August 21, 2006
Oxford Investments Holdings Inc. Announces it is exploring plans for listing its securities on the Alternative Investment Market of the London Stock Exchange, filing of its Annual Report on Form 20-F and its Annual General Meeting
TORONTO, ON. - August 21, 2006 – Oxford Investments Holdings Inc. (OTCBB: OXIHF) today announces that it is exploring the possibility of listing its common shares on the Alternative Investment Market ("AIM") of the London Stock Exchange. Accordingly, over the next few months the Board of Directors of Oxford will take the necessary steps to fulfill the requirements for listing its securities on AIM.
Oxford believes an integral part of the Company's overall strategic direction is to list the Company's trading shares on a more stable and liquid trading platform. It is expected that a trading platform such as AIM will enable the Company to further its acquisition strategies, current and future developments as well as enhance earnings for the Company and return greater shareholder value.
The Company intends to maintain its listing on the OTC.BB market. The current timetable for the proposed listing of the Company's shares on AIM is 6 months.
Oxford has filed its Form 20-F Annual Report and related audited Financial Statements for Fiscal Year 2005 with the Securities and Exchange Commission on June 30, 2006. The Form 20-F filing and Financial Statements will be made available on the Company's web site at www.oxsof.com.
The Company also announces that it will hold its 2006 Annual General Meeting on October 26 2006, at 09:30 a.m. at its head office at 1315 Lawrence Avenue East, Suite 520, Toronto, Ontario. There are a number of matters that the Company would like to present to Shareholders for approval
The matters to be considered and voted on at the meeting include:
- the election of directors;
- appointment of the Company's auditors;
- the receipt of the Company's financial statements together with the report of the auditors thereon;
- adoption of a stock option plan;
- the proposed listing its common shares on the Alternative Investment Market of the London Stock Exchange.
- any other business that may properly come before the Meeting
August 28, 2006.
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.
