SOURCE: EZ2companies, Inc.

November 13, 2006 09:00 ET, Inc. Announces Completion of Merger With Lynx Petroleum

MIAMI, FL -- (MARKET WIRE) -- November 13, 2006 --, Inc. (PINKSHEETS: EZTO) (the "Company") announced today that it has completed the previously amended merger with Lynx Petroleum, S.A. The Company achieved the merger without dilution to shareholders as former CEO Otto Bethlen has surrendered a major part of his holdings to consummate the transaction.

The Company's CEO, Jeff Berkowitz, commented, "We are glad to be able to announce the completion of this merger and that we were able to do it without any dilution. The Company anticipates a change of its Board of Directors and Executive Officers by December 2006."

The Company will apply to change name and CUSIP number within the following weeks.

Lynx Petroleum's CEO, Francisco Acosta Coloma, commented, "This is a great day for our company. We look forward to transform the new entity to a successful company operating in the petroleum and other energy sectors in South America."

About Lynx Petroleum:

Lynx Petroleum is a service provider in the petroleum and energy sector in Ecuador and other South American countries. The company is headed by the country's former Energy and Mining minister, Mr. Francisco Acosta Coloma, who brings with him a group of highly professional individuals from the same sector.

Forward-Looking Statements

Certain statements in this release, and other written or oral statements made by the Company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward looking statements include, without limitation: competitive and general economic conditions, adverse effects of litigation, the timely development and acceptance of services, significant changes in the competitive environment, the failure to generate or the loss of significant numbers of customers, the loss of senior management, increased government regulation or the company's failure to integrate its acquired companies to achieve the synergies and efficiencies described in the "Management's Discussion and Analysis" section of the Company's Form 10-KSB and other reports and filings with the Securities and Exchange Commission, which may be revised or supplemented in subsequent reports on SEC Forms 10-QSB and 8-K.

Contact Information

  • Contact:
    Jeff Berkowitz
    EZ2companies, Inc.