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SearchGuy.com Retires 50.0 Million Shares of Company Owned Stock Decreasing Outstanding Shares
Monday September 20, 9:20 am ET


MOUNTAIN VIEW, Calif., Sept. 20 /PRNewswire-FirstCall/ -- SearchGuy.com Inc., (OTC: SHGY.PK - News) a creative provider of multi category search and advertising services is proud to announce that it has successfully cancelled fifty million shares of previously company owned stock.
The updated share structure is as follows:
Shares Outstanding: 50,000,000
Public Float: 14,000,000 (approximately)


Leonard Ratchinsky, CEO of SearchGuy.com stated, "In order to further increase shareholder value, we have decided to take this significant step and permanently cancel fifty million shares of the company's stock. We strongly feel that the lower outstanding shares will not only serve to reward our current shareholders, but also let the greater investment community know that we believe in the future of SearchGuy.com, Inc. "

About SearchGuy.com, Inc.

SearchGuy.com is a creative provider of multi category search and advertising services. Founded in 2001 by Leonard Ratchinsky, the goal of SearchGuy.com is to provide a suite of all encompassing search solutions to the end user, at absolutely no cost. And a state-of-the-art advertising system that will both simplify and reduce costs for advertisers. SearchGuy.com is headquartered in the heart of Silicon Valley with plans of expanding worldwide soon. For more information, visit: http://www.searchguy.com .

This press release contains "forward-looking" statements as that term is defined by Section 27A of the Securities Act of 1933, as amended, (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended, (the "Exchange Act"). All statements that are included in this press release other than statements of historical fact are "forward-looking" statements. Although management believes that the expectations reflecting in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward-looking statements contained in this press release.