|By Marketwired .||
|August 8, 2013 01:51 PM EDT||
TULSA, OK -- (Marketwired) -- 08/08/13 -- St. Joseph, Inc. (OTCBB: STJO) (OTCQB: STJO) today announced that it has engaged Hanover|Elite as the Company's investor and public relations counsel of record.
Working in close collaboration with St. Joseph's senior leadership, Hanover|Elite is charged with developing, implementing and supporting a fully integrated corporate and shareholder communications platform for the Company; and assisting with the execution of its financing strategy centered on accessing the capital necessary to support the Company's planned reverse takeover (RTO) of Zone USA, Inc., which holds a 50% ownership stake in ANZ Communications, LLC. Based in Springfield, Illinois, ANZ is an operating telecommunications company serving the evolving needs of ILEC, CLEC and IXC markets, as well as wireless carriers, corporate enterprise and residential customers in primarily rural markets across the U.S.
Gerry McIlhargey, President and CEO of St. Joseph, noted, "We are very pleased to be teaming with the professionals at Hanover|Elite and look forward to taking full advantage of their proven IR/PR expertise, financial communications experience and longstanding relationships in the U.S. capital markets, particularly as we advance through the next important stage of the RTO process."
Hanover|Elite is a joint venture created through the partnership of Hanover International, Inc. and Elite Financial Communications Group. In January 2012, Hanover and Elite teamed to leverage their respective strengths, resources and spheres of influence on Wall Street, creating an innovative IR/PR model for applying best industry practice in financial communications, corporate branding and awareness, regulatory compliance and capital market access services.
About St. Joseph, Inc.
St. Joseph is a holding company owning a subsidiary engaged in the staffing industry. For more information about St. Joseph, Inc., please visit www.stjosephinc.com or send an email to STJO@hanoverelite.com.
This press release consists of 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. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. In particular, there is no assurance that the parties will reach a definitive agreement for the proposed transaction or that the transaction will be completed. Additionally, no assurance can be provided that the terms of any transaction will be similar to those contemplated by the Letter of Intent. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties, and actual results could differ materially from those indicated by such forward looking statements. The Company assumes no obligation to update the information contained in this press release, whether as a result of new information, future events, or otherwise.
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