CALVERTON, N.Y., July 12, 2006 (PRIMEZONE) -- AdZone Research, Inc. (OTCBB:ADZR) reported today that its Chairman, Charles A. Cardona, has issued the following update to shareholders:
"July 12, 2006 Dear Fellow Shareholders:
AdZone Research is currently the subject of a stock trading suspension by the SEC. The company was given no prior notice that this would occur and has yet to receive any additional information from the SEC regarding this matter. The company has always done its very best to completely comply with all past SEC requests and inquiries and intends to continue to do so.
We continue to work toward our goals. We are fully engaged in the new sales and marketing plan recently developed by our new management team. Law enforcement interest in our products remains high.
I know this is a frustrating time for all of us shareholders, but we fully intend to do our very best to move the business forward as we resolve any and all issues. We look forward to updating you as soon as additional information becomes available.
We also intend to look into pursuing those who may have made slanderous, false or misleading statements in postings and/or to regulators.
Sincerely, Charles A. Cardona Chairman"
This press release is available on the company's official online Investor Relations HUB at http://www.agoracom.com/IR/AdZone for investor questions, answers and monitored commentary. Alternatively, investors are able to e-mail all questions and correspondence to ADZR@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.
For additional information on AdZone Research, please visit the company's Web site at http://www.adzoneresearch.com.
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.