AmeriStar Network Inc. Files Merger Agreement With SecurDigital Inc., Bringing Proprietary Technology for the Prevention of Hack
February 09 2011 - 6:53AM
Marketwired
AmeriStar Network, Inc. (PINKSHEETS: AMWK), quoted on OTC Markets
(Pink) (see www.otcmarkets.com) under the symbol AMWK.PK, announced
today that it has received certifications from the Delaware
Secretary of State consummating the merger with SecurDigital, Inc.
and the 1 for 2 reverse stock split; the effective date of both
corporate actions is February 15, 2011. The Company has filed these
State certifications with FINRA and believes it has met the filing
requirements of that regulatory body.
SecurDigital, Inc.,
a private company, has developed proprietary technology to protect
corporations, governments and even individuals from hacking and
espionage that is a major advance in the delivery of secure and
interoperable wireless communications. Eliminating the exposure of
wireless communication to scanners or hackers, its SecurVoice™
technology is delivered to subscribers over the Internet using the
Software-as-a-Service ("SaaS") model.
SecurVoice™ is the world's first totally secure, wireless,
digital communications "software only" solution for security and
interoperability over wireless and VoIP communications and works
across multiple carriers, operating systems and hardware,
performing "wireless interoperability" for WiMAX and WiFi products
globally.
The headquarters of the merged enterprise will be moved to New
York City, with branch offices located in Washington, D.C.,
Connecticut and Utah. The merged company intends to change its name
to SecurDigital, Inc.
and to apply for a new trading symbol after the effective date of
the merger.
Statements in this press release may be "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Words such as "optimizing," "potential,"
"anticipate," "goal," "intend" and similar expressions, as they
relate to the company or its management, identify forward-looking
statements. These statements are based on current expectations,
estimates and projections about the company's business based, in
part, on assumptions made by management. These statements are not
guarantees of future performance and involve risks, uncertainties
and assumptions that are difficult to predict. Actual outcomes and
results may, and probably will, differ materially from what is
expressed or forecasted in such forward-looking statements due to
numerous factors, including those described above and those risks
discussed from time to time in Company filings with the Securities
and Exchange Commission. These statements and other forward-looking
statements are not guarantees of future performance and involve
risks and uncertainties. AmeriStar Network, Inc. assumes no
responsibility to update any of the forward-looking statements in
this news release. Neither the Company nor any other person assumes
responsibility for the accuracy or completeness of these
forward-looking statements.
Nothing in this press release should be
construed as either an offer to sell or a solicitation of an offer
to buy or sell shares of AmeriStar Network, Inc. in any
jurisdiction.
Contact: O. Russell Crandall Chairman AmeriStar Email: Email
Contact Phone (435) 229 - 1955 URL: www.ameristarnetwork.com
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