EP Global Communications, Inc. Closes First Quarter With Positive Developments
JOHNSTOWN, Pa., March 22 /PRNewswire-FirstCall/ -- EP Global Communications, Inc. (EPGL), (the Company), (Pink Sheets: EPGL), ( www.eparent.com), the parent company of Exceptional Parent ( EP) magazine, has announced that as the first quarter of 2010 draws to a close, positive developments are setting the tone looking forward.
On February 26, 2010, EPGL Shareholders voted to expand the number of authorized shares from 2.0 billion to 5.0 billion by a margin of three to one. This vote provides the company with equity that can be sold to raise financing needed to fuel the Company's growth plans. One of these includes the development of a Nutraceutical Product Directory along the lines of the Company's successful Annual Resource Guide. This new directory would help to review the thousands of nutraceuticals (nutritional supplements) in terms of their efficacy and safety and potential interaction with Rx medications. Preliminary work on this new product is already underway. The market for nutraceuticals is in excess of $100 billion.
On March 2, 2010, the Company participated in the first Special Needs Day at the Liberty Science Center in New Jersey. Over 1,000 students with disabilities and special needs attended the event, free of charge, and experienced all that the Center has to offer. It was a day of learning and sharing ideas and experiences about the wonders of nature and science in an atmosphere each child could experience, regardless of their disability. Mark Mattia, Sr. Vice President for Marketing at the Liberty Science Center, was particularly moved by the day. "These children really enjoyed their visit and learned a great deal. The presentation by Dennis Dusevic, a young man with cerebral palsy who is non-verbal and has significant spasticity, was extraordinary." Dennis, an employee at Exceptional Parent, puts together the Company's Annual Resource Guide. He did a power point presentation utilizing an augmentative communication device manufactured by Dynavox, Inc. EPGL and LSC are in discussions for the launch of several other Disability Awareness Days (DAD) at the Liberty Science Center later this year.
In July, the Company is planning the launch of a major new educational series on Pain and Pain Management. This series is a first of its kind and will focus on a powerful new technique for treating pain pioneered by Hans Kraus, MD, who treated President John F. Kennedy, and now being implemented at the Marcus Pain Institute in New York City by Norman Marcus, MD, who is on the faculty at NYU Medical School.Finally, the Company has executed an agreement with the World Congress on Disabilities (WCD), now a 501-C-3 not-for profit corporation, to be the exclusive marketing and promotional arm for the WCD event as well as continuing to develop educational programs offered at this event. The 2010 WCD will be held in Dallas, Texas, November 18-19, 2010. About EP Global Communications, Inc. EP Global Communications, Inc., parent company of Exceptional Parent ( EP) magazine, is a 39-year-old, award-winning, multi-media publishing and communications company, providing timely and indispensable resources and information to families and professionals caring for the needs of children and adults with disabilities and special health care needs, including families in the U.S. Military. Safe Harbor Statement Certain matters discussed in this press release are "forward-looking statements" intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. In particular, the Company's statements regarding trends in the marketplace and potential future results are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the timing of projects due to the variability in size, scope and duration of projects, estimates made by management with respect to the Company's critical accounting policies, regulatory delays, clinical study results which lead to reductions or cancellations of projects, and other factors, including general economic conditions and regulatory developments, not within the Company's control. The forward-looking statements are made only as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. SOURCE EP Global Communications, Inc.
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