SOURCE: EZ2companies, Inc.

November 29, 2006 09:30 ET, Inc. Announces New Management Team

MIAMI, FL -- (MARKET WIRE) -- November 29, 2006 --, Inc. (PINKSHEETS: EZTO) (the "Company") announced today that it has appointed Francisco Acosta Coloma as its Chairman of the Board of Directors and that Jeff Berkowitz has resigned as Chief Executive Officer and Director of the Company.

Mr. Coloma currently serves as the CEO of Lynx Petroleum, S.A., a wholly owned subsidiary of the Company.

Mr. Coloma commented, "With the change in the Company's operations toward petroleum-based activities, I am excited in leading it in this new phase." Mr. Coloma has over 20 years experience in operating petroleum companies.

Also, Jeff Berkowitz resigned today as the Company's CEO and Director and will remain an independent advisor to the company.

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

  • Jeff Berkowitz
    EZ2companies, Inc.