Message #17 From:
Jason Date: October 30, 2008 01:35:33 PM
PRSF Stock: Produce Safety & Security International, Inc. Announces the Reversal of Shares and Authorized Shares
IRVING, TX -- (Marketwire) -- 09/15/08 -- Produce Safety & Security International, Inc.
(PINKSHEETS: PRSF stock) announced that the Board of Directors voted to reduce
both the number of authorized shares and reduced the number of outstanding
shares as well in order to stay within the new parameters.
Each stockholder will maintain their relative position within the Company
as both will be reduced by the same factor.
This move was necessary in order to restructure the Company as a profitable
entity.
About Produce Safety & Security International, Inc. (PRSF)
Produce Safety & Security International, Inc. has developed a food-safe
process that includes extending the shelf life of perishables. This process
will provide reduced shrinkage for retail produce, meat, and seafood
departments, increases their bottom line profits and provides a fresher
product for the consumer. This process may also be used on organics as it
uses no chemicals, thus meeting the requirements of organic certification.
Additionally, our company provides a range of solutions for food
processors, beverage processors, grocery stores, restaurants, cruise ship
lines, disaster cleanups, and municipal programs. This food-safe process
incorporates a complete audit trail which is an essential component for
complying with government regulations in the USA, Canada, Mexico, Europe,
Asia and Central and South America.
Produce Safety & Security International, Inc.'s ozone equipment and
services have been shown to extend shelf life and remove food-borne illness
pathogens. The ozone solutions provided or utilized by the company to
sanitize and disinfect against food-borne illnesses, pathogens and
disease-causing bacteria meet or exceed FDA and USDA regulations.
Safe Harbor statement under the Private Securities Litigation Reform Act of
1995: Statements in this news release looking forward in time involve risks
and uncertainties, including the risks associated with the effect of
changing economic conditions, trends in the products markets, variations in
the company's cash flow, market acceptance risks, technical development
risks, seasonality and other risk factors.
Contact:
Kathleen C. Cullen
President
4573 N. O'Connor Rd., #1331
Irving, TX 75062
USA
Phone: 972-717-7435
Fax: 972-717-7459
