VANCOUVER, British Columbia, Aug. 8, 2005 (PRIMEZONE) -- Zentrac Technologies Inc. (Pink Sheets:ZTRC) is pleased to announce shareholder and Board approval of a 10 for 1 forward split of all issued and outstanding shares. Zentrac has been in the process of supplying the further documentation that has been required by the Nasdaq Market Operations, and a new CUSIP number has been issued. The effective date of the split is now Monday, the 15th of August.
ZENTRAC TECHNOLOGIES INC. has a revolutionary staging system that is being developed for use by marketing groups, advertisers and event promoters to stage public or private events. Utilizing advanced computer sequencing and the latest available technology, a stage that would normally take 24 hours to assemble can now be ready for use in under 10 minutes. Fully deployed, the Stage will be approximately 500 sq. ft. with the option to add large LED screens and computer sequenced lighting. It will quickly be the entertainment industry's standard.
Certain statements in this press release constitute "forward-looking statements" within the meaning of the United States Securities Legislation. The Company's actual results could differ from those in the forward-looking statements. Do not construe this information as investment advice. This is not a solicitation to buy or sell securities. This does not purport to be a complete analysis of the Company Investing in securities is speculative and carries a high degree of risk. Past performance does not guarantee future results. Readers should consult their own independent advisers with any investment, including any contemplated investment. All information contained in this press release should be independently investigated. This press release contains forward-looking statements. These remarks involve risks and uncertainties. Risks are not limited to quarterly fluctuations in results or the companies' management of growth and competition. Other risks are detailed in the Company's SEC filings. Actual results may differ materially from such information set forth herein.