WSTN Westlin Corp (CE)

Westlin Corporation (Pink Sheets:WSTN) announced today that the final departure agreements with former management have been completed. In summary, the changes include: -- Final settlement with John Jarvis and agreements for dismissal of all mutual lawsuits -- Settlement and departure of Peter Rospond -- Return of 26,550,000 shares from Jarvis and Rospond to the treasury -- Transfer of the web properties including Ikonboard, Top Site Lists, wwwresources, myikonboard, and howabout.net to Jarvis -- David Herr will assume the role of President -- John Foster, CPA will operate as Chief Financial Officer -- Several new board members will be announced shortly -- The annual shareholders meeting will be announced shortly to be held in Montgomery, Texas in December -- Commitment from management and the board to move the company to fully reporting status These changes will finally allow Westlin Corporation to focus on its core business without the distractions of legal matters. "I'm pleased that these agreements have finally been completed," stated David Herr. "We can now move forward with our carrier partnerships to move customers into the bunker and execute our business plan to provide Disaster Recovery and Business Continuity services. The Bunker offers a unique opportunity for businesses to protect their critical data, after the most active hurricane season on record in the Gulf Coast DR and BCP services are in the forefront of most business IT topics." About Westlin Corporation Based in Houston, Texas, Westlin Corporation (Pink Sheets:WSTN) is an Internet technology company engaged in Disaster Recovery and Business Continuity business lines. Its operation, located in a former Nuclear Fallout Shelter provides one of the most secure environments for on-line and near-line data storage, safe from natural disasters and terrorist acts. The Westlin Corp.'s web site is www.westlin.com. Forward-Looking Statements: Except for historical information contained herein, statements are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted projections. These risks and uncertainties include, among other things, energy market volatility, product demand, market competition, and risk inherent to the company's research and development operations.