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Press Release
Aug. 10, 2004 Shareholders Approve Kahuna Name Change to American Security
Resources Corporation
HOUSTON KAHUNA Network Security Inc. www.kahunans.com, announced
that it has received Board and shareholder approval to change its
name to American Security
Resources Corporation. The Company believes the new name more accurately
describes its business focus of acquiring select companies that
provide services and products for America's defense and homeland
security.
American Security Resources Corporation
American Security Resources Corporation, formerly known as: KAHUNA
Network Security Inc. ("KAHUNA" or "the company")
is actively seeking to acquire select companies providing homeland
security and national defense related products and services. Initiating
the implementation of its business plan, the company has executed
a Letter of Intent to acquire Systems Resource Management Inc.
a 25 year old, Rhode Island-based, defense project management and
IT firm whose largest customer is the Naval Undersea Warfare Center.
The company expects to announce additional acquisitions.
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.
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Contact:
American Security Resources Corporation, Houston
L. Edward Parker or Frank Neukomm, 713-465-1001
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Source: American Security Resources Corporation
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