2008-10-15 19:25:02 -
- Zcom Networks, Inc. (Pink Sheets: ZCMN) today announces that the company has established a new wholly owned subsidiary, Allied Mineral Rights, Inc. which is in negotiation to acquire the gold mining rights and other mineral rights known as CLS #12 in Ridgecrest, California which includes a 160 acre placer mining claim. The mineral rights include the right to develop, mine, process, refine, and sell minerals and elements found on the claim including gold, silver, platinum, tungsten, and copper.
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.
Zcom Networks, Inc.
Dr. Alex Parsinia, CEO
800-429-8182
310-754-5599
310-919-3105 F
aparsinia@zcomnetworks.net
www.zcomnetworks.net