Accident Prevention Plus, Inc. to File Information Statement Regarding Name Change and Certificate Issuance for Beneficial Owners Only.Business Editors/Automotive Writers JUPITER, Fla.--(BUSINESS WIRE)--June 3, 2004 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 ) announces that the Board of Directors has approved the name change and the issuance of certificates for the newly named Company. The Company's Board of Directors has decided to accept the name Transportation Safety Technology Inc. When asked about the name change, Mr. Alan Schwartz, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , stated that the new name better describes our Company and what we do. As we have entered the final stages of our new product we must have a name in the market place and the street that tells the people what we do, who we are and why we are viable. Many people counted us out, and they were mistaken. I made a statement when I arrived at the Company that my focus was strictly on sales and revenues and although it has taken longer than expected, my aim has never changed and now the target is near. The Information Statement regarding the name change and the new certificates will be submitted to the SEC within the next 5 days. The Company will call in all certificates and will only issue new certificates to beneficial owners. Jennifer Swanson, CFO See Chief Financial Officer. of the Company, said that this operation will take place under very strict guidelines. Whether your stock is in certificate form or deposited into an account, there will need to be proof of "beneficial ownership." This will be a 1 for 1 exchange. If there is not valid proof of ownership you will NOT be issued a new certificate. We will send out an instruction letter to all shareholders of record and will also post the instructions on the website. Proof of beneficial ownership must be certified and supplied to our transfer agent. This will not be done electronically through DTC DTC See: Depository Transfer Check DTC See: Depository Trust Company DTC See Depository Trust Company (DTC). , beneficial ownership will need to be supplied and certificates turned in. We are working very closely with our transfer agents, North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Transfer Company. Accident Prevention Plus, Inc. (ACPL) located Jupiter, FL, is a technology company which designs, manufactures and distributes On Board Recorders for all types of vehicles. The Company specializes in the safety, economic enhancement and security for vehicles, drivers and cargo. Our products are sold worldwide. Our engineers design all our software and firmware, as well as any hardware we require. Accident Prevention Plus, Inc. owns all of its intellectual properties. For information call 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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