Orchard, Mar 15, 2012 (eTeligis.com via COMTEX) ORCHARD, Texas, March 15, 2012-- Oxygen Orchard, Inc. and Indocan Resources, Inc. have entered into an agreement to pursue a reverse merger between the two companies, with Oxygen Orchard becoming the surviving entity, and located at 10624 Highway 36, Orchard, Texas, 77464. About Oxygen Orchard, Inc. Founded in 2000, the Company manufactures and markets its original product, The Big Pitcher, and other consumer and business-to-business products in various stages of development, all of which oxygenate drinking water.
The technologies embodied in the Company's patented products are based on basic science tenets, i.e. gases dissolving into liquids, absorption of water with a high content of dissolved oxygen by tissue in the alimentary canal, and the power of oxygen as an oxidizing agent. Using water as an oxygen delivery system is safe, effective and affordable. Much like vitamin supplements, the Company's products enhance normal respiratory breathing.
Indocan Resources, Inc. IDCN operations have ceased and the Company is dormant. Its officers and directors have resigned their positions and the publicly traded shell is available for a reverse merger transaction.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the Safe Harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from the expected results.
CONTACT: TERI H. MATHIS OXYGEN ORCHARD, INC. 10624 HIGHWAY 36 ORCHARD, TX 77464 PHONE: 713-446-5337 TOLL FREE: 877-347-7770 EMAIL: INVEST@OXYGENORCHARD.COM WEBSITE: WWW.OXYGENORCHARD.COM
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