SOURCE: Produce Safety & Security International, Inc.

September 15, 2008 10:37 ET

Produce Safety & Security International, Inc. Announces the Reversal of Shares and Authorized Shares

IRVING, TX--(Marketwire - September 15, 2008) - Produce Safety & Security International, Inc. (PINKSHEETS: PRSF) announced that the Board of Directors voted to reduce both the number of authorized shares and reduced the number of outstanding shares as well in order to stay within the new parameters.

Each stockholder will maintain their relative position within the Company as both will be reduced by the same factor.

This move was necessary in order to restructure the Company as a profitable entity.

About Produce Safety & Security International, Inc. (PRSF)

Produce Safety & Security International, Inc. has developed a food-safe process that includes extending the shelf life of perishables. This process will provide reduced shrinkage for retail produce, meat, and seafood departments, increases their bottom line profits and provides a fresher product for the consumer. This process may also be used on organics as it uses no chemicals, thus meeting the requirements of organic certification.

Additionally, our company provides a range of solutions for food processors, beverage processors, grocery stores, restaurants, cruise ship lines, disaster cleanups, and municipal programs. This food-safe process incorporates a complete audit trail which is an essential component for complying with government regulations in the USA, Canada, Mexico, Europe, Asia and Central and South America.

Produce Safety & Security International, Inc.'s ozone equipment and services have been shown to extend shelf life and remove food-borne illness pathogens. The ozone solutions provided or utilized by the company to sanitize and disinfect against food-borne illnesses, pathogens and disease-causing bacteria meet or exceed FDA and USDA regulations.

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow, market acceptance risks, technical development risks, seasonality and other risk factors.

Contact Information

  • Contact:
    Kathleen C. Cullen
    4573 N. O'Connor Rd., #1331
    Irving, TX 75062
    Phone: 972-717-7435
    Fax: 972-717-7459