SOURCE: Hi Score Corporation

February 28, 2011 07:30 ET

Hi Score Corporation Restructures Its Common Stock

MIAMI, FL--(Marketwire - February 28, 2011) - Hi Score Corporation (PINKSHEETS: HSCO) announced today that effective at market open today, Hi Score Corporation moves forward with a 1-for-125 reverse stock split in which every 125 shares of the company's outstanding common stock converts to one share of common stock. The price of each common share in this case increases by the same ratio so that a stockholder will own fewer but higher priced shares, keeping the total investment the same upon effect. The reverse stock split will not have any impact on the voting and other rights of stockholders.

Hi Score's CEO, Michael Zoyes confirms that the split "will have no impact on the company's business operations. We believe that the stock structure is better aligned with our company's overall value. We feel confident that the move will help mitigate lasting market effects related to shorting situations earlier this year and last year...we know that it has been a bumpy ride...but we are hopeful for the future. Dominick Falso, our new COO and the CEO of our new holding, DMD Lighting and Energy Controls Systems, is bringing significant sales opportunities...literally every day."

About Hi Score

Hi Score Corporation is a supplier of eco-friendly lighting products in the Western Hemisphere. It offers its customers the fiscal and ecological practicality of utilizing safe, efficient, solid state green lighting rather than conventional fluorescent and incandescent bulbs. The Company offers the widest selection of high quality, long lasting LED lighting products that that can replace existing incandescent, fluorescent and halogen bulbs as well as compact fluorescent lights. Additionally the Company offers Compact Fluorescent and Halogen Lighting under its EcoGreenBulb and REPCO Labels, respectively. The Company sells its products directly to distributors, consumers, businesses as well as to municipalities.

Safe Harbor Statement: This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's contract manufacturers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.

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