News Focus
News Focus
icon url

snowcloud

05/22/08 10:06 AM

#34523 RE: snowcloud #34522

Byers News:

JENSEN BEACH, FL -- (MARKET WIRE) -- 05/22/08 -- Techlabs, Inc. (PINKSHEETS: TCHL) today announced that its newly acquired subsidiary, Byers Foods Co. will initiate a limited roll-out program of its Byers Organic soup line with Wal-Mart's Supercenters in the Northeast region involving approximately 100 stores. Initial deliveries to the Supercenters are expected at the end of August 2008, in time for the fall and winter "soup season."

The new relationship represents an expanded exposure and distribution of Byers natural organic soup line throughout the eastern United States. Including this roll-out program, Byers will be in over 350 major grocery food stores along the eastern seaboard. Byers in addition to the major grocer accounts, also distributes, through a network of regional and national distributors, to over 400 gourmet, independent and natural food stores.

About Techlabs, Inc.

Techlabs ( www.techlabsinc.net) is primarily engaged in the development of business opportunities in various industries. The Company seeks to acquire undervalued unique properties and assets developing them to their highest and best use via innovative business development and financing concepts.

This news release contains "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements as a result of various factors, including those set forth in Techlabs, Inc.'s filings with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein and not place undue reliance on such statements. The forward-looking statements are made as of the date hereof and Techlabs, Inc. undertakes no obligation to update such statements.

For further information regarding the company, contact:
Techlabs, Inc.
(267) 350-9210

icon url

ChangeDirector

05/22/08 12:43 PM

#34532 RE: snowcloud #34522

Yes, sorry, due to all the theorization on the board that Byers would still be the candidate.

Yes, it's an example of a company "not doing" what they said they were "not going to do", but despite the best hopes of investors.

I don't mean to get into an argument at all ... but it's surely bad news, not something to get excited about that the company is so honest.

IMHO Byers, owned by Frank, doesn't seem to be a particularly honest or relevant company from the lack of their apparent products despite the PR, and from the very limp website.