NEW YORK, July 28, 2014 (GLOBE NEWSWIRE) -- Evercel, Inc. (OTC:EVRC) currently expects to release its consolidated financial statements for the year ending March 31, 2014 by end of October 2014. Selection of a new, global auditing firm and first-time consolidation of financial information from Printronix, New England Crab Co and Sontek Medical have contributed to the delay of the release.
New York City based Evercel is a publicly traded holding company that oversees and manages subsidiary companies. Operations currently include a business printing equipment manufacturer. Due to Evercel's limited number of shareholders and its decision at present not to register with the SEC, Evercel is not obligated to report financial information. Evercel chooses to voluntarily report information periodically.