|
|||
|---|---|---|---|
|
|||
 |
SUBSIDARIES: |
|||
|---|---|---|---|---|
| COMPANY OVERVIEW | Nevada International Stock Exchange, Inc. Acquires
|
SearchPath International | ||
| CORPORATE GOVERNANCE | SearchPath International, a Leading Talent |
UpdBuild Solutions Group | ||
| SEC FILINGS | AcquisitionProfessional Services Firm |
|||
| ANNUAL REPORT | ||||
| PRESS RELEASES | Tom Johnston Appointed Chairman and CEO | |||
| INVESTOR CONTACT | MAILING LIST: | |||
| CLEVELAND, Oct 7, 2009 (GlobeNewswire via COMTEX) -- | By subscribing to our mailing list, |
|||
| Nevada International Stock Exchange, Inc. (Pink Sheets:NVDS) | you can easily receive RHJI's press |
|||
| (the "Company") is pleased to report that the Company has | releases. |
|||
| acquired all of the outstanding stock of SearchPath | (insert subscribe button) |
|||
| International, Inc. ("SPI") in exchange for 370,304,000 shares | ||||
| of Common Stock of the Company. In conjunction with Share | ||||
| Exchange Agreement and as detailed in the Company's initial | ANNUAL REPORT: | |||
| disclosure statement filed with Pink Sheets on September 24, | ||||
| 2009, Tom Johnston, President of SearchPath International, |  |
|||
| was appointed Chairman and CEO of Nevada International | ||||
| Stock Exchange, Inc. The Company will undertake a name | ||||
| change in the future to more accurately reflect its current | ||||
| business operations. | ||||
| SearchPath International, Inc., www.searchpath.com, is a | ||||
| Cleveland-based franchisor of talent acquisition professional | ||||
| services firms, with 73 franchises. SPI has rapidly built a high | ||||
| quality network of franchisees, despite competition from | ||||
| larger, more established firms. SPI believes that the pending | ||||
| retirement of hundreds of thousands of Baby Boomers | ||||
| resulting in vacant positions across all industries, paired with | ||||
| the rise in the number of college graduates in the U.S. seeking | ||||
| new positions, will open the door for high quality talent | ||||
| acquisition organizations to marry great talent with open | ||||
| positions and that this trend will continue to grow in the | ||||
| coming years. | ||||
| "Achieving the milestone of becoming the search and | ||||
| recruiting industry's first publicly traded franchisor is a major | ||||
| advancement in our goal to differentiate our offering from our | ||||
| competition. Our business plan is centered on building a | ||||
| platform that will create a long term growth and wealth | ||||
| generation program for our owners, employees and | ||||
| shareholders. The ability to leverage our status as a publicly | ||||
| traded program will also help us to raise capital for growth and | ||||
| potential acquisitions. Our long term vision of creating an | ||||
| organization focused on quality, performance and a shared | ||||
| vision of teamwork and cooperation will be greatly enhanced | ||||
| by this movement to a publicly traded company," said Thomas | ||||
| K. Johnston, Chief Executive Officer of SearchPath | ||||
| International. "This is another significant step that we have | ||||
| taken to accelerate the growth of the Company." | ||||
| About SearchPath International | ||||
| SPI is a Cleveland-based talent acquisition professional services | ||||
| firm, which has opened more than 70 offices in its first 4 years. | ||||
| SPI was founded in September 2005, by Thomas K. Johnston, a | ||||
| nationally-recognized search consultant who specializes in the | ||||
| human capital, staffing, and employer services industries. SPI | ||||
| redefines the way clients do business with recruiters by | ||||
| combining proven industry best practices with revolutionary | ||||
| concepts. SPI's unique client-centric approach includes a | ||||
| variety of service options that enables SPI to stand alone | ||||
| against competition. In partnership with franchise owners, | ||||
| strategic partners, and its franchise support team, SPI's goal is | ||||
| to become the premier, vertically-integrated provider of talent | ||||
| acquisition professional services in the world. SPI can be found | ||||
| on the web at www.searchpath.com. | ||||
| The SearchPath International logo is available at | ||||
| http://www.globenewswire.com/newsroom/prs/?pkgid=6699 | ||||
| Safe Harbor Statement | ||||
| This press release contains "forward-looking statements" within | ||||
| the meaning of Section 27A of the Securities Act of 1933 and | ||||
| Section 21E of the Securities Exchange Act of1934. All | ||||
| statements, other than statements of historical fact, including, | ||||
| without limitation, those with respect to the objectives, plans | ||||
| and strategies of the Company and SPI set forth herein and | ||||
| those preceded by or that include the words "believes," | ||||
| "expects," "given," "targets," "intends," "anticipates," "plans," | ||||
| "projects," "forecasts," or similar expressions, are "forward- | ||||
| looking statements." Although the Company's management | ||||
| believes that such forward-looking statements are reasonable, | ||||
| it cannot guarantee that such expectations are, or will be, | ||||
| correct. These forward-looking statements involve a number of | ||||
| risks and uncertainties which could cause the Company's future | ||||
| results to differ materially from those anticipated. The | ||||
| Company assumes no obligation to update any of the | ||||
| information contained or referenced in this press release. | ||||
| This news release was distributed by GlobeNewswire, | ||||
| www.globenewswire.com | ||||
| SOURCE: SearchPath International; Nevada International Stock | ||||
| Exchange, Inc. | ||||
By Staff CONTACT: CONTACT: ZA Consulting, Inc. (C) Copyright 2009 GlobeNewswire, Inc. All rights reserved. |