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Buzz Technologies Update on Name, Symbol and Cusip Change(February 17, 2010)
HONG KONG and BANGKOK, THAILAND -- (Marketwire) -- 02/17/10 -- Buzz Technologies Inc. (PINKSHEETS: BZTG) - The Board of Directors at BZTG have agreed to change the company name to The Heffernan Group. Changes will also be made to the cusip and stock ticker symbol in the near future. The company will keep shareholders informed of these changes.
Initially, the company's assets will be the entire capital of The Heffernan Group. Once the exchange is completed, the board will consider restructuring the share capital on a 1 for 10 or 1 for 100 basis, if needed. This would be a one time event, once The Heffernan Group (BVI) has secured its own listing.
The Heffernan Group (BVI) is made up of a number of investment holding companies. It operates through various business divisions in Asia: Property, Technology, Finance, Mining, Energy and Industrial. The Heffernan Group investment portfolio in property principally consists of hotels and condominium projects in Asia, as well as serviced apartments, hotel interests and other residential accommodations. The Manufacturing division manufactures, markets and distributes products from washing machines to motor vehicles and spare parts, in partnership with Ebeling Heffernan. The Financial services division operates a number of businesses, many in partnership with Ebeling Heffernan and all concentrated on Asian markets. This will expand into the securities sector in 2010. Our energy investments include Asian Energy Inc., a supplier of solar energy and a leading manufacturer of solar products in Asia. Our mining interests in Asia include Oil & Gas, Mn Ore, Iron Ore, Gold and Quartz. In technology we are launching the www.xirxi.com platform, we have built and own the www.12buzz.com , our games company: Splashscreen is set to release games in Asia in 2010 on the iPhone, PS3 and PC and our premium outsourcing service www.XEDV.com has already generated solid revenue. For further information contact:
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