FORT LAUDERDALE, FL -- (MARKET WIRE) -- 04/11/08 -- United Consortium, Ltd. (PINKSHEETS: UCSO), a strategic acquirer and international distributor of well knownbranded consumer goods, today announced more details on its newly revampedcorporate strategy and expanded business operations. In addition, theCompany announced a 1 for 1,600 reverse stock split of its outstandingcommon shares as part of a necessary capital restructuring. Our commonstock will trade on a post-split basis at market open on Friday, April 11,2008. Effective close of business on April 10, 2008 every 1,600 shares ofcommon stock outstanding immediately prior thereto will be equal to oneshare of common stock. All fractional shares which would otherwise berequired to be issued as a result of the stock split will be rounded up tothe nearest whole share.As of result of the reverse split, our stock symbol will change, the newstock symbol effective April 11, 2008 will be UCSO.
"The recent announcements regarding my taking over as the new CEO andPresident, our name change, and recent capital restructuring signals a newera for the company," said Gonzalo Lage, CEO and President of UnitedConsortium. "We intend to continue recruiting senior management, partners,product licensors, and acquisition targets that can add immediate impact toour operation. We have a plan, we have products and business at hand, andwe intend to keep our stakeholders informed during this transition period."
The ultimate goal of United Consortium is to acquire and develop brandsalready well known to retailers and consumers. The company strives topreserve competitiveness and independence of individual brands, identity,product development, sales, and marketing. The operation is focused ondelivering efficient quality control systems to provide easy, trouble-freesales for retailers and to retain brand allegiance of consumers.
To contact United Consortium regarding product licensing, brand acquisitionor distribution opportunities for your products, please call 954-642-8806or email us at info@unitedconsortium.net.
ABOUT UNITED CONSORTIUM, LTD.
United Consortium, Ltd. ("UC") is a strategic acquirer and distributor ofwell known brands to retailers and consumers alike. United Consortium'sheadquarters are located in Florida, which allows the company timely accessfor product introductions as well as quick time management of its resellersin the Caribbean, Central and South America.
Legal Notice Regarding Statements Including Those That Are Forward Looking
The statements in this press release regarding real or implied expectationswith regard to the future impact on the company's results from acquisitionsor developed properties are forward-looking statements and are within themeaning of the Private Securities Litigation Reform Act of 1995. Thestatements in the above document may also contain "forward-lookingstatements" within the meaning of Section 27A of the Securities Act of 1933and Section 21E of the Securities Exchange Act of 1934. Although everyeffort has been made not to include statements that involve risk anduncertainties that may be the case and such statements are subject tochange at any time. There are no anticipated results detailed in the abovestatements, however, actual results may differ materially from expected orimplied results.
For more information, contact:
United Consortium Ltd.
Press and Investor Relations
Tel. 954-642-8806
Fax 954-337-8008
Email Contact
www.unitedconsortium.net
