HOUSTON, Sept. 28, 2005 (PRIMEZONE) -- NuWave Technologies Inc. (OTCBB:NUWV) announced today the company will now do business as "Emerge Capital Corp." An assumed name certificate has been filed with the State of Delaware to allow the Company to immediately operate under the new name of Emerge Capital Corp. Emerge Capital Corp. expects to have a shareholder vote to formally change the company's name within the next twelve months.
Tim Connolly, newly appointed CEO of Emerge Capital Corp., commented, "Our new name reflects our mission to provide merchant banking services to emerging and re-emerging public and private companies. We intend to expand our investment, strategic consulting and turnaround services and believe that Emerge Capital Corp. will become a brand that speaks for itself."
About Emerge Capital Corp. and Corporate Strategies, Inc. -- Emerge Capital Corp. (OTCBB:NUWV) recently acquired Corporate Strategies Merchant Bankers in a reverse merger transaction. Corporate Strategies, Inc. (www.corporate-strategies.net) is a Merchant Banker in the traditional European sense of the word. As the term has evolved from the 18th Century to today, Merchant Banking describes an enterprise that not only finances a company's product or service, but also assists in developing a comprehensive business strategy. Corporate Strategies is comprised of seasoned executives with extensive experience in merchant banking, including business development and strategy, turnaround management, public and private company corporate finance, capital markets research, human resources, due diligence and transaction negotiation and execution.