BIRMINGHAM, Mich., Jan. 30, 2009 (GLOBE NEWSWIRE) -- CruiseCam International, Inc. (Pink Sheets:CCMC) hereby announces that the board of directors of the company has determined to cancel and rescind its previously announced Stock Dividend Distribution as previously announced in a press release dated January 27, 2009.
"Circumstances have come to our attention that make it necessary to completely cancel and rescind the Stock Dividend Distribution we previously announced until further notice. We will not be giving any shares of Anything Brands Online, Inc. (Pink Sheets:ANYT), or of any other stock, to our shareholders at this time," said Scott Watkins, the President of the Company.
About CruiseCam International:
CruiseCam International (Pink Sheets:CCMC), through its two operating subsidiaries, develops and markets integrated, "in-car" camera mount and recording systems for law enforcement, consumer, commercial and transportation applications, as well as for competition racing cars. The Company's patented technology and industry-first "CruiseCam" offering have been developed since 1996, and are distributed nationwide. For more information, visit: http://www.cruisecam.com/.
SAFE HARBOR: Statements in this press release other than statements of historical fact, including statements regarding the company's plans, beliefs and estimates as to projections are "forward-looking statements." Such statements are subject to certain risks and uncertainties, including factors listed from time to time in the company's SEC filings, and actual results could differ materially from expected results. These forward-looking statements represent the Company's judgment as of the date of this release. The Company does not undertake to update, revise or correct any forward-looking statements.