Evader, Inc.

Evader, Inc.

July 06, 2012 11:25 ET

Evader, Inc. (EVDR) Finalizes New Licensing Agreement

NEW YORK, NEW YORK--(Marketwire - July 6, 2012) - Evader, Inc. (PINKSHEETS:EVDR) http://www.evadercorp.com through its operating subsidiary is pleased to announce that it's entered into a license agreement for using patent: method and systems for facial recognition applications including avatar support. The company does not have permission from the end user/licensee to release their name and details; however EVDR management is of the opinion that this is a significant event for the company that requires its follower's attention.

This license agreement will allow Evader robotic unit to use facial recognition with pre-defined profile to provide target advertisement in health care and hospitals. The database of profiles with faces is centralized, so whatever Evader robot or integrated software sees an enrolled face in Central Data Center database, based on the profile the robot can greet or assist using its "avatar" interface. This will open additional revenue stream to Evader robotics and other electronic units and can lead to "pay per call", "pay per lead", "pay per action" advertisement capabilities.

More details will follow on a timely basis ahead and following the upcoming merger of Visisys Inc.

Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of Evader, Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. Evader, Inc. cautions you that any forward-looking information provided by or on behalf of Evader, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Evader, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Evader, Inc.'s control. In addition to those discussed in Evader, Inc.'s press releases, public filings, and statements by Evader, Inc.'s management, including, but not limited to, Evader, Inc.'s estimate of the sufficiency of its existing capital resources, Evader, Inc.'s ability to raise additional capital to fund future operations, Evader, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Evader, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Evader, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence.

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