SOURCE: E-Rewards Network Inc.

August 16, 2013 19:00 ET

NIS Holdings Announces Corporate Name Change

BROOKLYN, NY--(Marketwired - Aug 16, 2013) - NIS Holdings Corp. (OTC Pink: ERNI) announced today that effective August 16th, 2013, the Company has changed its corporate name to E-Rewards Network, Inc. The Company's common stock has been assigned the following new CUSIP number: 26885R105, but its ticker symbol has remained the same. Outstanding stock certificates are not affected by the name change and do not need to be exchanged. In addition, there has been no change in management, location of the corporate offices and the Company's business model.

In tandem with the announcement, the Company has officially launched its website,, as part of a larger rebranding initiative to more clearly explain and represent its current business services.

"During the past several months this company has made great strides -- we've implemented a top-notch rewards program for restaurants in the NY Metropolitan area, Earn IQ, and we have conducted research for further expansion in the future" said Nikolaos Mangas, President and Treasurer of E-Rewards Network Inc. "As our company continues to evolve, we feel it is important that our image reflect the growth trajectory we are on. That's why we changed the Company's name. Becoming E-Rewards Network Inc. acknowledges us as a member of a greater recognized group of companies that operate in the loyalty/rewards industry and will in no way limit or constrict us from growing in any direction in the future. We believe a new era starts for our company and there is no limit to how successful this might be in the coming months and years."

About E-Rewards Network Inc.
E-Rewards Network Inc. -- formerly NIS Holdings Corp. -- is a public company with its common stock currently traded on the over-the-counter (OTC) markets, under the ticker symbol ERNI. It is registered in Carson City, Nevada and headquartered in the City of New York. The Company specializes in building and implementing key strategies for firms with high-potential and capabilities of achieving sustainable growth. E-Rewards Network Inc. provides professional support for its consolidated subsidiaries through operational business management, financing, and controlling activities. The Company targets the following business sectors: the customer loyalty management market, the gift card industry, the online food ordering industry and the marketing consulting industry.

About Earn IQ Inc.
Earn IQ Inc. is a B2B and B2C company offering a consumer loyalty platform coupled with marketing and advertising services for various industries. The company is currently running an innovative, first-of-its-kind rewards program in the US serving restaurants in the New York area with combined services of online food ordering and in-store dining rewards. In addition, it provides consumers with unique opportunities to interact and engage with flexible online and mobile products.

This document was produced by and the opinions expressed are those of E-Rewards Network Inc. as of the date of writing and are subject to change without obligation to update. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of E-Rewards Network Inc. to any person to buy or sell any security. Any reference to past performance is not a guide to future performance. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable, but E-Rewards Network Inc. does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof.

This release may contain forward-looking statements, including, without limitation, statements containing the words "believes", "anticipates", "expects", "intends", "plans", "seeks", "estimates", "may", "will", "could", "stands to" and "continues", as well as similar expressions. Such forward-looking statements may involve known and unknown risks, uncertainties and other factors which might cause the actual results, financial condition, performance or achievements of E-Rewards Network Inc., or industry results, to be materially different from any historic or future results, financial conditions, performance or achievements expressed or implied by such forward-looking statements. Given these uncertainties, the reader is advised not to place any undue reliance on such forward-looking statements. These forward-looking statements speak only as of the date of publication of this document. E-Rewards Network Inc. expressly disclaims any obligation to update any such forward-looking statements in this document to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based, unless required by law or regulation.

Contact Information

  • For further information in this release please contact
    Mrs. Vasiliki Anagnostou
    E-Rewards Network Inc.
    tel.: 212-6881007