Retains Christensen as Global Capital Markets Advisor
CALGARY, March 7 /CNW/ - Zaio Corporation (TSX-V:ZAO) announced today
that it has retained Christensen to assist with its financial communications
and capital market objectives. Christensen is a global capital markets
advisory firm dedicated to helping its clients by providing a customized
choice of investor financial communication solutions designed to fit clients'
"During 2006, Zaio successfully recruited a world-class management team,
delivered on our business model and shareholders were rewarded," said Thomas
J. Inserra, chief executive officer of Zaio Corporation. "Zaio is
investigating the opportunities for a US stock exchange listing to make it
easier for investors to find information about the Company. As part of our
plan to communicate the story in a clear and compelling way to a broader group
of potential investors, we have retained Christensen as our investor relations
and financial communications adviser."
Christensen will be assisting Zaio with the communication of their
investment proposition to the financial community. They are also developing
and implementing a strategic outreach program to potential investors, analysts
and the financial media to raise awareness of Zaio's investment attributes and
compelling business model. Christensen will provide investor relations
services for a period of one year. Services will be paid quarterly in advance
in the amount of CAD$29,324 plus disbursements.
"To date, the majority of Zaio shareholders reside in Canada and we are
in no way abandoning our Canadian roots," said Rodney Mitton, chief financial
officer of Zaio Corporation. "In fact, we are intending to retain our Canadian
listing, while exploring opportunities for a US listing. The Corporation is of
the view that a US listing, if obtained, will help improve liquidity and
expand reach to a larger shareholder base."
Readers are cautioned that no application has been made for a US listing
and there can be no assurance that one will be obtained.
Investors can keep abreast of Zaio operating results by visiting the
"Investor" tab on the Zaio website at www.Zaio.com and signing up for a free
Christensen is a capital markets advisory firm assisting global,
national, large and small capitalized companies achieve fair valuation and
strengthened brand recognition in the global financial markets. Christensen,
in business for nearly 25 years, provides its clients with a customized choice
of investor relations and financial communication solutions, designed to fit
clients' individual needs according to their industry sector, the maturity of
their investor relations and external communications activities, and their
capital market aspirations. Dedicated to building relationships through
results, Christensen partners with its clients, helping them to create value
in the global capital markets while providing management freedom to focus on
their strengths and core activities. Christensen's headquarters are located in
New York, with offices in Hong Kong, Phoenix, Montreal, Toronto and Calgary.
For more information visit www.christensenir.com
Zaio is a public corporation that trades under the symbol "ZAO" on the
TSX Venture Exchange in Canada and additional information is available for USA
investors under the symbol "ZAOFF". Zaio and its network of premiere, local
appraiser experts photograph and appraise entire cities, one building at a
time from the street. It is the only known company in the world that develops
and maintains a site-verified database of photos, valuations and property
information of virtually every property in entire cities, using a proprietary
"GeoScore" property rating system. For more information visit www.zaio.com.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this press release.
This press release contains forward-looking statements which may include
financial and business prospects, as well as statements regarding the
Company's future plans, objectives or economic performance and financial
outlooks. Such statements are subject to risk factors associated with the real
estate industry and the overall economy in both Canada and the United States.
The Company believes that the expectations reflected in this press release are
reasonable, but actual results may be affected by a variety of variables and
may be materially different from the results or events predicted in the
forward-looking statements. Readers are therefore cautioned not to place undue
reliance on these forward-looking statements.
In evaluating forward-looking statements readers should consider the risk
factors which could cause actual results or events to differ materially from
those indicated by such forward-looking statements. These forward-looking
statements are made as of the date hereof and unless otherwise required by
applicable securities laws, the Company does not intend nor does it undertake
any obligation to update or revise any forward-looking statements to reflect
subsequent information, events, results or circumstances or otherwise.
For further information:
For further information: Thomas J. Inserra, President and CEO, Zaio
Corporation, (480) 575-5111; Rodney D. Mitton, Chief Financial Officer, Zaio
Corporation, (403) 802-2033; Christopher Doré, Vice President of Western
Canada, Christensen, Ph: (403) 444-6912, Fx: (403) 668-6001,