COCKPIT COLLECTION LTD. CHANGES NAME TO CONTROL ZONE INTERACTIVE LTD. AND ENTERS INTO REVERSE TAKEOVER AGREEMENT WITH CDNX LISTED PACIFIC STRATUS VENTURES LTD.
VANCOUVER, BC - Cockpit Collection Ltd. today announced that it has changed its name to Control Zone Interactive Ltd. to reflect the company’s strategic development plan for it’s Keyboard Control Cover line of products.
By changing the company’s name to Control Zone Interactive Ltd., the company is establishing a new corporate image and branding to accurately reflect the overall ambitions of the company. This includes a new logo, packaging, sales literature and a new web site located at www.controlzoneinteractive.com
On September 20, 2000, the company entered into an agreement with Pacific Stratus Ventures Ltd. (PVL), a Canadian Venture Exchange (CDNX) listed public company in which PVL will purchase all the issued and outstanding shares of Control Zone Interactive Ltd. (CZI). The proposed acquisition of CZI by PVL will result in a reverse takeover (RTO) of PVL upon regulatory approval.
An equity financing by way of a private placement will also be completed for a minimum amount of $1,000,000 on or prior to the closing date. Canaccord Capital Corporation (Canaccord) is acting as Corporate Sponsor.
About Control Zone Interactive:
Control Zone Interactive Ltd. (CZI) is a local Vancouver company, founded in 1997, for the purpose of commercializing a unique and proprietary product that enhances the users’ experience for many of the most popular computer games in the market today. The product, known as "Keyboard Control Covers", consists of a series of graphically enhanced computer keyboard covers that are protected by design and utility patents and applications. Keyboard Control Covers are made from a soft elastomer thermoformed skin using a patented mold and fit over 90 percent of rectangular keyboards on the market. The skin is printed with highly detailed text and graphics, which are positioned exactly above the appropriate keys and allows the player to enjoy the game without flipping through game manuals or templates to find key commands.
CZI currently has over 20 game titles of the most popular PC flight simulation games and plans to expand with a new title every two weeks. Future releases will include action, adventure, strategy, role-playing and children PC games. Early in 2001 CZI plans to rollout a brand new line of keyboard covers for office software suites and later intends to launch a line of training and custom order, industry specific applications. The overlays can be purchased today online at Outpost.com, Chips & Bits Inc, PC Aviator (Australia & USA) and Simware in Belgium.
For more information contact:
Neil W. Humphrey
VP Marketing & Sales
Control Zone Interactive Ltd.
#103 - 980 West 1st Street
North Vancouver, BC V7P 3N4
Web Site: www.controlzoneinteractive.com