KYLE, Texas, March 30, 2007 (PRIME NEWSWIRE) -- Electronic Kourseware International (Pink Sheets:EKII), a provider of low cost science supplies to educational facilities and other institutions is pleased to provide shareholders and interested parties with a comprehensive corporate update and forecast.
The Company, through its main operating unit, Sciencelabs.com, has been making tremendous strides in the multi-billion dollar Education Market. Since April 2006, under the direction of CEO, Phillip Greer, Sciencelabs.com has been successful in building a small innovative company able to adapt to changes in the industry significantly quicker than larger industry peers. Building off its 25 year history in the educational products market, EKI has been able to reestablish itself as a reliable low cost source for quality science educational products. Sciencelabs.com now has over 18,000 diverse educational product offerings available for purchase.
"This announcement marks the beginning of a corporate communication initiative, aimed at increasing exposure of the Company's products to fuel growth and demand," stated Chief Executive Officer, Phillip Greer. "We are one of only very few newcomers in this market which historically has been dominated by large firms with substantial fixed operating cost. Based on our current business model and recent success, we believe we have positioned the company to continue to capture market share and have provided an excellent opportunity for our shareholders to experience a strong return on investment (ROI)."
Electronic Kourseware International, the parent company of Sciencelabs.com, is a public company trading on the over-the-counter market under the ticker symbol "EKII". The Company currently has approximately 328 million shares issued and outstanding. The company has a 25 year history providing quality of science supplies to educational institutions. More recently, the Company has reached an inflection point where it believes Sciencelabs.com has the potential to accelerate its growth rate. The company has plans to expand management including the addition of a Director of Sales and Marketing, Director of Procurement and a Director of Finance. For information please visit, www.eki.com.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve 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 products, or human resources, the effect of economic and 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.