ATLANTA, July 29, 2009 (GLOBE NEWSWIRE) -- Legal Access Technologies, Inc. (Pink Sheets:LGAL) announced today that it has changed its name to UnderSea Recovery Corporation ("UnderSea"). The name change was effectuated Monday with the filing of the name change documentation with the Nevada Secretary of State. UnderSea now will file for a new trading (ticker) symbol on the pink sheets, which it expects to be issued soon.
In making this announcement, Herbert Leeming, CEO, commented: "As most people are well aware, we have been conducting business for a good while as UnderSea Recovery Corporation and we decided last week that it was time for us to proceed with formalizing the new name. In fact, our Website has long operated under www.unsr.com, the "unsr" signifying UnderSea Recovery Corporation. The new name is obviously more reflective of our business of utilizing advanced technology to search for, locate and recover valuable historic shipwrecks. We will of course make an announcement when we are able to begin trading under a new ticker symbol."
About the Company
The Company is engaged in the business of developing technologies for the locating and recovering of historical shipwrecks, primarily those from the 15th through 19th centuries, in the world's oceans and large lakes by applying advanced technologies in an environmentally responsible manner.
Forward-Looking Statements Caution:
This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.