CALGARY, Alberta, Aug. 3, 2012 (GLOBE NEWSWIRE) -- Alveron Energy Corp., (OTCBB:AECP), announced it received stockholders' approval, at the company's special meeting of stockholders on June 20th 2012, to change its corporate name to Safebrain Systems, Inc., ("Safebrain"). Safebrain's shares are now trading under its new name and stock ticker symbol, (OTCBB:SFBR), effective as of July 26th 2012.
Safebrain's President, Michael Scott, states, "We are extremely excited to have completed the name change to Safebrain Systems and are looking forward to commencing our marketing and sales efforts for our products having now completed our corporate structuring. Safebrain is well positioned to become a big part of contact sports and could very well be a household name in a relatively short period of time. It's all about protecting our athletes and helping better the sports in which concussions can occur."
Safebrain System's concussion recognition and analyzing technology is available for purchase in either individual units or team kits for any sport at http://coachdepot.com/code/CDSFB01.
About Safebrain Systems, Inc.
With so much national and international publicity focused on head trauma in sports these days, primarily concussions, SafeBrain is working to become a strong leader in concussion awareness technology. SafeBrain's product has been proven in team use and is backed by scientific evidence as a state of the art detection and preventative concussion exposure technology. SafeBrain is marketing to all football and hockey teams starting at the novice level through major junior and professional levels and will also be marketing to individuals and teams in other sports, such as skateboarding, skiing, biking, BMX freestyle, motocross, sport racing and lacrosse.
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements, which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, risks set forth in documents filed by the Company 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 these cautionary statements and any other cautionary statements which 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.