IRVINE, Calif., April 14, 2014 /PRNewswire/ -- EP Global
Communications, Inc., (OTC Ticker EPGL) has been informed by PwC
Caymans that it wishes to hold 100% of its 2 Billion Common shares
in EPGL which it manages on behalf of AJW Funds and does not wish
to give up any EPGL equity at this time.
Earlier this year, referring to on-going developments with a
3rd Party and EPGL MEMS technology, Mr. Ian Stokoe of PwC Caymans, stated publicly that,
"In my view, this is a major milestone and, as a major shareholder,
I look forward to the future success of EPGL."
"I do not blame Ian Stokoe for
his stance and he is a very intelligent man. I do not wish to
give up any of my EPGL equity either, not with the potential of our
MEMS technology and what is currently developing for
EPGL," added Michael Hayes,
President of EPGL.
About EP Global Communications, Inc.
EP Global Communications, Inc. is an advanced technology
development company for both medical devices and consumer
electronics devices specializing in microelectronic mechanical
systems (MEMS).
Safe Harbor Statement
Certain matters discussed in this press release are
"forward-looking statements" intended to qualify for the safe
harbors from liability established by the Private Securities
Litigation Reform Act of 1995. In particular, the Company's
statements regarding trends in the marketplace and potential future
results are examples of such forward-looking statements. The
forward-looking statements include risks and uncertainties,
including, but not limited to, the timing of projects due to the
variability in size, scope and duration of projects, estimates made
by management with respect to the Company's critical accounting
policies, regulatory delays, clinical study results which lead to
reductions or cancellations of projects, and other factors,
including general economic conditions and regulatory developments,
not within the Company's control. The factors discussed herein and
expressed from time to time in the Company's filings with the
Securities and Exchange Commission could cause actual results and
developments to be materially different from those expressed in or
implied by such statements. The forward-looking statements are made
only as of the date of this press release and the Company
undertakes no obligation to publicly update such forward-looking
statements to reflect subsequent events or circumstances.
CONTACT: Brady Peterson, 1-877-287-6175,
investors@epglmed.com
SOURCE EP Global Communications, Inc.