June 8, 2006
Oxford Investments Holdings Inc. Announces Appointment of New Auditors
TORONTO, ON. - June 08, 2006 – Oxford Investments Holdings Inc. (OTCBB: OXIHF) today announced that its Board of Directors has appointed Danziger & Hochman, Chartered Accountants, as its independent auditor, effective from June 6, 2006 and until the date of the Company's Annual and Special Meeting to be held in December, 2006. Shareholders will be asked at that meeting to vote on the appointment of Danziger & Hochman as Oxford’s auditors for the following year.
Oxford’s Board of Directors appointed Danziger & Hochman because it believes that they are able to more efficiently meet our audit requirements. One of the principal reasons the Company retained Danziger & Hochman is because of its close proximity to Oxford. Danziger & Hochman is located in Toronto, Ontario while Oxford’s prior auditor was located in Spokane Washington.
About Oxford Investments Holdings Inc.
Oxford Investments Holdings Inc. previously known as a leading Internet gaming software licensing, reseller and development company providing software solutions to the Internet gaming market, now is the parent company to several subsidiaries that market, sell and distribute a variety of products. Oxford's subsidiaries include International E-Gaming Developers, Inc., a company that markets gaming products to a worldwide clientele, Celebrity Tan Inc., a company that markets UV-free tanning products and booths, Ontario Private Water Labelling Ltd., a company that specializes in private-label bottled water distribution and sales and WebStar Internet Solutions an online payment solutions company.
For further information, please visit www.oxsof.com ; Email:investor@oxsof.com, or phone Michael Donaghy at 1-800-293-4871.
FORWARD LOOKING STATEMENTS DISCLAIMER:
Statements in this press release, which are not historical, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company's financial condition and prospects, legal risks associated with product liability and risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on suppliers, risks relating to international operations, risks associated with competition and other risks detailed in the Company's filings with securities regulatory authorities. These risks may cause results to differ materially from those projected in the forward-looking statements.
This release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be a sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification of such securities under the laws of any such jurisdiction. This press release was accurate at the time it was issued but may not reflect the Company's current strategy or product offerings.
