MONTREAL, Aug. 9, 2006 (PRIMEZONE) -- Central Network Communications Inc. (Pink Sheets:CLCW), a public company trading Over the Counter, in the Pink Sheets of the NASDAQ, under the ticker symbol of CLCW, announced today that the Company is currently undertaking steps towards a new business direction, while simultaneously changing its name and corporate image.
To said extent, in the current month, the Company intends to announce the following:
-- Its new corporate name, once registration with the State of
Delaware authorities have been duly completed;
-- The launch of its new website;
-- The signature of two corporate acquisitions; said companies'
business reflect the Company's new direction; negotiations for
said acquisitions are in their final stages.
Management, in the course of its current planning, intends to demonstrate to its shareholders, in a relatively short time frame (this calendar year), that the Company is on its way to profitability while creating shareholder value.
For more information, visit www.cncinc.ca
CNC's Safe Harbour Statement
Except for any historic information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, which are subject to section 27A of the Securities Act of 1933 and section 21E of the Exchange Act of 1934, and are subject to safe harbor created by these sections. Any statements that express or involve discussions with respect to predictions, beliefs, plans, projections, objectives, goals, assumptions of future events or performances are not statements of historical fact and may be "forward looking statements". Forward looking statements in this release may be identified through the use of such words as "expects", "anticipates", "estimates", "believes", or statements indicating certain actions "may", "could", or "might" occur. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements, which involve numerous risks and uncertainties, including the Company's ability to market its products and services in a competitive environment as well as other factors.