DBSJ:US
Blue Data Group Inc
Database Solutions, LTD. Announces Name Change and a 1000
Database Solutions, LTD. Announces Name Change and a 1000 Shares to 1 Share Reverse Stock Split
TORONTO -- (MARKET WIRE) -- 10/17/07 -- Database Solutions, LTD. (PINKSHEETS: DBSJ) announces today that it has changed the company name to Blue Data Group, Inc. and effective October 16, 2007 the total outstanding shares of the Company's stock will be reversed split 1000 shares to 1 share. Database Solutions, LTD. will be trading under a new stock symbol (PINKSHEETS: BDGU).
Database Solutions is actively pursuing several relationships that will give the Company a better chance to attract the kind of investments that will sustain the Company's current growth. Management feels these changes will increase shareholder value and is in the best interest of the company's shareholders. Additional details will be outlined in future releases.
About Blue Data Group, Inc.
Blue Data Group currently offers hosted business services and application solutions. The Company's main offering, Agent Intelligence, is a browser-based software and was designed specifically for the insurance industry to provide backend administration of insurance policies, client tracking and client marketing/selling strategies for an entire insurance brokerage or insurance company. The Company's family of products includes a comprehensive suite of CRM applications to help enterprises of all sizes, industries and geographies meet the complex challenge of sharing and managing information on-demand.
Safe Harbor
Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by Database Solutions, LTD. are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Database Solutions, LTD. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition.
For Investor Relations information, Contact: Harrison, Elliott, & Brown LLC Henry Harrison (407) 862-5151 hharrison@insidewallstreet.com www.insidewallstreet.com
Last Updated: October 17, 2007 08:00 EDT
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