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ESPRE Solutions Clears SEC Comments on Form 10 Filing PLANO, TX--(MARKET WIRE)--Apr 4, 2008 -- ESPRE Solutions, Inc. (Other OTC:EPRT.PK - News) a
Dallas-based video media solutions and technology company
with a
revolutionary and patented video compression technology,
announced today
that it had been informed by the Securities and Exchange
Commission that
all comments in its filing of a Form 10 have been cleared.
The Company
noted that this clearance which was initiated on November
8, 2007 and has
resulted in the company becoming fully reporting on January
7, 2008 has
also cleared the way to making an application for a listing
on the OTC: BB. "We are very pleased with this major step forward in our efforts to increase the transparency of our shareholder communications. Further, this accomplishment clears the way for our application for a listing on the OTC: BB which we anticipate will allow a wider share ownership," stated Pete Ianace, ESPRE's CEO. The company advised that the application for a listing on the OTC: BB will be subject, amongst other things, to review by the National Association of Securities' Dealers. The Company advised that it will be reporting progress on its OTC: BB application as it occurs. About ESPRE Solutions, Inc.: Plano, Texas-based ESPRE Solutions is a public company (Other OTC:EPRT.PK - News) that is reinventing how enterprises and individuals work and exchange information and ideas by providing a truly viable solution for live, high-quality multi-media video collaboration. ESPRE Solutions harnesses the power of collaboration to extract the benefits of visually connecting global work groups and individuals to create, share, and deliver live video content over the Internet. ESPRE Solutions' ESPRE Live 3.0(TM) media engine provides an integrated toolkit solution for solutions integrators and developers to create applications for business and personal communications. ESPRE's business strategy focuses on building strong partnerships, investing in companies that define the leading edge of video collaboration, and developing businesses to bring its growing suite of SDKs and APIs to the market. To learn more about ESPRE Solutions, or to experience the company's pioneering video compression technology, visit www.espresolutions.com Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Reform Act of 1995. Forward-looking statements made by ESPRE Solutions, Inc. are not a guarantee of future performance. Contact: PRESS CONTACT:
ESPRE Solutions, Inc.
Katrina McBride
Email Contact: Email Contact
Source: ESPRE Solutions, Inc.
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