PR NEWSWIRE
Eurotech, Ltd. Announces Anticipated Change in Management
Eurotech, Ltd. Announces Anticipated Change in Management
HAUPPAUGE, N.Y., Feb. 6, 2012 /PRNewswire via COMTEX/ -- Eurotech, Ltd.
(EUOT.PK), specializing in creative problem solving for online properties that
utilize video streaming, distribution, and networking, announces today the
anticipated transfer by the President and CEO of his control share block to a
private company which intends to renew and to broaden Eurotech's business plan.
The anticipated purchaser is conducting due diligence at this time. In the event
this transaction is consummated, there will be a change in management. More
details will be publicly disclosed as they become available.
About Eurotech, Ltd. (EUOT)
Eurotech's strategic mission is to identify and creatively solve the challenges
facing today's businesses that utilize the internet for online video streaming,
distribution, and networking. Eurotech Ltd. looks to seize new or existing, but
previously unrecognized, web-ideas, and manage these in a manner that ensures
their commercialization by bringing them to the forefront of their industries.
Eurotech strives not to duplicate existing models, but go far beyond the
expectations of the internet consumer, with mind-blowing technology and new
dimensions of interactivity, never before experienced. Eurotech like everyone
else, recognizes the current, aggressive climb of the social media explosion and
are at the forefront of this rocketing trend.?"
Safe Harbor: This release may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. Statements
contained in this release that are not historical facts may be deemed to be
forward-looking statements. Investors are cautioned that forward-looking
statements are inherently uncertain. Actual performance and results may differ
materially from that projected or suggested herein due to certain risks and
uncertainties including, without limitation, ability to obtain financing and
regulatory and shareholder approvals for anticipated actions.
Contact: Andrew Muzii, 361-444-3876, info@eurotechnet.com
SOURCE Eurotech, Ltd.
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