TORONTO, April 19 /PRNewswire-FirstCall/ -- Soficap Acquisitions Inc. (TSX/NEX: SOF.H) announced today that it has retained the New Jersey-based law firm of Anslow & Jaclin, LLP to file a 15c211, which upon NASD approval will allow its shares to be traded in the U.S. Once the 15c211 is accepted by the NASD, Anslow & Jaclin, LLP will proceed with the filing of an SB2 to be a fully reporting company in the U.S. as they are in Canada. Butch Carter, President of Soficap, said, "Having our shares trade in the U.S. will expose our company to the investment community and allow us to seek a listing on a senior exchange. In addition, our company is poised to make a major step forward in our business plan by soon completing the acquisition of 2088343 Ontario Ltd. DBA Carter Group (CG) which was announced last week." 2088343 Ontario Ltd. has majority control of CG, a North American designer, developer and manufacturer of linear and pulse width power control modules for automotive HVAC (heating, ventilation and air conditioning) systems. CG generated in excess of US $15,000,000 in annual gross revenue in 2005. During fiscal 2006 the company anticipates further revenue growth with the diversification of its target markets, which include the automotive aftermarket for its current products. The Management of CG successfully negotiated a new four (4) year contract with Delphi that has a post petition status which is not subject to Delphi's bankruptcy proceedings. About Carter Group Carter Group owns a substantial proprietary intellectual property portfolio including patented technologies and is an established supplier to the automotive industry. The main customer of CG is Delphi (http://www.delphi.com/) and its products are featured in the following General Motors models; Silverado, Tahoe, Suburban, Trailblazer, Sierra, Yukon, Envoy, Bravada, Impala, Grand Prix, Escalade, Malibu and the Hummer H2. Expansion plans for the CG include potentially marketing their products to Toyota Motor Manufacturing (http://www.toyota.com/), DaimlerChrysler AG, (http://www.daimlerchrysler.com/) and Renault (http://www.renault.com/). About Soficap Acquisitions Inc. Soficap Acquisitions Inc. is a capital pool company listed on the TSX Venture Exchange seeking commercial opportunities in support of its mandate to maximize shareholder value. Soficap will continue to seek business opportunities which potentially can provide significant value to the overall financial performance of the company. This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of wireless networks or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and Sedar filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law. DATASOURCE: Soficap Acquisitions Inc. CONTACT: Butch Carter, CEO of Soficap Acquisitions Inc., +1-416-203-2442, or Web site: http://www.soficap.com/

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