HINGHAM, Mass., Nov. 15, 2007 (PRIME NEWSWIRE) -- Evercel, Inc. (Pink Sheets:EVRC) today announced that it has received audited financial statements from its independent auditors for the years ended December 31, 2003, 2004 and 2005. Shareholders may obtain a copy by request from the company. Garry Prime, CEO, stated "We continue to work diligently to get our accounting up to date. While we can give no assurance, we expect to be current on an annual basis and be able to report timely results next year."
About Evercel
Hingham, Mass.-based Evercel is a multi-industry company whose operations include crab processing for both fresh and frozen markets, and sale of a disposable valve used in the treatment of critically ill patients on respirators. Evercel's investments include Zipcar Inc. (car sharing), Oxygen SpA (light electric vehicles), and Julia LLC (skin wrinkle reduction technology).