Diet Coffee announces name change to Zevotek

Jun 30, 2008 (Datamonitor via COMTEX) -- DCFFE | Quote | Chart | News | PowerRating -- Diet Coffee has announced a corporate name change to Zevotek. The company said that this signals a new beginning for the organization which has completed a corporate restructuring and a successful integration of worldwide, exclusive marketing and distribution rights to the Ionic Bulb, which it acquired earlier in 2008.

Adam Engel, CEO of Zevotek, said: "As a result of the Ionic Bulb rights, we believe that the name Diet Coffee is no longer indicative of who we are as an organization. This, combined with our fresh approach and new direction, was the right time to introduce Zevotek to reinforce our commitment to this long-term strategy.

"We look forward to introducing new and exciting products to the ionic line under this new name. We also expect new domestic as well as foreign contracts to be announced in the near future."

In addition, the company said that its management has taken the necessary steps to consummate a reverse split of its common stock at a ratio of one-for-50 as part of its future recapitalization strategy.

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