352,811 restricted common
shares of Level Vision Electronics.
"Hilbroy really complements our executive team and their
international network will truly benefit our development," said
Habib Coriaty, President and CEO of Level Vision Electronics Ltd.
"In addition to the recently announced investor relations firm and
this new corporate finance advisor will propel our listing to a new
level." further added Mr. Coriaty.
Disclosure Information
Hilbroy Advisory Inc. is an advisor to Cunningham-Adams Asset
Management and its group of funds including but not limited to
Cunningham-Adams Small Cap Fund I, Fund II, and Green Fund.
Jean-Francois Amyot is the President of Hilbroy Advisory Inc. and
he is a unit holder of the Cunningham-Adams funds through a holding
company named Toyma Capital Inc. Toyma Capital Inc. is the majority
shareholder of Hilbroy Advisory and Toyma Capital is wholly owned
by the Amyot Family Trust and Jean-Francois Amyot is one of the
Trustee and one of the discretionary beneficial owners of the
trust. It is therefore advantageous for Cunningham-Adams's group of
funds to support and finance the businesses it currently holds
directly and or indirectly in its portfolio. The public company
used in the transaction with Level Vision Electronics was a shell
company owned by Hilbroy Advisory Inc. Hilbroy Advisory owns
6,352,811 restricted common shares of Level Vision Electronics
Ltd.
About Hilbroy Advisory Inc.
Hilbroy Advisory Inc. is a Canadian based advisory and
consultancy company founded in September 2000. Hilbroy provides
publicly traded and private companies, institutions and individuals
with a series of advisory services enabling these companies to
fully reach their corporate objectives and potential. The company's
head office is located in Montreal, Canada. www.hilbroyadvisory.com
Hilbroy has secured its international position through affiliate
offices in London, Zurich and soon Moscow and Hong Kong. Hilbroy
has established numerous international relationships over the years
with Broker Dealers, Hedge Funds, Institutional Investors, High net
worth Investors as well as with Investor Relations firms and
consultants.
About LEVEL Vision Electronics
LEVEL Vision Electronics is an ODM/OEM (designer and
manufacturer) of consumer electronics (mainly Wireless Handsets)
primarily concentrating on the world's emerging markets. Through
its Unique Business Model, LEVEL works hand-in-hand with the Telcos
to customize the products to their specific targeted market
requirements.
Our current 3D products can be found online at
www.levelelectronics.com and our upcoming related wireless handset
software products are currently under development.
Important Information About Forward-Looking Statements
All statements in this news release that are other than
statements of historical facts are forward-looking statements,
which contain our current expectations about our future results.
Forward-looking statements involve numerous risks and
uncertainties. We have attempted to identify any forward-looking
statements by using words such as "anticipates," "believes,"
"could," "expects," "intends," "may," "should" and other similar
expressions. Although we believe that the expectations reflected in
all of our forward-looking statements are reasonable, we can give
no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause
those results to differ materially from those indicated in any
forward-looking statements made by us or on our behalf. Such
factors include our limited operating history; our need for
significant capital to finance internal growth as well as strategic
acquisitions; our ability to attract and retain key employees and
strategic partners; our ability to achieve and maintain
profitability; fluctuations in the trading price and volume of our
stock; competition from other providers of similar products and
services; and other unanticipated future events and conditions.
Contact: SPOKE-IR Spoke Investor Relations Services
lvlv@spoke-ir.com 1.647.351.7477 (SIRS) LEVEL Vision Electronics
Ltd. 1.877.301.5858 (LVLV)
Level Vision Electronics (CE) (USOTC:LVLV)
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