CHANDIGARH, India, June 3, 2011 /PRNewswire/ -- Evader, Inc. (Pink Sheets:EVDR.pk - News) subsidiary ASCC is pleased to announce that it has signed a memorandum of understanding with SQL Star (www.sqlstar.com) .
The agreement was entered with the intent of normalizing the collaborative mechanism between the two companies. ASCC and SQL Star have agreed that they will work in close collaboration to explore business opportunities in the fields of e-governance, knowledge services and enterprise solutions.
SQL Star and ASCC have agreed to jointly identify opportunities all over the world. Both organizations will provide necessary support in terms of infrastructure and manpower for procurement and the successful execution of each project.
EVDR will keep investors and followers updated on this venture with SQL Star and other company developments on a timely basis.
ABOUT SQL
SQL Star (www.sqlstar.com) has been delivering knowledge-driven business solutions through technology since its inception in 1987. It's an amalgamation of best practices and competencies brought in by leading professionals from some of the most renowned names in the corporate world. The company is headquartered in India and has wholly owned subsidiaries in the United States, Australia and Singapore. SQL Star's revenues are in the $23 million U.S. range.
SQL Star provides specialized knowledge services to a wide range of industry verticals, which puts it in a unique position to deliver cutting-edge solutions and help build in-house competencies for clients.
ABOUT ASCC
Evader, Inc. and ASCC are involved in executing large and complicated civil engineering projects in India, with emphasis on roads, bridges, earthwork, highways and as a promoter-colonizer of housing complexes that demand a high degree of skill and expertise. The company has achieved tremendous growth since its incorporation in 1987.
ASCC is equipped to handle a wide variety of projects and maintain uncompromising quality standards at every stage. It's committed to providing professional service, high-grade construction, appreciable finish and the timely completion of all projects. ASCC's team of dedicated technical and managerial personnel has vast experience in a number of fields that enable it to undertake any challenging job.
ASCC's reputation is based on strong customer orientation, technological sophistication and an impressive record of achievements. Many of the civil engineering projects executed by ASCC have set new benchmarks in terms of scale, sophistication and speed.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Evader, Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. Evader, Inc. cautions you that any forward-looking information provided by or on behalf of Evader, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Evader, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Evader, Inc.'s control. In addition to those discussed in Evader, Inc.'s press releases, public filings, and statements by Evader, Inc.'s management, including, but not limited to, Evader, Inc.'s estimate of the sufficiency of its existing capital resources, Evader, Inc.'s ability to raise additional capital to fund future operations, Evader, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Evader, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Evader, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
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