EPOD Announces Share Buy-Back

September 11, 2006

EPOD International Inc. (the “Company,” “EPOD”) (OTCBB: EPOI) (FRANKFURT: EDU), a Grid-Integrated, eco-power utility and electric power systems provider, announces the Company intends to initiate a share buy-back of its common stock.Management announces the Board of Directors has approved a buy-back of EPOD’s common shares under a normal course issuer bid. The Company intends to purchase for cancellation, if it considers it advisable to do so, up to a maximum of ten (10) million of the Company’s common shares. The share buy-back, representing up to 21% of the Company’s issued and outstanding share position, will begin immediately upon receipt of the necessary regulatory approvals. 

The price at which the Company will purchase such shares will be the market price at the time of any particular transaction.

L. Mark Roseborough
President
EPOD International Inc.

“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: Statements about EPOD’s future expectations, including future revenue, earnings, and transactions, as well as all other statements in this press release other than historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. EPOD intends that such forward-looking statements be subject to the safe harbors created thereby. These statements involve risks and uncertainties that are detailed from time to time in the Company’s filings with the Securities and Exchange Commission, including, but not limited to, the Company’s 10-KSB for year ended December 31, 2005 filed on or about April 17, 2006, and incorporated herein by reference.About EPOD: EPOD is a Grid-Integrated, eco-power utility and electric power systems provider. The Company’s operations include the engineering and construction of turnkey factories for solar panel production and material handling systems. Additionally, the Company has subsidiaries involved in the manufacturing of inverters, rectifiers, energy management systems, and solar panels.

The Company’s filings, including current financial reports, can be accessed through the EDGAR database at www.sec.gov.

For more information please contact:
Brett Walker
Telephone: (250) 807-2211
Fax: (250) 491-4279

SOURCE:  EPOD International Inc.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: