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JCDS NEWS!!!!

Feb 13, 2008 07:45 ET
JC Data Solutions Receives Confirmation From Transfer Agent in Reduction of Outstanding Shares and Has Filed With the Delaware Secretary of State to Reduce Authorized Shares by 38%
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http://www.jcdata.com
IRVING, TX--(Marketwire - February 13, 2008) - JC Data Solutions, Inc. (PINKSHEETS: JCDS) today announced confirmation of reduction of the Outstanding Shares to 370,000,000 common shares and has filed with the Delaware Secretary of State that the company's lawful and documented Authorized Shares be reduced by 38% to 500,000,000 common shares per the company's board resolution adopted earlier this month.

The company believes the reduction in its Authorized Shares will further enhance shareholder value, and eliminate any market concerns about potential mass dilution of the company's stock. The 38% reduction of the Authorized Shares of the company in no way reduces the shares held by current shareholders.

"We are pleased to have formally initiated the 38% reduction of our Authorized Shares," stated Cary Allen, Chairman and Chief Executive Officer of JC Data Solutions. "We realize that previous share structure was causing some undue concern and speculation among some shareholders and in the public markets. This action should clearly alleviate those concerns."

About JC Data Solutions (www.jcdata.com)

JC Data Solutions is an ACH service provider and a manufacturer of data management systems and services. JCDS solutions are targeted to Healthcare, Attorneys and the Oil and Gas industries.