SOURCE: EZ2companies, Inc.

September 21, 2006 10:52 ET

EZ2Companies, Inc. to Further Reduce Outstanding Shares

MIAMI, FL -- (MARKET WIRE) -- September 21, 2006 -- EZ2Companies, Inc. (PINKSHEETS: EZTO) (the "Company") announced today it plans to further reduce the company's total outstanding shares. The company recently canceled 60 million common shares and it plans to cancel a substantial number of shares in connection with its planned reorganization prior to the completion of its proposed merger with Lynx Petroleum.

"The future of our company is on the right track," commented EZ2Companies' CEO, Jeff Berkowitz. "I want to assure our shareholders that the Company currently has no plans to conduct a reverse split before or after the upcoming merger, and we are confident that we can merge with Lynx without dilution to our shareholders," continued Berkowitz.

About EZ2Companies, Inc.

EZ2Companies, Inc. is a provider of Internet based services to its clients, ranging from dating and relationship services, rental services, internet search and national mortgage services. The Company operates several Internet portals including EZ2Auction.com, EZ2Rent.com, EZ2Ask.com, EZ2Date.com, EZ2Swing.com, EZ2Mortgage.com and EZ2Vacation.com. The offerings are focused on building traffic and allowing targeted permission based, opt-in email solicitation to users to co-brand products.

Forward-Looking Statements

Certain statements in this release, and other written or oral statements made by the Company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "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. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: competitive and general economic conditions, adverse effects of litigation, the timely development and acceptance of services, significant changes in the competitive environment, the failure to generate or the loss of significant numbers of customers, the loss of senior management, increased government regulation or the company's failure to integrate its acquired companies to achieve the synergies and efficiencies described in the "Management's Discussion and Analysis" section of the Company's Form 10-KSB and other reports and filings with the Securities and Exchange Commission, which may be revised or supplemented in subsequent reports on SEC Forms 10-QSB and 8-K.

Contact Information

  • Contact:
    Jeff Berkowitz
    EZ2Companies, Inc.
    561-348-0524