AdPads Completes Reverse Merger to Become Public 692000

NJBIZ STAFF//August 9, 2005//

AdPads Completes Reverse Merger to Become Public 692000

NJBIZ STAFF//August 9, 2005//

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Matawan-based AdPads, a full service print and Internet marketing company, has become public by way of a reverse merger with Regents Road, an existing public corporation.

According to David I. Brownstein, president of the company, the reverse merger transaction was completed in less than three months. The company is listed on the OTC Bulletin Board under the symbol “APAD”.

Under the terms of the reverse merger, 100% of AdPads” assets were transferred to Regents Road, a shell corporation, in exchange for 16 million shares of common stock.

AdPads, founded in 1998, has developed and perfected a unique concept called the “AdPads Marketing System.” It consists of full-color advertisements displayed in high-traffic locations as well as on the Internet. AdPads also provides printing, direct mail, and marketing plans for businesses of all sizes.

The AdPads marketing system was recently introduced at the International Franchise Expo in Orlando, Florida. “We will be spending the next few months communicating with all the prospects generated by attending this show,” Brownstein said.

The founders of AdPads are David I. Brownstein, an Internet marketing and computer specialist, and Irwin Einbinder, a businessman. They have spent thepast two-and-a-half years developing strong management and perfecting the system. The company is currently seeking a COO to enhance its executive team. AdPads is also engaged in negotiations with several investment bankers for future capital expansion.