TORONTO, July 31, 2007 (PRIME NEWSWIRE) -- COSCO ESP, Inc. (Pink Sheets:CCPI) ("COSCO") (http://www.coscoesp.com) is pleased to announce it has retained the services of AGORACOM Investor Relations ("AGORACOM") (http://www.agoracom.com) to provide investor relations services.
The objective of this agreement is two-fold. First, to create effective communication between COSCO, its shareholders and the investment community through AGORACOM's internet based investor relations system. Effective immediately, a customized and monitored Cosco IR HUB (http://www.agoracom.com/IR/cosco) will allow both COSCO and AGORACOM to communicate with all investors simultaneously, anytime and in real-time, while providing shareholders with equal access and complete transparency to all investor relations communications. The IR HUB will also provide one-click access to all critical COSCO IR information, as well as, an executive audio address. In addition, the IR HUB provides investors with a monitored discussion forum for the purposes of constructive and high-quality discussion about the Company that is free of spam, bashing, hyping and profanity.
Second, AGORACOM will be responsible for raising COSCO awareness amongst retail investors for the purposes of attracting new and prospective shareholders. As an exclusive small-cap content provider to Yahoo Finance Canada, AOL Finance Canada and every Blackberry device on the planet, AGORACOM will provide Tier-1 financial coverage of all meaningful COSCO press releases.
AGORACOM will be fully responsible for creating, implementing and executing an investor relations strategy, the consolidation of which will save management a considerable amount of time, effort and expense, allowing them to focus on core business operations, while significantly improving shareholder communications.
COSCO President, Mark Dorin, stated, "COSCO believes the time has now come to significantly increase our communications with shareholders and the investment community. The solution provided by AGORACOM fulfills our need to manage and execute an IR strategy in a cost efficient manner, while providing our management team with the ability to focus on executing the business plan. Our shareholders and Company will benefit greatly from near real-time communications, regularly planned updates and increased exposure."
For all future COSCO investor relations needs, investors are asked to visit the COSCO IR Hub at http://www.agoracom.com/IR/cosco where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to CCPI@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.
About AGORACOM Investor Relations Corp.
AGORACOM Investor Relations is North America's leading outsourced investor relations firm for small-cap companies. AGORACOM's exclusive IR HUB delivers two-way investor relations and communications that provides 100% transparency, accessibility, equality and near real-time communications for all shareholders and the investment community.
AGORACOM has specialized in small-cap investor relations since 1997 and is the exclusive provider of all small-cap content to Yahoo Finance Canada, The AOL Small Cap Channel and every Blackberry device on the planet.
About COSCO ESP Inc.
COSCO ESP Inc. is publicly traded on Pink Sheets under the symbol "CCPI," and is an established manufacturer and service provider of down-hole electric submersible pump-related equipment in the oil and gas industry. The Company's advanced technology oilfield pumping and monitoring equipment allows for more efficient extraction of oil from new and existing underground oil reservoirs. COSCO is active in several countries in the Middle East as well as Africa, Russia, China and Southeast Asia.
To find out more about COSCO ESP Inc. (Pink Sheets:CCPI), visit our website at: http://www.coscoesp.com
The COSCO ESP logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2346
Note: Certain statements in this news release may contain ''forward looking'' information within the meaning of rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements.