SOURCE: Enterprise Informatics Inc.

May 09, 2008 08:30 ET

Enterprise Informatics to Trade on a Post-Reverse Split Basis Under a New Ticker Symbol

SAN DIEGO, CA--(Marketwire - May 9, 2008) - Enterprise Informatics Inc. (OTCBB: EPRS), a leading provider of enterprise information management solutions, today announced that, in connection with the previously announced 1,000-to-1 reverse stock split effected by the Company on May 7, 2008, the Company's common stock has been assigned the new ticker symbol EINF. (PINKSHEETS: EINF) Quotation under the new symbol and quotation on a post-split basis are expected to commence concurrently on the Pink Sheets upon the open of trading on May 9, 2009. Quotation under the prior ticker symbol for the Company's common stock, EPRS, has ceased. The Company's common stock is no longer eligible for quotation on the OTC Bulletin Board due to the suspension of the Company's reporting obligations as of May 8, 2008, and the OTC Bulletin Board has advised the Company that such quotation will terminate as of May 9, 2008.

About Enterprise Informatics

Enterprise Informatics is a leading provider of enterprise information management solutions that enable organizations to reduce the cost of meeting compliance requirements, minimize business risk and optimize process efficiency. Enterprise Informatics' advanced software product, eB, ensures the integrity of the controlled information by uniquely managing the connectivity to all relevant information such as documents, records, assets, people, processes and projects -- creating an ecosystem for the rapid access of accurate information in context. eB vastly improves the integrity, visibility and access to all relevant information at the time it is needed.

Key customers include Entergy, NuStart Energy, Constellation Energy, Florida Power & Light, Continental Express, Ameren UE, City of Dayton, Lloyds Register of Shipping, Northeast Utilities, Network Rail, Aker Kvaerner, City of Las Vegas, City of Winston Salem, Fayetteville Public Works Commission and many others. www.enterpriseinformatics.com

This press release contains forward-looking statements. These statements can be identified by the words, "expects," "projects," "hopes," "believes," "could," and other similar words. Actual results, events or performance could differ materially from these forward-looking statements based on a variety of factors, many of which are beyond the Company's control. Therefore, readers are cautioned not to put undue reliance on these statements. Investors are cautioned that all such statements involve risks and uncertainties, which may include risks related to the occurrence of any event, change or other circumstance that could cause the commencement of quotation under the new ticker symbol or on a post-split basis or the termination of quotation on the OTC Bulletin Board to be delayed or to not occur, or that could cause the Company's common stock to cease to be eligible for quotation on the Pink Sheets. Forward-looking statements contained in this press release should be considered in light of these factors, and those factors discussed from time to time in the Company's public reports filed with the Securities and Exchange Commission, such as those discussed under the heading, "Risk Factors," in the Company's most recent annual report on Form 10-K. These forward-looking statements speak only as of the date hereof.

Contact Information

  • COMPANY CONTACTS:

    Alan Kiraly
    CEO

    John Low
    CFO

    (858) 625-3000