ELM TECHNOLOGIES, INC. A LONG TERM HEALTH CARE SOLUTIONS PROVIDER IS NOW LISTED ON PINK SHEETS
HOUSTON, TX – February 4, 2008 – ELM Technologies, Inc. (ETGS.PK), the provider of innovative workforce modeling and scheduling solutions to long-term care providers, today announced that FINRA cleared the company for public trading on the Pink Sheets effective December 20, 2007.
ELM Technologies has a capitalization structure of 500 million authorized common shares with 90,698,665 issued and outstanding shares. Of those outstanding shares, 18,698665 are unrestricted free trading shares and 72,000,000 are restricted. There are approximately 2,667 shareholders registered with the company.
"We are very pleased to have our shares listed with the Pink Sheets and available for trading through FINRA registered members," said Barbara Rivera, President of ELM. "Our company is committed to providing quality products and services to the very large and dynamic long term care market. We look forward to actively working with the public markets."
About ELM Technologies, Inc.
ELM Technologies, Inc., based in Houston, Texas, offers a new and improved method to traditional staff scheduling among long term care facilities and nursing homes. ELM Technologies, Inc. has an exclusive license to market and sell a unique and proprietary workforce modeling and scheduling solution from EmLogis, Inc. that both identifies a significant cost reduction and delivers reduced employee turnover with increased staff preferences by removing inherent inefficiencies in scheduling hourly long term care employees. ELM provides the exclusive rights to market the GENERATOR solution from EmLogis, Inc. to long term care facilities through Software-as-a-Service.
For more information about ELM Technologies, Inc. visit: www.elmtechco.com
No statement herein should be considered an offer or a solicitation of an offer for the purchase or sale of any securities. Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Contact: ELM Technologies, Inc. | Michael Rubash, Public Relations info@elmtechco.com