FORT LAUDERDALE, Fla., March 24, 2010 (GLOBE NEWSWIRE) -- Saudi American Holdings Corp. (Pink Sheets:SAHN), an international holding company, today announces it recently upgraded its official website, http://www.saudi-american.com. The site was designed to enable its investors to better track the Company's progress and investment strategies by industry, as well as act as a portal for its subsidiaries' websites.
Equally important is the new Saudi American IR Website platform provided by Equisolve, the leader in shareholder communication technology, and includes financial statements, SEC filings, insider transactions, new releases, email news alerts, corporate governance, as well as delayed stock quotes, charts and much more.
Brad Van Siclen, a Director of Saudi American Holdings Corp., said, "We are committed to providing our investors with timely information and transparency. The new website is the first step in delivering on that commitment. We encourage all of our shareholders to view the new website and sign up to receive our email news alerts."
Make sure you are first to receive timely information on Saudi American Holdings Corp. when it hits the newswire. Sign up for Saudi American's email news alert system today at: http://www.saudi-american.com/alerts
About Saudi American Holdings Corp.:
Saudi American Holdings Corp. is an international holding company based in Ft. Lauderdale, Florida. It operates under the mandate to acquire undervalued, private companies with owners/managers positioned to increase profitability through revenue growth and improvements in internal operating efficiency. However, there are no areas worldwide in which investments or acquisitions could not be made. For more information, please visit: http://www.saudi-american.com
Forward-Looking Statements:
This press release contains forward-looking statements pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. This press release in no way constitutes any recommendation regarding the securities of Saudi American Holdings Corp. (SAHN) or its affiliates. Any person reading this release is advised that this release should be considered in the light of all facts and circumstances regarding the business and financial condition and prospects of SAHN, and no inference has been made that this release contains all such information.
Forward-looking statements can be identified by words such as "anticipates," "intends," "plans," "seeks," "believes," "estimates," "expects" and similar references to future periods. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. We caution you therefore against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. Any forward-looking statement made by Saudi American Holdings Corp. in this press release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise.