SOUTH SETAUKET, N.Y., March 11, 2011 (GLOBE NEWSWIRE) -- Corporate Universe, Inc. (Pink Sheets:COUV) ( http://www.corp-universe.com/ ) Management shares information about the recent developments and future management plans to bring the company closer to its shareholders and raise the company value.
The COUV President John Ahearn stated, "We are currently finalizing management reorganization and some housekeeping issues regarding the former management. Several agreements had to be signed with the ex management to make a clean break with the past and prepare for the future. We are removing any and all stops with our Transfer Agent to start reengaging our investors, gain new investor confidence, and create a better trading environment for our security. All this should be finalized within a week, if not less, and should create a solid ground for COUV to implement its business plan.
"Our core business in the financial sector should see some major developments in the market. However, we are aware of the dangers single-focused enterprises face in the current fast moving economy. We are looking to broaden our reach in North America by offering other necessary services to the public sector, but also seek opportunities for growth in our core services with possible mergers and or acquisitions. We will not put a date on any merger/acquisition at this point. If a solid opportunity with strong potential presents itself, we will consider it for the benefit of our shareholders; however, we do not intend to jump into anything lightly.
"We look forward to raising the value of COUV and working with our shareholders for everyone's mutual benefit. We will inform the public about all developments regarding the company business and news regarding business development."
About Corporate Universe, Inc.:
Corporate Universe, Inc., is a holding company formed in order to provide a greater range of services to the financial community. Corporate Universe, through its subsidiaries, provides the following services: a full service Transfer Agency, Manhattan Transfer Registrar Company, EDGAR filing services, with its Q Filers, division, Proxy and other shareholder printing services and the distribution of Press Releases. It also has a management consulting division, Advanta Management Consulting LLC.
This press release contains forward-looking statements, which represent the Company's expectations or beliefs, including, but not limited to, statements concerning plans, growth and strategies, which include, without limitation, statements preceded or followed by or that include the words may, will, expect, anticipate, intend, could, estimate, or continue or the negative or other variations thereof or comparable terminology. Any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. These statements by their nature involve substantial risks and uncertainties, some of which are beyond the Company's control and actual results.
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Corporate Universe Inc.
John Ahearn CEO
CONTACT: Corporate Universe Inc. 631-675-2889