Invision Capital, Inc.
OTC Bulletin Board : IVCA

August 07, 2006 13:33 ET

Invision Capital, Inc.: EDI Exploration Drilling International GmbH Appoints New Member to Management Team

BLAINE, WASHINGTON--(CCNMatthews - Aug. 7, 2006) - Invision Capital, Inc. (OTCBB:IVCA) (WKN:A0JKCN, ISIN: US46184W2098) (the "Company") announced today that its wholly owned subsidiary, EDI Exploration Drilling International GmbH ("EDI"), based in Haltern am See, Germany, has expanded its management team and appointed a third managing director in the person of Peter Stakne.

Peter Stakne, 47, is a resident of Austria, and has held a number of management positions in the tunneling divisions of civil engineering companies. At EDI, Mr. Stakne will be responsible for structuring and managing the operations side of EDI's business, including the implementation of drilling contracts.

The other members of EDI's management team are Guether Thiemann, 48, and Rainer Rotthaeuser, 48. Mr. Thiemann also acts as the Company's Chief Financial Officer and is responsible for handling the financial and administrative activities of the Company and EDI. Mr. Rotthaeuser acts as the Company's Chief Executive Officer and is responsible for the overall strategic direction of the Company as well for sales and business development.

EDI Exploration Drilling International GmbH is the wholly owned subsidiary of Invision Capital, Inc. EDI specializes in innovative water well drilling, construction and maintenance systems. The systems offered by EDI provide considerable cost and quality advantages over traditional drilling, construction and maintenance systems. EDI's systems can also be used in the drilling and construction of oil and gas wells.

The Company's shares are traded on over-the-counter market in the United States (OTCBB:IVCA) as well as on the stock market in Frankfurt (WKN:A0JKCN, ISIN: US46184W2098).

This Press Release may contain, in addition, to historical information, forward-looking statements. These statements may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. In particular, the Company is a development stage company, and has not earned any revenues to date. There are no assurances that the Company will be able to earn any future revenues or generate any future sales of its products or services.

Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release.

INVISION CAPITAL, INC.

Guenter Thiemann, Chief Financial Officer and Treasurer


Contact Information

  • Invision Capital, Inc.
    Guenter Thiemann
    Chief Financial Officer and Treasurer
    (360) 305-5696