SOURCE: Stragenics, Inc.

May 08, 2014 09:30 ET

Stragenics Provides Shareholder Update

Company Participating in Florida Venture Forum in Orlando

MELBOURNE, FL--(Marketwired - May 8, 2014) -  Stragenics, Inc. (OTCQB: ASAB), a technology development and strategic investment company, announces that, following its recent name change, it is pleased to provide the following corporate update regarding its pending Annual Report on Form 10-K for the year ended December 31, 2013 and its new business development and strategic acquisition focus.

The Company has made substantial progress on its 2013 Annual Report and expects to file its 2013 Form 10-K and 1st Quarter 2014 10-Q in the coming days, and continue compliance with the Company's reporting requirements.

In pursuing its strategy of building shareholder value through both internal business development and acquisition of, or investment in, small public and private tech companies entering their commercialization stage, the Company will be participating in the Florida Venture Forum in Orlando, Florida on May 15, 2014. The Florida Venture Forum is Florida's premier organization focused on assisting entrepreneurs of emerging companies develop their businesses and raise capital.

The acquisition/investment focus will be on identifying strategically relevant, primarily leading edge, technology businesses that enhance and further the Company's business plan.

This press release may contain certain statements that are not descriptions of historical information, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934. These forward-looking statements refer to matters that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.

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