SOURCE: Evans Systems, Inc.

July 09, 2007 09:03 ET

Evans Systems' Directors and Management to Begin Purchase of up to 5 Million Shares

ASHEVILLE, NC--(Marketwire - July 9, 2007) - Following recent announcements and its intention to re-list on the OTC Bulletin Board, the Evans Systems (PINKSHEETS: EVSY) management and directors believe that the company's stock is currently undervalued. With the recent development of the Child Watch Network, in conjunction with pending acquisitions to be announced in the near future, the company is poised for expediential growth. The shares will be purchased through the open market.

Frank Moody, CEO of Evans Systems, stated, "We expect our company to gain momentum as Evans Systems continues to execute its business plan by developing the Child Watch Network and furthering its International sales associated with the Boondoggle Sports Network."

About Evans Systems, Inc.:

Evans Systems, Inc. is an emerging out of home new media advertising company operating the Child Watch Network. CWN delivers time sensitive missing children information while providing a dynamic digital signage network for advertisers to reach on-the-go consumers with a targeted effective medium.

Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such proclamations about the Company's future expectations, including future revenues and earnings, technology effectiveness and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

Contact Information

    Evans Systems, Inc.