FT. GRATIOT, Mich., Feb. 1, 2005 (PRIMEZONE) -- AVL Global Inc. (Pink Sheets:AVLL) a Nevada Corporation:
In a move to expand and increase shareholder value, AVL Global, Inc. has entered into discussions with a consulting group that specializes in the merger and acquisition of small to medium sized businesses, primarily in the Far East. AVL recognizes that there are many opportunities for growth through strategic alliances and acquisitions in this part of the world, through its travels and existing business relationships there. "The consulting group we have identified has had many years of experience in this area and can be our eyes and ears on the ground in the region," states Tyler Fisher, President of AVL. "The uniqueness of our relationship with Electro-Dynamic Research Group and the potential they bring to the table, only confirms our belief of the opportunity existing in this region and AVL plans to take full advantage of these opportunities."
AVL's core business has been in the automatic vehicle location industry but has expanded its business scope to include new high technology products such as the ones presented by the Electro-Dynamic Research Group.
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.