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Wednesday, 04/06/2011 12:55:52 PM

Wednesday, April 06, 2011 12:55:52 PM

Post# of 54224
CHANDIGARH, INDIA--(Marketwire - 04/06/11) - Evader, Inc. (EVDR) (PINK SHEETS:EVDR - News) (http://www.evadercorp.com) Further to the company news of Tuesday February 22, 2011 where amongst other things Evader, Inc. management announced the new subsidiary ASCC. The merger and acquisition is now fully completed and encompasses 100% of ASCC. EVDR management is of the opinion that ASCC is a perfect fit within their growing company.

EVDR recently announced (April 5, 2011) that it has submitted a tender for an irrigation project in the state of Bihar estimated to be worth $30 million. Other past projects of ASCC include building a section of India's "Golden Quadrilateral Highway."

Mr. Walia, Managing Director of ASCC and current President of EVDR stated, "ASCC management saw great potential in the marriage of ASCC and EVDR. The size and revenues ASCC as a company has to offer to EVDR and its shareholders is a game changer for all concerned. We intend to organically and successfully grow our customer base and expand on the growing Indian construction market.

In other company news, EVDR has commenced filing its financials with OTC Markets. To date, Year End Financials 2010 have been posted. Note that these financials only represent activities of EVDR and are not consolidated statements of both EVDR and its subsidiary ASCC business activities. Under the guidelines, the consolidated statements will be filed commencing from the date of the merger. The company is in process of filing last two years quarterly statements and year end statements to aid and comply with OTC Markets rules in an effort to raise EVDR ranking icon from "Stop" to "Yield." Full adequate disclosure documents are currently being drafted, and will be filed with OTC Markets including a legal opinion. The company is advised that the process should be completed within the next 45-60 days and may result in the company obtaining a "Current Information" tier status with OTC Markets.

EVDR is currently in the process of being OTC Verified www.otcverify.com with the full report scheduled to be publicly released by the end of April 2011.

The company intends to release more details will shortly and on a more frequent basis.

About ASCC

ASCC is one of the major developers of India, with strong ties to Provincial and Central Government of India (NHAI- National Highway Authority of India) and World Bank funded projects. 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, dams, earthwork and highways, and promoter-colonizer of housing complexes, all demanding a high degree of skill and expertise.