GOLDEN, Colo., Aug. 14, 2007 (PRIME NEWSWIRE) -- HumWare Media Corporation (Pink Sheets:HMWM) is pleased to announce that all shareholders of record, as of today, will participate in the Evans Systems, Inc. (Pink Sheets:EVSY) restricted stock dividend. The Company received shares of Evans Systems, Inc. as payment for the sale of the international rights to market and sell the Boondoggle Sports Network (BSN) to Evans Systems.
HumWare Media Corp. shareholders of record, as of August 15, 2007, will receive 1 share of restricted Evans Systems, Inc. stock for every 70 shares of HumWare they own as of the record date. The Company's shareholders will maintain their stock ownership of HumWare and, in addition, will receive shares of Evans Systems, Inc. HumWare shareholders of record, as of August 15, 2007, must have at least 10,000 shares in HumWare Media Corp. to qualify.
"We are pleased to have Evans Systems, Inc. expanding our digital signage technology throughout Europe and the international market. We feel this dividend is a way to show our shareholders that we are continuing with our business strategy and plan on extending our growth over the next several years," stated John Huemoeller, CEO of HumWare Media Corp.
HumWare Media recently announced it will provide contest operations and support for the upcoming 2007 Fantasy Football season for the Albuquerque Journal Newspaper Group.
About Evans Systems, Inc.:
Evans Systems, Inc. is an emerging out of home new media advertising Company operating the Child Watch Network (CWN). CWN delivers time-sensitive missing children information while providing a dynamic digital signage network for advertisers to reach on-the-go consumers with a targeted effective medium. Recently, the Company has acquired the international rights to market and sell Boondoggle Sports Network. The Company will initially focus on establishing a presence in the United Kingdom and will utilize management's experience and contacts to expand into other European countries.
About HumWare:
HumWare Media Corporation develops and operates unique digital signage networks including Boondoggle Sports Network, 19thHole.TV and Child Watch Network. The Company also operates various fantasy sports contests and sells sports memorabilia through its wholly-owned subsidiary Timeless Sports Inc.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.