IRVINE, Calif., Aug. 23, 2005 (PRIMEZONE) -- EntreMetrix, Inc. (OTCBB:ERMX) today announced the launch of the company's business development agenda in its quest to assist emerging-stage companies access to public capital markets. The EntreMetrix business development agenda is established to acquire emerging early stage companies and technologies with promise to provide them access to the investor community for growth capital. The EntreMetrix suites of tools and services will extend to these acquisition candidates, providing a unique introduction to the investor community, as a wholly owned subsidiary of EntreMetrix. The company plans to subsequently spin-off, to the company's shareholders, selected acquired operations when these acquired operations are able to function as independent public entities.
Scott W. Absher, EntreMetrix' CEO added to the announcement by stating, "EntreMetrix' management has been active in helping private companies in their public market entry and public companies in their growth and development. We now want to put our tools and experience into these types of transactions, to work to develop opportunities for EntreMetrix shareholders and our valued clients". Absher went on to say that "these transaction activities enhance our profitability near-term and will ultimately produce dividends for our shareholders in the form of shares in any spin-off entity when such a spin-off event takes place."
EntreMetrix' business development agenda calls for a retention of a trailing equity interest of each spin-off entity as a portfolio of investment holdings. The company also plans to continue client alliances with these independent operations, providing the company's tools and services post transaction. For information on the EntreMetrix business development program, please call EntreMetrix at (888) 798-9100 or an email request to BDC@entremetrix.com.
About EntreMetrix
Based in Irvine, California, EntreMetrix is a provider of essential structural and financial support services to small business clients. The company's services create value for clients by providing structural and financial support, as well as capital formation, to sharpen business focus and accelerate growth. For more information on EntreMetrix, Inc. visit the company's Web site at www.entremetrix.com or contact Scott W. Absher at (888) 798-9100.
Safe Harbor Statement
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). Statements in this release that relate to the company's plans and strategies, as well as management's expectations about new and existing products and services, acquisitions and opportunities, market growth, demand for acceptance of new and existing products and services, are forward-looking statements. In particular, when used in the preceding discussion, the words "estimated," "believe," "optimistic," "expect," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in forward-looking statements. Such risks and uncertainties include, but are not limited to, unfavorable market conditions, increased competition, limited working capital, and failure to implement business strategies, actions by regulatory agencies, and other risks and uncertainties that could cause actual results to differ materially from historical or anticipated results due to many factors. The company undertakes no obligations to publicly update or revise such statements. For more details, please refer to the company's Securities and Exchange Commission filings.