JEFFERSON CITY, Mo., Feb. 23, 2015 (GLOBE NEWSWIRE) -- Dragon Polymers Inc. (OTC Pink:DRAG) (Pink Sheets:DRAG). The Board of Dragon Polymers, Inc. announces a name change to Hitec Corp (the "Company"). Following a name change with the Nevada Secretary of State, the Company has applied to FINRA for a new symbol and trading name change.
The Company has since been notified by the Autorité des Marches Financiers (AMF) of an omission to meet filing requirements on SEDAR due to the composition of prior management. The Company is actively working to fulfill all historical omissions and satisfy the AMF's requirements.
Hitec Corp. is a publicly held company engaged in the business of off the road tire (OTR) pyrolysis processing.
Safe Harbor Statement: This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.