Deploy Technologies Inc. - Deploy announces capital structure change

VANCOUVER, Sept. 30, 2011 /CNW/ - Deploy Technologies Inc., (PINKSHEETS: DPLY) announced today that the company has changed its capital structure.

On 29 September, 2011, the Company amended Article 3 of its Articles of Incorporation to include a Class A Preferred Share, and converted 29,000,000 common shares beneficially owned by David Eppert, the Company's President and Andre Thompson, the Company's Vice President of Operations into 2,900,000 Class A Preferred Shares.

The total issued and outstanding shares of the company as of the date of this news release is, 18,173,560 Common and 2,900,000 Class A Preferred shares.

The total number of votes has not changed.  Prior to the share conversion, each of the 47,173,560 common shares issued and outstanding had one vote per share for a total of 47,173,560 votes.  After the share conversion, each of the 18,173,560 common shares issued and outstanding have one vote per share and each of the 2,900,000 Class A Preferred shares issued and outstanding have 10 votes per share for a total of 47,173,560 votes.

For further information please visit www.sedar.com to view the material change report.

ABOUT DEPLOY TECHNOLOGIES INC.

Deploy Technology Inc. has developed a comprehensive suite of products focused on Fleet Data Management & Weigh Systems solutions. The core of our technology is based on the monitoring, storage and processing of hydraulic pressures data streams which are then used to address a wide range of applications including weight and loading calculations and warning systems for safety assurance initiatives.

Our technology is a hardware base complemented with highly configurable and field upgradeable firmware allowing Deploy Technologies the ability to rapidly respond to the evolving requirements of our Client Community.

Deploy is a reporting issuer in British Columbia, Canada, with the head office in Langley, British Columbia, Canada. Reporting information can be found on the company website www.deploy.ca and on SEDAR www.sedar.com as well as on OTC Markets www.otcmarkets.com.

FORWARD LOOKING STATEMENTS
The statements contained above which are not historical are forward-looking statements that are subject to risk and uncertainties that could cause actual results to differ materially from those expressed, including but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other.

SOURCE Deploy Technologies Inc.

For further information:

Deploy Technologies Inc
Mail: 19011 - 1153 56th Street, Delta, BC, V4L 2A2 Canada
Phone: 1-888-213-3888   Fax :  1-888-777-8099
Email: info@deploy.ca      Web : www.deploy.ca

Profil de l'entreprise

Deploy Technologies Inc.

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