iVoice Technology, Inc. Announces Proposed Name Change to iGreen Innovations, Inc.
June 13th, 2008 Leave a comment Visited 19 times, 1 so far today
To Accelerate Development of Recently Announced “Green” Technologies Platform
iVoice Technology, Inc. (OTC Bulletin Board: IVOT) announced today that it intends to change its name to iGreen Innovations, Inc. The Company is a “green” technology company, focused on acquiring and identifying promising technologies that address environmental issues.
The Company recently formed a wholly-owned subsidiary, B Green Innovations, Inc. (“B Green”), to commercialize the Company’s “green” technology platforms, including three patents filed for products made from recycled tires. B Green will hold the Company’s green technology and will pursue associated developmental activities.
“In the short time since we decided to develop our “green” technology platform, iVoice Technology has made significant progress,” said Jerry Mahoney, CEO of iVoice Technology. “By changing the name of the parent company to iGreen Innovations, Inc., we believe that we will be able to accelerate development activities surrounding these programs, as we strive to make attractive acquisitions of promising technologies. For example, developing products using recycled tire rubber represents an exceptional opportunity, due to the millions of tires that exist and the significant health and environmental risks they pose.”
To prepare for the proposed name change, the Company has reserved the corporate name iGreen Innovations, Inc., reserved the web domain of igreeninnovations.com and will unveil a new website to reflect the “Green” platform. The proposed name change is subject to approval by the Company’s shareholders.
About B Green Innovations:
B Green Innovations, Inc. (“B Green”) a Matawan, New Jersey-based corporation is dedicated to becoming a “green” technology company, focused on acquiring and identifying promising technologies that address environmental issues. The first technology will be used to create new products from recycled tire rubber. Recently, we announced that we had filed a new Patent Application for a process it described as “Recycled Tire Pod with Appliance Recess Guide.”
About iVoice Technology, Inc:
iVoice Technology, Inc., previously was a wholly owned subsidiary of iVoice, Inc. (OTCBB: IVOI) prior to the spin-off from iVoice that was completed in August 2005 as a special stock dividend distribution to iVoice shareholders. iVoice Technology, Inc, Inc. was incorporated in New Jersey on November 10, 2004 as a wholly owned subsidiary of iVoice, Inc. iVoice Technology, Inc. is taking steps to become a “green” technology company, focused on acquiring and identifying promising technologies that address environmental issues. The company also designs, manufactures, and markets innovative Interactive Voice Response (IVR) applications and computer telephony communications systems.
Certain information included in this press release, may contain forward-looking statements about our current and expected performance trends, growth plans, business goals and other matters. These statements may be contained in our filings with the Securities and Exchange Commission, in our press releases, in other written communications, and in oral statements made by or with the approval of one of our authorized officers. Information set forth in this press release contains various “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Private Securities Litigation Reform Act of 1995 (the “Act”) provides certain “safe harbor” provisions for forward-looking statements. The reader is cautioned that such forward-looking statements are based on information available at the time and/or management’s good faith belief with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Forward-looking statements speak only as of the date the statement was made. We assume no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “should,” “will,” and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
For more information on iVoice, please visit http://www.ivoice.com.
Contacts
iVoice Technology, Inc
Dolores Serafin, 732-441-7700
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