Innovative Software Technologies Rebrands Green Energy Division


Lutz, FL, March 6, 2012 (GLOBE NEWSWIRE) -- Innovative Software Technologies, Inc. (INIV.PK) is pleased to announce that it has rebranded its new green energy division, IST Global Green Energy Solutions, Inc., to Znergy, Inc. (www.Znergy.co). Its mission is to capture revenue and market share by leveraging the global awareness of Green initiatives, as well as capitalize on the estimated $1 trillion global energy infrastructure upgrades occurring worldwide.

Znergy, a wholly owned subsidiary of Innovative Software Technologies, Inc., is primarily focused on the energy efficiency sector in the health care market. This green energy division strives to participate in the global movement for a sustainable planet by offering products and services that will optimize energy use, reduce harmful environmental emissions and substantially reduce energy costs to customers.

"There is an increasing demand for environmentally preferable practices in the health care sector and Znergy, together with its strategic alliances and partnerships, will encompass a comprehensive offering of technologies and solutions to meet this demand. This is an exciting time for our company as we are committed and poised to take advantage of this global energy opportunity," states Amjad Tareen, Innovative’s President.

About Innovative Software Technologies

Innovative Software Technologies (INIV.PK) is a holding company with a strategic focus on healthcare informatics and services. This high growth market sector currently offers a wide range of attractive opportunities and the Company is focused on potential business acquisitions and strategic partnering in the healthcare and services industry.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical facts included in this press release are forward-looking statements. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties and other factors, which could impact the Company and the forward-looking statements contained herein are included in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.



            

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