HINSDALE, Ill., Oct. 12, 2006 (PRIMEZONE) -- Voyager One, Inc. Board of Directors and majority shareholders have approved a name change to Voyager Petroleum, Inc. (OTCBB:VYGO). This change reflects Voyager's strategy to acquire middle market petroleum and lubricant companies with established distribution channels and experienced management where the injection of new capital, wider distribution or a change in supply structure would result in significantly increased revenue or reduced costs. Specifically, management has been active in analyzing private companies that refine, blend, bottle or distribute petroleum based lubricants to the manufacturing and automotive aftermarket.
Commenting, Voyager's President, Sebastien DuFort said, "This strategic focus is behind the Board's recent vote to change the corporate name to Voyager Petroleum, Inc. Management has identified and is in negotiations to acquire two facilities that are anticipated to provide the foundation of the company's operations. In addition, management expects to begin generating revenues in the fourth quarter of 2006."
Finally, DuFort commented, "after extensive due diligence, the company has decided to focus on acquiring these facilities and not to pursue an acquisition of the Homan Corporation."
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