Organa Technologies Group, Inc. Reaches Agreement With Dinosaur Securities, LLC to Act as Placement Agent

Epic Weapons, Inc. Seeks to Raise Five Million Dollars under Confidential Private Placement


MELBOURNE, Fla., Oct. 22, 2007 (PRIME NEWSWIRE) -- Epic Weapons, Inc., a wholly-owned subsidiary of Zowy Media, Incorporated, a subsidiary of Organa Technologies Group, Inc. (Pink Sheets:OGTG), a technology-based holding company, today announced it has engaged Dinosaur Securities, LLC to act as Placement Agent in a Confidential Private Placement Memorandum (PPM) to raise up to five million dollars ($5,000,000) for Epic Weapons.

Epic Weapons selected Dinosaur Securities, LLC because of its worldwide access with offices in New York, London, Zurich, Sao Paulo, and Istanbul. Gina Bennett, CEO, stated, "We feel Dinosaur Securities has the necessary resources to achieve success and are excited to work with their team as the Company moves forward."

Organa Technologies Group, Inc. (OGTG) is a holding company which acquires and holds controlling interest in technology-based businesses. The Company, through its subsidiaries, provides Internet Web Hosting and Voice over Internet Protocol (VOIP) services, web design services, hardware and software installation and training, other Internet related consulting services, hardware and software computer system solutions and services, system protocols for on-line payment processors through ACH and other banking solutions, product registration and authentication, through a proprietary and patent-pending process, to reduce knock-offs and copy-cat renditions of various products, Internet purchasing of swords and weapon memorabilia of replica weapons found in on-line gaming, such as the impending release of the Blizzard Entertainment(r) World of Warcraft(r) Frostmourne Sword(r).

This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products, which we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.


            

Tags


Contact Data