NEW YORK, Sept. 16, 2008 (GLOBE NEWSWIRE) -- Zevotek, Inc. (OTCBB:ZVTK) is pleased to announce that OutcastTrader.com, a highly specialized provider of market intelligence and strategic advisory services for the capital markets, has re-initiated coverage on the company.
"Outcast Trader has proven to be an invaluable asset to our company over the past 10 months and has played an essential role in helping Zevotek Inc. gain increased exposure to the capital markets. Since renewing their coverage of our Company, Outcast has exceeded our expectations and we are looking forward to a long term mutually rewarding relationship," said CEO Adam Engel.
Cumulatively, the OutcastTrader.com team has amassed more than 30 years of experience across a wide variety of business areas including strategic market analysis and securities trading, corporate research, technology consulting, and direct mail/internet marketing. OutcastTrader.com is strongly devoted to the research and analysis of the often-overlooked intricacies and nuances of emerging small cap organizations. Through comprehensive research reports and frequent Internet research updates, OutcastTrader.com is able to provide the most thorough coverage of the small and micro-cap markets.
About the Company:
Zevotek, Inc. plans to market and sell independently a range of distinct and independent lines of home care and household products. In May 2007, the company entered into a license agreement to sell an energy saving compact fluorescent light bulb named the Ionic Bulb. The company plans to market the Ionic Bulb through TV infomercials, catalogs, magazines and major U.S. retail and specialty stores and the website www.zevo-tek.com and www.ionic-bulb.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this release with respect to the Zevotek, Inc.'s business, financial condition and results of operations, as well as matters of timing and the prospective terms of the transaction described are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond Diet Coffee, Inc.'s control with respect to market acceptance of their products, whether financing will be available, the plans for Zevotek, Inc. to market and sell home care and other household products as well as certain other risk factors which are and may be detailed from time to time in Zevotek, Inc.'s filings with the Securities and Exchange Commission.
This press release contains forward-looking statements. The words or phrases 'may,' 'intends,' 'expects,' 'estimate,' 'indicate,' 'plans,' 'anticipates,' 'could,' 'if,' 'will,' 'should' or similar expressions are intended to identify 'forward-looking statements.' Actual results could differ materially from those projected in forward-looking statements as a result of a number of risks and uncertainties. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Zevotek, Inc. cautions readers not to place undue reliance on such statements. Unless otherwise required by applicable law, Zevotek, Inc. does not undertake, and Zevotek, Inc. specifically disclaims any obligation to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
Further information on Zevotek, Inc. is available at http://www.outcasttrader.com