Accident Prevention Plus, Inc., Changed Name to Transportation Safety Technology Inc., Certificate Issued to ``Beneficial Owners'' Only.JUPITER, Fla. -- Accident Prevention Plus, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ACPL ACPL Allen County Public Library (Ft Wayne, Indiana, USA) ACPL Autonomic Computing Policy Language ACPL Aircraft Certification Policy Letter (Canada) ACPL Asynchronous Concurrent Programming Language ) has announced that the Company has changed its name to Transportation Safety Technology, Inc. The Company is doing a mandatory certificate exchange as filed in the Information Statement. This will not be altered or amended, there will not be any "special cases" and there will not be any exceptions to this procedure. If you are a true shareholder then request your shares from your Broker, this should not be a problem. In changing the name of the Company we have started fresh and feel it is in the best interest of the Company that all shareholders that have paid for their stock be acknowledged. Transportation Safety Technology, Inc. is on the verge On the Verge (or The Geography of Yearning) is a play written by Eric Overmyer. It makes extensive use of esoteric language and pop culture references from the late nineteenth century to 1955. of announcing our new product and drastically changing the revenue channels of this Company so it is logical that we want to start with a clean slate and a clear list of shareholders that have been accounted for. As soon as the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on assigns a new symbol we will notify the shareholders. In response to questions from shareholders, the Company wishes to clarify for shareholders and brokers the procedure through which shareholders will receive new certificates in the name of Transportation Safety Technology, Inc. There are two ways for shareholders to receive the new certificate; they are as follows: Obtaining Your Stock Certificate for Your Shares If a shareholder is already a record owner Record Owner The stockholder of record as distinguished from the beneficial owner. of the Company holding certificates for Accident Prevention Plus, Inc. common stock issued in his or her name, he/she simply needs to send that certificate along with the transmittal letter Transmittal letter A letter describing the contents and purpose of a transaction delivered with a security that is changing ownership. into the Transfer Agent. Letters of Transmittal will be going out to all shareholders within the next 10 days. North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Transfer Company 147 West Merrick Road Freeport, NY 11520 If you do not receive a letter of transmittal Letter of Transmittal A document used by security holder to accompany certificates surrendered in an exchange or other corporate action. and a letter to the shareholders from Accident Prevention Plus, Inc., by November 8, 2004 please contact Jennifer Swanson at 561-741-4450. If a stockholder does not hold his shares in the Company's common stock in certificate form but holds them in street name with a broker, such beneficial shareholders can request a stock certificate from their broker representing their ownership interest in the Company's common stock. To insure receipt of appropriate shares in Transportation Safety Technology, Inc., the Company urges all shareholders who do not hold their shares of the Company's common stock in certificate form to request, in writing, from their broker a stock certificate representing their shares of the Company's common stock. To assist shareholders in this regard there is a sample letter posted on the Company's website, http://www.applus.com. Also available on the website is the Letter of Transmittal that can be downloaded. If you have requested a stock certificate from your broker and are experiencing difficulty or unusual delays in obtaining your stock certificate, the Company would like to hear from you at 561-741-4450. If you are a shareholder and have not received your stock certificate in a timely manner or there is a valid reason for not receiving your stock certificate, your broker must submit a "Beneficial Ownership" list to the Company's transfer agent. New certificates in the name of Transportation Safety Technology, Inc. will be issued to registered shareholders who hold their shares in certificate form in their name and then to beneficial shareholders identified in the beneficial owner Beneficial Owner A person who enjoys the benefits of ownership even though title is in another name. Notes: For example, when shares of a mutual fund are held by a custodian bank or when securities are held by a broker in street name, the true owner is the beneficial list submitted by the broker. If there are any further questions regarding this action please contact Jennifer Swanson at 561-741-4450. This press release contains certain forward-looking statements within the meaning of the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements are based on management's current expectations of beliefs and are subject to a number of factors and uncertainties that could cause actual results, levels of activity, performance or achievements to differ materially from those described. |
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