LOS ANGELES, CA--(Marketwire - May 20, 2008) - Eco-Safe Systems USA, Inc. (PINKSHEETS: ESFS) is reporting that the CPA firm of Mendoza-Berger has today delivered
the second Eco-Safe Certified Audit to a delighted Eco-Safe President,
Mendoza-Berger specializes in rapidly growing public companies.
The audit shows Eco-Safe is again profitable for the year 2007, its second
year in operation, after more than five years of research and development.
Michael Elliot, President of Eco-Safe Systems USA, Inc., said, "For 2007,
Shareholder Equity has more than doubled, total assets increased more than
272%, and our cash and accounts receivables have more than tripled. Since
Eco-Safe is a non-reporting company, we did not need to commission this
audit, and few companies in our position would do so. However, Eco-Safe
ordered this independent audit to provide our shareholders and bankers with
the most accurate information possible.
"We now have 11 units on demonstration with some of the strongest names in
the supermarket industry. Given our past conversion ratio of 86% from
demonstrations to sales, we can expect significant increases in all areas
The foregoing contains forward-looking information within the meaning of
The Private Securities Litigation Act of 1995. Such forward-looking
statements involve certain risks and uncertainties. The actual results may
differ materially from such forward-looking statements. The company does
not undertake to publicly update or revise its forward-looking statements
even if experience or future changes make it clear that any projected
results (expressed or implied) will not be realized.
Contact Information: Contact:
Eco-Safe Systems USA, Inc.