SOURCE: Tailor Aquaponics Worldwide Inc

October 30, 2006 15:09 ET

Tailor AquaPonics to Request Mandatory Share Exchange

LAS VEGAS, NV -- (MARKET WIRE) -- October 30, 2006 -- Tailor AquaPonics Worldwide (PINKSHEETS: TQWW) plans to request a mandatory share exchange. This share exchange will get Tailor AquaPonics a new Cusip number for their currently trading shares with no effect on the symbol. Instructions have been sent to the transfer agent, and according to all authorities this exchange should take place within the next 10 business days.

According to president Ron Almadova, "We believe there are shares that have been traded that are unaccounted for when compared to the certified shareholder list. This planned share exchange will eliminate any shares that do not match the shareholder list when the company began trading a few weeks ago."

For more information keep posted on the corporate website at www.tailoraquaponicsinc.com or contact the company directly at 702-493-7972.

About Tailor AquaPonics Worldwide:

Tailor AquaPonics Worldwide, Inc. owns a controlling interest in the international growth and development rights to Tailor Made Fish Farms, a company that has developed a technology-driven, easy to operate, land-based modular fish production system. This cutting-edge system is both sustainable and environmentally responsible in keeping with the spirit of maintaining an environmentally safe and friendly solution while producing high volumes of superior and healthier farmed fish. This allows an overwhelming production of 'year-round' premium quality fish and vegetables, achieved through compact and controlled production areas using much less water than conventional methods. Our technique conserves water, is environmentally responsible, fresh health products and provides two crops from a single water uptake.

Safe Harbor Statement:

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

Contact Information

  • Contact:
    Investor Relations
    InvestSource Inc.
    866-427-2196

    Ron Almadova
    President
    702-493-7972