COSTA MESA, Calif., May 7, 2002 (PRIMEZONE) -- E. G. Marchi, of Resources Asset Management Corporation (OTCBB:RAMG) formerly VPN Communications Corporation (OTCBB:VPNN), today announced the opening of a new office at 18952 MacArthur Boulevard, Suite 300, Irvine, California 92612.
Mr. Marchi stated, "our new facilities will help us meet the growing needs of our organization. The space will be dedicated to corporate management, shareholder relations, S.E.C. compliance, and accounting functions.
Mr. Marchi continued, "we also have under construction a new Web site launched last week. Our Web site (http://ramcorporation.net/) will be constantly updated and keep our investors and others interested in our organization abreast of our progress and new business developments.
Resource Asset Management Corporation, through its Southwick Management operations, engages in acquiring equipment and facilities for natural resource development and related activities in Baja California, Mexico.
This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of company products and related technologies, competitive market conditions, the ability to secure additional sources of financing, the ability to maintain operating expenses at current levels, and other factors described in the Company's filings with the Securities and Exchange Commission. Consequently, the actual results the Company achieves may differ materially from those expressed or implied by any forward-looking statements due to such risks.