AZCAR Technologies Incorporated

AZCAR Technologies Incorporated

March 23, 2011 10:15 ET

AZCAR Ceases Business After Directors' Resignations

MARKHAM, ONTARIO--(Marketwire - March 23, 2011) - Mr. Patrick W. Carothers, U.S. counsel to AZCAR Technologies (TSX VENTURE:AZZ) advised that AZCAR had ceased business and would be operated under the control of a Chief Liquidation Officer.

As of the date of this release, the Corporation has 15,566,350 common shares outstanding.

Except for historical information, this news release may contain certain "forward looking statements". Forward looking statements are statements that are not historical facts and are subject to a variety of risks and uncertainties and other factors that may cause the actual results, level of activity and performance to be materially different from the Corporation expectations and projections.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Mr. Patrick W. Carothers