SCOTTSDALE, Ariz., Dec. 3, 2004 (PRIMEZONE) -- Mellon Research, Inc. (Pink Sheets:MLON), the market leader in providing boutique investment banking services to private mid cap companies, is announcing an increase in its stock dividend and a contract signing with a new client that will be formally announced next week.
Mellon Research, Mesa, Arizona, on December 3, 2004 will begin an aggressive stock buy back over the course of three weeks time of approximately 450,000,000 shares.
"Our stock is greatly undervalued and has enormous potential considering the value of its' assets and revenue." Said Mario Pino president and CEO of Mellon Research.
"We are anticipating our firm to be fully reporting up to and including our 10Q and our 10K by the new year 2005. A live simulcast of our earnings for the fourth quarter ending December 31, 2004 will be announced on a pro-forma basis in the new year 2005." Said Mario Pino.
Mellon Research is pleased to announce the recent interest in our firm from several small to mid-sized investment firms to purchase Mellon Research at a price of .05 cents per share. Mellon Research will entertain such offers only after it becomes a fully reporting firm in 2005 and fourth quarter earnings are announced in early 2005.
About Mellon Research, Inc.
Founded in the fall of 2003 by Mario Pino, Mellon Research provides comprehensive boutique investment banking consulting services to enable private companies to raise capital via: IPO's, Reverse Mergers, Bridge Capital and or other financial vehicles. Mellon Research is the only multi-national boutique financial services firm that is offering client companies with a structured funding process built around its Financial Prep services. These services provide client firms with a methodology that helps them analyze existing corporate structure, financial and marketing needs to help them make the right strategic choices necessary to raise capital or go public. For more information please contact Mario Pino, CEO, 602.912.5870, 2415 E. Camelback Road, Suite 700, Phoenix, AZ 85016, mellonresearch@aol.com, www.mellonresearch.com
This release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the company's current views with respect to future events that involve risks and uncertainties including uncertainties related to successful negotiations with other parties, closing of transactions, capital availability, operational and other risks, uncertainties and factors described from time to time in the company's publicly available SEC reports. In light of these risks and uncertainties, the forward-looking events described in this release might not occur.