SANTA MONICA, Calif., March 29, 2006 (PRIMEZONE) -- Zeros & Ones, Inc. (Pink Sheets:ZROS) today filed its Form 10-KSB for the fiscal year ended December 31, 2005, and in doing so announced its Plan of Operations with respect to its status as a publicly held company. Under new management, the Company has completed audits of its operations from 2003 through 2005 in compliance with requirements of a fully reporting company. The Company also intends to comply with the reporting requirements of Bulletin Board companies despite currently being listed on the Pink Sheets. "This is an important step for the Company on its way to relisting on the Over-the-Counter Bulletin Board and maintaining accurate and timely reporting controls and procedures," said the Company's Chairman and CEO, Mark Laisure. "We fully intend to take all steps necessary in order to regain listed status. In addition, the Company is working to complete previously announced acquisitions as part of its growth through acquisition strategy."
About Zeros & Ones, Inc.
Founded in 1994, Zeros & Ones, Inc. is a company focused on bringing innovative technologies, media assets, and strategic partnerships together to deliver next-generation commercial and consumer solutions to empower, enhance, and enrich the digital world.
This news release contains forward-looking statements, including but not limited to, those that refer to the Company's plans for future securities listings, or future development plans or operating results. Actual results could differ materially from those anticipated due to risk factors that include, but are not limited to, lack of timely development of products and services; lack of market acceptance of future products, services and technologies; inadequate capital; adverse government regulations; competition; breach of contract; inability to earn revenue or profits; dependence on key individuals; inability to obtain or protect future intellectual property rights; inability to obtain listing for the company's securities; lower sales and higher operating costs than expected; limited operating history and risks inherent in the Company's markets and business.