VANCOUVER, British Columbia, May 4, 2006 (PRIMEZONE) -- MangaPets, Inc. (OTCBB:MPTS) (the "Company") is pleased to announce the appointment of Moore, Clayton & Co. as the Company's Investment Bankers to assist it, and its U.K.-based subsidiary, with the acquisition and financing of internet casino, sportbook and on-line poker properties. MCC Financial Services will be responsible for the Company's investor relations.
Tony Moore, the CEO and Co-Chairman, commented, "We at Moore, Clayton are very pleased to have been given the opportunity by MangaPets to work with them on the financing and realization of their strategy for acquiring internet gaming properties. This is a very exciting sector, which has tremendous growth potential, and we believe the team that MangaPets has assembled has both the knowledge and experience to execute this well-thought-out strategy. We look forward to working closely with MangaPets to achieve its goal."
Moore, Clayton & Co. ("MCC"), a full-service international private equity investment and advisory firm with offices in London, Los Angeles and New York, was established by Tony Moore and Sharon Clayton to combine their skills to fill a major gap in the market between strategic consulting, operations expertise, corporate finance and investment banking. Tony Moore contributes his experience as a global investment banker and entrepreneur, and Sharon Clayton contributes her international experience in strategy, operating and business development. MCC has specialized in delivering integrated solutions by creating a strong, balanced and highly diversified portfolio of clients and investee companies. MCC has its own regulated entities -- MCC UK, regulated by the Financial Services Authority and MCC Securities the New York-based broker dealer.
Forward-Looking Statements: A number of statements contained in this press release are forward-looking statements that 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 timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. When used in this press release, words such as "could," "plan," "estimate," "expect," "intend," "may," "potential," "should," and similar expressions are forward-looking statements. Although MangaPets believes that the expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. MangaPets encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-KSB, Form 10-QSB and Form 8-K. MangaPet's public filings may be viewed at www.sec.gov.