Diet Coffee, Inc. Announces Corporate Name Change to Zevotek, Inc.
http://markets.chron.com/chron?GUID=5855445&Page=M [2008-6-30]
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NEW YORK, June 27 /PRNewswire-FirstCall/ -- Diet Coffee, Inc. DCFF , announced today a corporate name change to Zevotek, Inc. Thissignals a new beginning for the organization which has completed asweeping corporate restructuring and a successful integration ofworldwide, exclusive marketing and distribution rights to the IonicBulb, which it acquired earlier this year. The Company will begintrading under its new ticker symbol "ZVTK" beginning on Friday,June 27, 2008.
Zevotek CEO Adam Engel stated, "As a result of the Ionic Bulbrights, we believe that the name Diet Coffee is no longerindicative of who we are as an organization. This combined with ourfresh approach and new direction, was the right time to introduceZevotek, Inc. to reinforce our commitment to this long-termstrategy. We look forward to introducing new and exciting productsto the ionic line under this new name. We also expect new domesticas well as foreign contracts to be announced in the near future."
In addition, management has taken the necessary steps to consummatea reverse split of its common stock at a ratio of one-for-50 aspart of its future recapitalization strategy.
About the Company:
Zevotek, Inc. plans to market and sell independently a range ofdistinct and independent lines of home care and household products.In May 2007, the company entered into a license agreement to sellan energy saving compact fluorescent light bulb named the IonicBulb. The company plans to market the Ionic Bulb through TVinfomercials, catalogs, magazines and major U.S. retail andspecialty stores and the website www.zevo-tek.com and www.ionic-bulb.com .
Safe Harbor Statement under the Private Securities LitigationReform Act of 1995: Forward-looking statements in this release withrespect to the Zevotek, Inc.'s business, financial condition andresults of operations, as well as matters of timing and theprospective terms of the transaction described are subject to risksand uncertainties that could cause actual results to differmaterially from those expressed in the forward-looking statements,including, but not limited to, certain delays beyond Diet Coffee,Inc.'s control with respect to market acceptance of their products,whether financing will be available, the plans for Zevotek, Inc. tomarket and sell home care and other household products as well ascertain other risk factors which are and may be detailed from timeto time in Zevotek, Inc.'s filings with the Securities and ExchangeCommission.
This press release contains forward-looking statements. The wordsor phrases 'may,' 'intends,' 'expects,' 'estimate,' 'indicate,''plans,' 'anticipates,' 'could,' 'if,' 'will,' 'should' or similarexpressions are intended to identify 'forward-looking statements.'Actual results could differ materially from those projected inforward-looking statements as a result of a number of risks anduncertainties. Statements made herein are as of the date of thispress release and should not be relied upon as of any subsequentdate. Zevotek, Inc. cautions readers not to place undue reliance onsuch statements. Unless otherwise required by applicable law,Zevotek, Inc. does not undertake, and Zevotek, Inc. specificallydisclaims any obligation to update any forward-looking statementsto reflect occurrences, developments, unanticipated events orcircumstances after the date of such statement.
Further information on Zevotek, Inc. is available at http://www.outcasttrader.com/
Source: Zevotek, Inc.
NEW YORK, June 27 /PRNewswire-FirstCall/ -- Diet Coffee, Inc. DCFF , announced today a corporate name change to Zevotek, Inc. Thissignals a new beginning for the organization which has completed asweeping corporate restructuring and a successful integration ofworldwide, exclusive marketing and distribution rights to the IonicBulb, which it acquired earlier this year. The Company will begintrading under its new ticker symbol "ZVTK" beginning on Friday,June 27, 2008.
Zevotek CEO Adam Engel stated, "As a result of the Ionic Bulbrights, we believe that the name Diet Coffee is no longerindicative of who we are as an organization. This combined with ourfresh approach and new direction, was the right time to introduceZevotek, Inc. to reinforce our commitment to this long-termstrategy. We look forward to introducing new and exciting productsto the ionic line under this new name. We also expect new domesticas well as foreign contracts to be announced in the near future."
In addition, management has taken the necessary steps to consummatea reverse split of its common stock at a ratio of one-for-50 aspart of its future recapitalization strategy.
About the Company:
Zevotek, Inc. plans to market and sell independently a range ofdistinct and independent lines of home care and household products.In May 2007, the company entered into a license agreement to sellan energy saving compact fluorescent light bulb named the IonicBulb. The company plans to market the Ionic Bulb through TVinfomercials, catalogs, magazines and major U.S. retail andspecialty stores and the website www.zevo-tek.com and www.ionic-bulb.com .
Safe Harbor Statement under the Private Securities LitigationReform Act of 1995: Forward-looking statements in this release withrespect to the Zevotek, Inc.'s business, financial condition andresults of operations, as well as matters of timing and theprospective terms of the transaction described are subject to risksand uncertainties that could cause actual results to differmaterially from those expressed in the forward-looking statements,including, but not limited to, certain delays beyond Diet Coffee,Inc.'s control with respect to market acceptance of their products,whether financing will be available, the plans for Zevotek, Inc. tomarket and sell home care and other household products as well ascertain other risk factors which are and may be detailed from timeto time in Zevotek, Inc.'s filings with the Securities and ExchangeCommission.
This press release contains forward-looking statements. The wordsor phrases 'may,' 'intends,' 'expects,' 'estimate,' 'indicate,''plans,' 'anticipates,' 'could,' 'if,' 'will,' 'should' or similarexpressions are intended to identify 'forward-looking statements.'Actual results could differ materially from those projected inforward-looking statements as a result of a number of risks anduncertainties. Statements made herein are as of the date of thispress release and should not be relied upon as of any subsequentdate. Zevotek, Inc. cautions readers not to place undue reliance onsuch statements. Unless otherwise required by applicable law,Zevotek, Inc. does not undertake, and Zevotek, Inc. specificallydisclaims any obligation to update any forward-looking statementsto reflect occurrences, developments, unanticipated events orcircumstances after the date of such statement.
Further information on Zevotek, Inc. is available at http://www.outcasttrader.com/
Source: Zevotek, Inc.
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