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Aquasil International Inc. Name Change to Oveldi Worldwide Shipping Group
Posted February 8, 2012
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NEW YORK, NY -- Aquasil International Inc. (PINKSHEETS: AQUS) announced today that it is in the process of changing its name to Oveldi Worldwide Shipping Group to better reflect the new business operation of the company. The company is hoping to have all necessary paperwork in place with FINRA upon receiving confirmation of the new Symbol and cusip. A corporate update will be issued. In the meantime trading will continue under the current name and symbol.
Due to the high amount of calls placed to the company over the last few days, the company is urging investors to submit any inquiries via email to info@oveldi.com or visit the company website for information.
Please visit www.oveldi.com for more information.
About Oveldi Worldwide Shipping Group
Oveldi Ltd. provides supply chain management solutions designed to provide the best product tracking system in the world, primarily to European and North American companies manufacturing in Asia, in exchange for shipping contracts. The management team of Oveldi have retooled businesses in industries with the world's most complex tracking requirements -- and with great success. Indeed, this success has been nothing short of outstanding for those businesses for which we have retooled operations and simply put, we're successful because we love what we do.
Oveldi's integrated solution, EviCAT©, is designed to provide complete order and shipment tracking. We achieve this by monitoring each piece of a manufacturing order, updating the status of each piece throughout the manufacturing cycles, providing accurate and up to the minute information to interested parties. It is quite simple: Any authorized user of the system can follow the progress of an entire manufacturing cycle down to each individual piece, remotely as it makes its way from the production line to the shipping line to the final destination. Knowing precisely where an order is allows the recipient to accurately plan to receive the order. Marketing campaigns can be accurately planned, warehousing requirements can be established with plenty of lead time and production or shipping delays, which are common, are no longer a surprise. These companies are already large clients to the shipping industry; Oveldi simply increases the value to the client by introducing advan ced technology and information previously unavailable. Clients take EviCAT© for a nominal annual fee and switch from their existing shipping service to Oveldi providing a consolidation opportunity for Oveldi.
In addition to the commercial advantages EviCAT© delivers, it is also connected to the United States Department of Homeland Security and the United States Customs and Border Protection services, the European Economic Union's CCT (Common Customs and Tariffs) and the Canadian Border Services Agency, which are rapidly changing the laws governing inbound container shipments. Many countries, including China (which is the world's largest exporter of container goods) have agreed to comply with new regulations but are years away from complete compliance. Each manufacturer using EviCAT© can become fully compliant once the system is integrated with the CRM and manufacturing systems.
Oveldi's business is to provide foreign customers with complete transparency and the best shipping services at competitive market prices by using the world's most advanced production line and tracking software.
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