NEW YORK, April 12, 2007 (PRIME NEWSWIRE) -- IDVIEW's Inc. (Other OTC:IDVW) has today announced that Green Eagle Capital Corp. ("Green Eagle") is currently working with management to identify potentially lucrative merger and acquisition candidates. Green Eagle is a New York City based holding Company with a strong track record of facilitating highly successful mergers and acquisitions between public and private Companies. Green Eagle will first focus on upgrading the listing status of IDVIEW's to the Over the Counter Bulletin Board (OTCBB). Concurrently Green Eagle will search for potential acquisitions candidates capable of creating shareholder value in both the intermediate and long terms.
Commenting on the change in control, Green Eagle President Seth Shaw stated, "I am excited to work with management to identify the best possible merger candidate for IDVW." We have started meaningful discussions with a potential candidate and are hopeful that a deal can be consummated.
About IDVIEW's
IDVIEW's Inc. is currently seeking a merger or acquisition candidate to both restore and create additional shareholder value moving forward. The Company just retained Green Eagle Capital to assist management in securing the best possible transaction.
Disclaimer
This press release may include certain statements that are not descriptions of historical facts, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements may include the description of our plans and objectives for future operations, assumptions underlying such plans and objectives, statements regarding benefits of the proposed merger and other forward-looking terminology such as "may," "expects," "believes," "anticipates," "intends," "expects," "projects" or similar terms, variations of such terms or the negative of such terms. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements made herein. These risks, as well as other risks associated with the merger, will be more fully discussed in any joint proxy statement or prospectus or other relevant document filed with the Securities and Exchange Commission in connection with the proposed merger. Such information is based upon various assumptions made by, and expectations of, our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies beyond our control and upon assumptions with respect to the future business decisions which are subject to change. Accordingly, there can be no assurance that actual results will meet expectations and actual results may vary (perhaps materially) from certain of the results anticipated herein.