Patriarch Inc.
OTC Bulletin Board : PRRH

January 13, 2006 16:18 ET

Patriarch Enters Into Negotiations with Texas Telecommunications Company

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 13, 2006) - Patriarch Inc. ("the Company") (OTCBB:PRRH) has entered into negotiations with a telecommunications corporation based in Texas.

The discussions include a business combination that provides for the issuance of shares for the acquisition and financing of the private company. Patriarch is completing its due diligence.

No formal agreements or arrangements have been signed. News will be provided if a formal agreement or a letter of intent is finalized.

On behalf of the Board of Directors

PATRIARCH INC.

Strato Malamas, President

The Private Securities Litigation Reform Act of 1955 provides a "Safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involved risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.

Contact Information

  • Patriarch Inc.
    Strato Malamas
    President
    (604) 961-8878
    (604) 987-7653 (FAX)