Friday, April 01, 2011 12:54:27 PM
March 30: Evader, Inc. (EVDR; www.evadercorp.com) new CEO S. Avtar Singh Walia provided EVDR shareholders with an update and forward looking statement.
Mr. Walia said: "The Indian economy has shown remarkable improvement in the year 2010-11 and the same is likely to continue in the foreseeable future. Our performance has improved mainly on account of major road projects. The company has achieved a major breakthrough by securing a 200-foot wide, eight-lane airport road project. It has also secured two major projects for the National Highways Authority of India. For the global economy, the year 2010-11 was good compared to 2009-10. With the increasing emphasis being placed on infrastructure development in the Indian government's yearly budget, we aspire to secure several prestigious projects. We're also studying overseas markets and keenly watching developments with a view to making an entry into the world markets at an appropriate time."
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