SOURCE: Zcom Networks, Inc.

November 18, 2008 09:00 ET

Zcom Networks Corporate Anti-Dilutive Measures

LOS ANGELES, CA--(Marketwire - November 18, 2008) - Zcom Networks, Inc. (PINKSHEETS: ZCMN) announced that management's plan to reduce the company's total common stock issued and outstanding will do so by more than twenty five percent. Additionally, management stated that it will convene a special meeting of the Board of Directors to discuss the proposal of further anti-dilutive measures to enhance overall shareholder value and effect a rise in the company's price per share of its common stock which management currently believes to be significantly undervalued relative to the company's current assets and overall plan for growth.

Last week, the company announced that it had cancelled five hundred million shares as part of management's proactive strategy to provide support for the company's common stock. The action reduced the company's issued and outstanding common shares by 500,000,000 shares. Management reiterated its commitment to shareholder value: "We will explore a multitude of direct actions to effect a rise in the price per share while protecting and enhancing current shareholder value," said CEO Alex Parsinia.

For more information, visit www.zcomnetworks.net

About Zcom Networks, Inc.: Zcom is a multi-industry holding company with diversified interests including, among others, wholly owned subsidiaries, Allied Mineral Group, Inc., a mining development, exploration and extraction company with the 160 acre gold, silver, tungsten, platinum and copper placer mining claim CLS#12 in Ridgecrest, California; Pam TV International, Inc., a talk and music program provider offering a wide range of content through an interactive multi-media broadcast platform utilizing the internet, traditional radio and satellite radio; and Super Bazar International, Inc., a shopping network company marketing and promoting multiple products on TV, radio and internet including Super Fuel and TV Box.

This release include forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risk and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, the ability to attract and retain skilled personnel. The company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact Information