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CruiseCam Nears Completion of Negotiations for Acquisition Then Potential Merger(s).


BIRMINGHAM Birmingham, cities, United States
Birmingham (bûr`mĭnghăm')

1 City (1990 pop. 265,968), seat of Jefferson co., N central Ala., in the Jones Valley near the southern end of the Appalachian system; founded and inc.
, Mich. -- CruiseCam International, Inc. (Pink Sheets:CCMJ) is pleased to announce that the final negotiations that have been taking place for several months is finally nearing a close. Details of the final resolution will be announced very shortly. "I believe the shareholders will be extremely happy with the direction that the company is headed and look forward to this exciting new chapter in the company's development," said 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 Inc.

About CruiseCam International

CruiseCam International (Pink Sheets:CCMJ), through its two operating subsidiaries An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. , develops and markets integrated, "in-car" camera mount and recording systems for law enforcement, consumer, commercial and transportation applications, as well as for competition racing cars. The Company's patented technology and industry-first "Cruisecam" offering have been developed since 1996, and are distributed nationwide. For more information, visit: http://www.cruisecam.com/.

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.
: 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.
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Publication:Business Wire
Date:Oct 3, 2008
Words:223
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