EVDR - Evader, Inc. (EVDR) Acquires Avtar Singh Construction
Evader Corp (USOTC:EVDR)
Today : Tuesday 22 February 2011
Evader, Inc. (EVDR) (PINK SHEETS: EVDR) management is pleased to announce that the company has acquired Avtar Singh Construction (ASCC).
The Avtar Singh Construction Co. (P) Ltd. is one of the major developers in the City of Chandigarh, India, with strong ties to the local community and municipal governments. The company has achieved solid growth since its incorporation in 1987, and shows annual turnover of about $3.5 million U.S. ASCC is professionally managed and involved in executing large civil engineering projects, with an emphasis on roads, bridges, earthwork and highways, and promoter-colonizer of housing complexes, all demanding a high degree of skill and expertise.
Following this announcement, Avtar Singh Valia has become the CEO of EVDR. Mr. Valia has extensive experience in the construction industry in India and his experience will greatly benefit Evader Inc.'s development in the Indian construction market.
EVDR looks forward to updating its followers as the company begins to shape its new future and will provide business updates on this new exciting venture.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Evader, Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. Evader, Inc. cautions you that any forward-looking information provided by or on behalf of Evader, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Evader, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Evader, Inc.'s control. In addition to those discussed in Evader, Inc.'s press releases, public filings, and statements by Evader, Inc.'s management, including, but not limited to, Evader, Inc.'s estimate of the sufficiency of its existing capital resources, Evader, Inc.'s ability to raise additional capital to fund future operations, Evader, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Evader, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Evader, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Contacts:
Investor Relations
1-647-426-1640
