Business Services Industry

Kahuna Network Security Inc. Begins Trading With Symbol: KHNA

Business Wire, Jan 27, 2004

Business Editors

HOUSTON--(BUSINESS WIRE)--Jan. 27, 2004

Kahuna Network Security Inc.(OTCBB:KHNA), formerly Computer Automation Systems Inc., (OTCBB:CASX), today announced that it has begun trading under the symbol: KHNA on the OTC Bulletin Board. Kahuna also announced that its common stock will be identified with the new CUSIP number of: 482895109.

Effective Jan. 20, 2004, pursuant to a vote of its board and majority shareholders, CASX reduced the number of its outstanding shares through a reverse split of its common 1 for 4; increased the number of authorized common shares from 15,000,000 to 200,000,000; and authorized preferred shares were reduced from 5,000,000 to 1,000,000. Simultaneously the company changed its name to: "Kahuna Network Security Inc."

Kahuna Network Security Inc.

Kahuna Network Security Inc. ("Kahuna" or "the company") is an acquisition vehicle. The company is actively seeking to acquire companies providing virtual and physical security services including network security companies; software and appliance solution providers, and companies providing homeland security; transportation security administration, and FSS Contracts.

Safe Harbor Statement

This news release contains certain "forward-looking statements" within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934. Although the Company believes the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that results will meet or exceed such expectations.

COPYRIGHT 2004 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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