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CruiseCam International Completes 2005 10-K and Secures Capital Through Private Placements.


FARMINGTON HILLS Far·ming·ton Hills  

A city of southeast Michigan, an industrial suburb of Detroit. Population: 81,400.
, Mich. -- CruiseCam International Inc (Pink Sheets:CCMJ) announced today that it has completed the 2005 10-K. With this completion CruiseCam will aggressively pursue the completion of the 15c211 and place this company on the OTC-BB to maximize shareholder value. CruiseCam International has targeted the completion of the 15c211 and necessary disclosure statements for this present quarter.

"With the latest accounting completed we have recently began talks with accredited investors Accredited Investor

A term used by the Securities and Exchange Commission (SEC) under Regulation D to refer to investors who are financially sophisticated and have a reduced need for the protection provided by certain government filings. Also known as "qualified purchaser".
 to secure financing for CruiseCam International," stated Scott Watkins Watkins may refer to:
  • The town of Watkins, Colorado
  • The city of Watkins, Minnesota
  • Watkins Incorporated, a manufacturer of cosmetics, health remedies and baking products
  • Watkins Electric Music, a manufacturer of musical instruments
 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.  of CruiseCam International. CruiseCam has completed two private placements with investors group to raise needed capital to successfully launch the new bus and commercial seat with 360 degree vision provided by SONY Corporation. This video camera supplies the end user with 360 degree vision simultaneously, with the use of only one camera, cutting down costs and providing seamless See seamless integration.  coverage. "This SONY 360 degree camera is an amazing a·maze  
v. a·mazed, a·maz·ing, a·maz·es

v.tr.
1. To affect with great wonder; astonish. See Synonyms at surprise.

2. Obsolete To bewilder; perplex.

v.intr.
 product that provides a unique solution that enhances CruiseCam's ability to provide complete video coverage for the customer, at a lower cost," continued Watkins.

CruiseCam International is presently negotiating additional private placements and will advise shareholders as information becomes available.

For more Information, please visit the Company web site: http://www.cruisecam.com/ .

Statements in this press release other than statements of historical fact, including statements regarding the company's plans, beliefs and estimates as to projections are "forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
." Such statements are subject to certain risks and uncertainties, including factors listed from time to time in the company's SEC filings, and actual results could differ materially from expected results. These forward-looking statements represent the company's judgment as of the date of this release. the company does not undertake to update, revise or correct any forward-looking statements.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 6, 2006
Words:284
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