PT. HURON, Mich., Feb. 15, 2005 (PRIMEZONE) -- Management at AVL Global, Inc. (Pink Sheets:AVLL) is at a loss to understand the recent sharp drop in its share price. "We at AVL have concentrated on building the company. There have been no negative developments within the company to cause the share prices to drop so quickly. We have no control over the market and I am sure either speculators or market pros are the cause for our share price to drop. We are not the first company to be targeted by these people intent on hurting small companies," said Tyler Fisher CEO. "There are many positive developments within the company and we expect to make these announcements in a timely fashion. Some things are beyond our control but what we can say is that what we can control will be of great value to our shareholders."
Our patent filing in Taiwan is on schedule along with its preparation for filing here in N. America. Once it has been accepted, our marketing efforts will take off. The demand for energy and price savings is huge and we expect to have a solid solution that could revolutionize the consumer market. The timing is in the hands of certain government officials but will be announced immediately upon receipt.
Forward-Looking Statements
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from the expected results.