CLEVELAND, Feb. 24, 2010 (GLOBE NEWSWIRE) -- Nevada International Stock Exchange, Inc. (Pink Sheets:SRCP) today announced that the Company has officially changed its name to SearchPath HCS, Inc. www.searchpathhcs.com. In connection with the name change, the Company's trading symbol has been changed from NVDS to SRCP.
The name change and symbol change was effective on February 23, 2010. The Company will continue to operate SearchPath International, Inc. as a wholly owned subsidiary. The new name and trading symbol better reflects the Company's focus, which is to become the premier organization in talent search and recruiting services for executives and other professionals.
Thomas K. Johnston, Chief Executive Officer of SearchPath HCS, Inc., commented, "We strongly believe that human capital is the most valuable asset in any company and provide our clients with the ability to identify, recruit and retain the most effective individuals to help them succeed. This is another significant step in building our brand and growing our organization's innovative franchisor model which provides a competitive advantage by simultaneously adding great value to our client firms, executive talent, franchisees and investors."
About SearchPath HCS, Inc.
SearchPath HCS, Inc. is a rapidly growing human capital solutions firm and the parent company of SearchPath International, Inc. (SPI) www.searchpath.com. SPI is a U.S.-based talent acquisition professional services firm, with 85 offices nationwide. Founded in 2005, SPI's goal is to become the premier, vertically-integrated provider of talent acquisition professional services in the world. In addition to being a stand-alone talent and acquisition services firm, SPI is also a franchisor of its business that has redefined the way clients do business with recruiters by implementing a client-centric approach that combines proven industry best practices and revolutionary concepts.
Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of1934. All statements, other than statements of historical fact, including, without limitation, those with respect to the objectives, plans and strategies of the Company and SPI set forth herein and those preceded by or that include the words ``believes,'' "expects,'' "given,'' "targets,'' "intends,'' "anticipates," "plans,'' "projects,'' "forecasts'' or similar expressions, are "forward-looking statements". Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties which could cause the Company's future results to differ materially from those anticipated. The Company assumes no obligation to update any of the information contained or referenced in this press release.