LOS ANGELES, April 10, 2006 (PRIMEZONE) -- Warning Management Services Inc. (Pink Sheets:WNMI) today announced that Warning Management Services Inc., Uber Inc. and Uber's shareholders of record have signed a definitive agreement whereby Warning has acquired of all of the outstanding shares of capital stock of Uber Inc., a Louisiana corporation and their operating units.
Uber Inc. operating units include Uber Models, The Speed magazine, Uber Girls and Uber Vintage Clothing.
William Scott Whitfield, the former President of Uber Inc. has been appointed to the position of President of Uber Inc. and Warning Models LLC. Catherine Tran, the former Chief Operating Officer of Uber Inc., has been retained as Director of Operations of Uber Inc. and Warning Models LLC.
"We are extremely excited about the acquisition of Uber Inc.," said Brian Bonar, Warning's CEO. "We anticipate the acquisition of Uber will significantly increase Warning's national exposure through their magazines and web presence in both the modeling and clothing industries." Bonar continued, "We firmly believe that with the addition of Scott and Cat's expertise, Warning's team will be a driving force in all of our related industries."
Uber Inc., founded in 1999, develops and supplies models for fashion editorials in magazines, catalogs, newspaper advertisements, personal appearances, trade shows and conferences; and for advertising clients who use models in posters, websites, billboards and other outlets. The Speed magazine is distributed to college campuses nationwide.
William Scott Whitfield, President of Uber and Warning Models, said, "We are excited about the future of the Company. Our combined expertise in the advertising, publishing, television, apparel and modeling, have already allowed us to enter into discussions with major firms for national campaigns."
About Warning Management Services Inc.
Warning Management Services, founded in 1998, develops and supplies models for fashion editorials in magazines, catalogs and newspaper advertisements and for advertising clients who use models in posters, websites, billboards and other outlets. Also, Warning Management models make TV, video and personal appearances.
The Company also owns Employment Systems, Inc., which provides staffing services and business processing services to municipalities and small businesses throughout Southern California.
About Uber Inc.
Uber Inc. (Uber Models) (www.ubermodels.com) founded in 1999, has provided and developed models for all aspects of the modeling and talent industry including print, runway, showroom and spokes modeling. In addition to direct booking, Uber has placed models with agencies worldwide.
The Speed Magazine (www.thespeedmagazine.com), launched in 2002 as part of Uber Inc., is currently available at major universities in Louisiana, Alabama, Florida, Georgia, Tennessee and Kentucky. The publication is available free to readers on campuses and in surrounding businesses.
Ubergirl (www.Ubergirl.com), Uber Inc.'s talent division, supplies promotional models for special events, tradeshows and conferences. Additionally, Ubergirls are featured in film, television and commercials.
UberVintage (www.UberVintage.com) designs, sells and distributes vintage t-shirts and original design t-shirts. The products will be available online and in specialty boutiques nationwide.
Brian Bonar has been Chairman of Warning Management Services Inc. since February, 2004, and is also Chairman and CEO of Dalrada Financial Corporation (OTCBB:DRDF) located in San Diego, which provides a variety of professional services related to human resources to businesses, and CEO of The Solvis Group, Inc. (Pink Sheets:SLVG), which includes a number of operating units, including M&M Nursing Services and CallCenterHR(tm). The Company provides a variety of staffing services to businesses, including comprehensive human resource administration, payroll services, workers compensation and risk management insurance, and employee benefits such as health insurance, supplemental insurance, HSA plans, 125 cafeteria plans, and 401(k) plans. The Company also includes an imaging products and services unit, Imaging Tech, Inc., which provides a variety of innovative products and services associated with graphics, photography, and color management.
Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K for the year ended Dec. 31, 2002, and its subsequent filings with the SEC.