FT. GRATIOT, Mich., Dec. 30, 2004 (PRIMEZONE) -- AVL Global, Inc. (Pink Sheets:AVLL), a Nevada Corporation, is pleased to announce that it has received an offer from Hong Ling Venture Capital Corp. and Worldwide China Securities Corp. to assist with funding and market support in Taiwan.
During his recent trip to Taiwan to acquire the Exclusive Licensing Rights from Electro-Dynamic Research Group on their unique technology, Mr. Tyler Fisher, President and CEO of AVL Global, Inc. met with Mr. Lee Wen Hsuan President of the Hong Ling Corporation and Worldwide Securities. Mr. Hsuan will be working closely with both AVL and Electro-Dynamic Research to assist with financing for the ongoing costs of product development and market support. Mr. Fisher stated that, "With the support of Mr. Hsuan and his team, we can expect few if any delays in moving forward with our product offering."
Additional information will be made available as we progress.
For further information contact: AVL Global, Inc. at www.avlglobal.biz
Forward Looking Statements
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially form the expected results.