Las Vegas, May 31, 2017 (GLOBE NEWSWIRE) -- Southern ITS International, Inc. announces that it has finalized steps for the acquisition of Evolution Enterprises, LLC
LAS VEGAS, NV--(GlobeNewswire – May 31, 2017) - Southern ITS International, Inc. (“SITS”) (OTC PINKSHEETS: SITS) announced today that it has finalized the steps necessary to complete its acquisition of and reverse merger with Evolution Enterprises, LLC (“Evolution”), a Nevada based privately owned company (www.evoenterprisesinc.com ). Evolution owns and controls a portfolio of highly successful businesses that focus on direct sales networks. SITS plans to complete the transaction, including the new share structure, name change and new board of directors over the next coming weeks.
David McCovy, founder of Evolution, stated “We are very excited about becoming a publicly traded company on the OTC Markets. We have aggressive goals and believe that we can reach them with our new corporate structure. With several thousand loyal Evolution Travel members, we are pleased that this will provide our members the potential opportunity to purchase at their own discretion a piece of what we are building together.” Evolution and its flagship division, Evolution Travel (www.myevolutiontravel.com ), created a complete travel web portal with connectivity to the top travel industry providers, allowing its members to become professional home based travel agents and maximize benefits to them. Evolution Travel uses all of the social media tools to reach and promote its unique partners’ reward programs that exceed industry norms.
Sylvain Desrosiers stated, “We are very excited for the shareholders of SITS to become part of this amazing company that is Evolution Enterprises. In my long career I have rarely seen a company, management team and group of salespeople so dynamic and fast growing as Evolution. David deserves a lot of credit for his accomplishments in such a short time. The energy that you witness from the Evolution organization and members is just incredible.”
About Southern ITS International, Inc.
Southern ITS International, Inc. (“SITS”) has been successful in providing electronic security and services to support government regulated high compliance industries. SITS has developed and delivered to the gaming and corrections sectors high compliance support systems facilitating the integration and implementation of complementary technologies. SITS, while it continues to deliver electronic security and networking infrastructure to those clients, will be exiting its historical businesses and entering the businesses of Evolution.
Precautionary and Forward-Looking Statements
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude or risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in the Company's disclosures or filings with OTC Markets, Inc. You are further cautioned that stocks of smaller companies like Southern ITS International, Inc. are inherently volatile and risky and that no investor should buy this stock unless they can afford the loss of their entire investment.
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Source:Southern ITS International, Inc