SOURCE: Matmown, Inc.

Matmown, Inc.

June 25, 2013 18:18 ET

Matmown, Inc. Progress Update

LAS VEGAS, NV--(Marketwired - June 25, 2013) -   Matmown, Inc. ("Matmown") (PINKSHEETS: MTMW) (www.Matmown.com)

Matmown, Inc. ("Matmown"), an energy E&P company with producing oil and gas assets in Texas and gold mineral assets in Peru announces its engagement of legal, corporate governance and PCAOB accounting experts to assist Matmown in becoming a fully reporting entity pursuant to the Securities Exchange Act of 1934 and compliant with Sarbanes-Oxley status.

Mr. Alex Portelli, Chairman of the Board of Matmown is quoted as saying, "In order to meet our objective of reaching fully reporting and Sarbanes-Oxley compliant for our shareholders, the Board of Directors feels the best course of action at this moment is to concentrate our efforts on engaging specialists to achieve that objective. We feel this course of action will be of great benefit to Matmown, and will ultimately add significant value for Matmown shareholders."

In addition, Matmown announced that Mr. William Sawyer is no longer with Matmown as its President and CEO and the Company is pleased to announce the reappointment of Mr. Michael Boyko to the office of the President and CEO. Mr. Boyko is quoted as saying "It is important that Matmown grow properly and in order to do that, the focus needs to be on the maintenance and development of our assets, while putting a concentrated focus on the objective of achieving the status of a fully reporting entity which complies with Sarbanes-Oxley. We believe that the controls and procedures currently being implemented by Matmown are important for this growth and this company's future development."

About Matmown

Matmown is natural resource company focusing on exploration, production and acquisition of various assets through their wholly owned subsidiaries. Matmown, Inc. currently controls mineral assets in South America and central Texas.

For additional news and information on Matmown, contact us at 702.998.9853 or visit

www.matmown.com.

Forward-looking Statements

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. As with any projection or forecast, these forward-looking statements and forecasts are inherently susceptible to uncertainty and changes in circumstances, and Matmown is under no obligation, and expressly disclaims any obligation, to update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Actual results may differ materially from the expectations contained herein due to changes in economic, business, competitive, technological, strategic and/or regulatory factors and other factors affecting the operation of the businesses of Matmown.

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Contact Information

  • Contact:
    Matmown, Inc.
    Ph: 702-998-9853