BUFFALO, N.Y., May 14 NY-Centale-NexxNow
BUFFALO, N.Y., May 14 /PRNewswire-FirstCall/ -- NexxNow, Inc.
(OTC Bulletin Board: CTAL), a sports media and marketing company announced
today that the new NexxNow Board of Directors convened to discuss the future
prospects of the company and the best strategies to pursue its mission. Having
given their written consent to a resolution adopted by all members of the
Board of Directors of the Company it was unanimous to amend the articles of
incorporation so as to change the name of the Company to NexxNow, Inc. from
Centale, Inc. and to effect a reverse split of the Company's common stock in a
ratio of 1-for-4.
The Company anticipates that this Information Statement will be mailed on
or about May 16, 2008 to shareholders of record. On or after June 5, 2008, the
amendments of the articles of incorporation will be filed with the New York
Department of State and will become effective.
Daniel T. Robbie, Chairman of the Board stated, "The Board and I felt that
with the tremendous opportunity before us we should be positioning NexxNow for
a listing on NASDAQ or AMEX, we decided that this split would be in the best
interest of all shareholders involved."
About the Company (OTC Bulletin Board: CTAL)
NexxNow, Inc. is a diversified Sports Media and Marketing Company that
delivers robust multi-media ad platforms to National/International Advertisers
at below market prices. NexxNow China, Inc. (Subsidiary) is pursuing the
television broadcast of its professional basketball team (NexxNow Dragons) to
China.
Information on the company and a fact sheet can be found on
http://www.nexxnow.com.
Forward Looking Statement:
This release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All forward-looking statements
are inherently uncertain as they are based on current expectations and
assumptions concerning future events or future performance of the company.
Readers are cautioned not to place undue reliance on these forward-looking
statements, which are only predictions and speak only as of the date hereof.
In evaluating such statements, prospective investors should review carefully
various risks and uncertainties identified in this release. These risks and
uncertainties could cause the company's actual results to differ materially
from those indicated in the forward-looking statements.
CONTACT INFORMATION:
Market Vision Consulting, Inc.
Robert Gartzman
Phone (561) 447-7177
SOURCE NexxNow, Inc.; Centale, Inc.
