HOUSTON, April 3, 2006 (PRIMEZONE) -- Elite Flight Solutions (OTCBB:EFLT) announced today the Company will be renamed "Elite Home Solutions, Inc." The name change is intended to reflect Elite's new business plan, which will focus on the rapidly growing home improvement market and the financing of home improvements. Elite began the implementation of this plan with the recent purchase of Aim American Mortgage, Inc. in Houston, Texas.
Bruce Edwards, CEO of Elite, stated, "This new name reflects our business focus, and we look forward to its effectiveness as soon as possible. We believe that in a rising interest rate environment, homeowners will prefer improving their current environment rather than facing the time, expense and hassle of buying a new home. The new name change will not be effective until the shareholders have voted on it, but we are confident in a positive result on this question, and look forward to pursuing our new business plan."
All statements included in this press release, other than statements of historical fact, are forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations that are disclosed in this press release. While Elite Flight Solutions, Inc. believes its forecasting assumptions are reasonable, there are factors that are hard to predict and influenced by economic and other conditions that are beyond Elite Flight Solutions, Inc.'s control. Among the other important factors which could cause actual results to differ materially from those in the forward-looking statements are detailed in Elite Flight Solutions, Inc.'s filings with the Securities and Exchange Commission.