SMSMobility, Inc.: Company Examines Additional Business Opportunities.CALGARY, Alberta -- SMSMobility, Inc. (the "Company") (PINK SHEETS:SMSO SMSO Sekolah Menengah Sayyidina Othman (secondary school, Tutong, Brunei) SMSO Security Management System Online (Wateringen, Netherlands) SMSO Sequential Multipliers with Serial Output ) Rod Burns, President of SMSMobility, Inc. reports that associates of management have recently introduced a number of additional business opportunities to the Company. Certain of the opportunities appear to have significant economic merit and are of interest as possible business ventures for SMSMobility. Of particular interest are certain opportunities in the Energy sector. More particularly, management has already identified a few projects of interest, and the Company is currently examining potential participation in a variety of different oil and gas ventures in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , including opportunities in the service sector of the industry. Although some of these opportunities are in business sectors outside the current core business focus of the Company, management remains committed to adding shareholder value by taking advantage of those opportunities which represent the best use of corporate capital and offer the greatest chance of maximizing the Company's return on investment. The exact nature of the Company's participation in any particular venture will be subject to availability of capital, total cost of the project, management's ability to negotiate terms favorable fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. to the Company, and an assessment of the cost benefits analysis of alternative opportunities. This press release contains statements, which may constitute "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. " within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. by 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. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation Fluctuation A price or interest rate change. of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. SMSMobility, Inc. (PINK SHEETS:SMSO) |
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