WEST PALM BEACH, Fla., Jan. 26, 2012 /PRNewswire/ -- China Nuvo Solar Energy, Inc., (OTCQB: CNUV) today announced the company's official name change to SurgLine International, Inc. has been completed and approved by FINRA. The Company will commence trading under the new OTC ticker symbol: SGLN, effective tomorrow, January 27, 2012. SurgLine, Inc. ("SurgLine") remains the wholly owned operating subsidiary of SGLN.
Thomas Toland, CEO of SGLN and SurgLine, stated, "We are very pleased that we have concluded being able to change the name of our public entity to SurgLine International, Inc., as it more accurately describes our core business of SurgLine. We also believe that it gives us the proper organizational structure to carry out not only our current plans, but our long term corporate strategy of building shareholder value."
About SurgLine, Inc.
SurgLine (www.surgline.com) sources and distributes high quality FDA approved medical and surgical products at discount prices, thereby reducing or eliminating the historical brand premium paid by healthcare providers including acute care hospitals, surgery centers, surgical hospital, self insured employers and insurance companies. SurgLine offers high quality medical and surgical supplies and products at substantial savings utilizing stocking distributors and institutional buyers by sourcing products globally without the historical brand premium and industry markup.
About SurgLine International, Inc.
SurgLine International, Inc. is a holding company that in addition to SurgLine, wholly owns Nuvo Solar Energy, Inc., a development stage company that owns unique patent pending solar and photovoltaic related technology. The Company is also seeking other business opportunities.
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
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SOURCE China Nuvo Solar Energy, Inc.; SurgLine International, Inc.