Digital Caddies, Inc. (the “Company”) (OTC PINK: CADY) – a pioneer in providing cloud-based content and media solutions for golfers and golf courses – announced that on August 24, 2017, the Board of Directors and majority of shareholders approved: (i) a name change of the Company from Digital Caddies, Inc. to IZON Network, Inc., (ii) a change in the Company’s ticker symbol from “CADY” to “IZON” – or, if unavailable, to “IZNN” or “IZZN” – subject to approval by FINRA, (iii) a change in the Company’s common stock par value from $0.001 to $0.0001, and (iv) an increase in the Company’s authorized capital stock from 250,000,000 shares to 1,250,000,000 shares consisting of: (i) 1,225,000,000 shares of common stock, par value $0.0001 per share and (ii) 25,000,000 shares of preferred stock, par value $0.0001 per share. In order to complete the foregoing actions, the Company is filing an amendment to the Company’s Articles of Incorporation and will announce the new ticker symbol upon receiving approval by FINRA.
IZON Network reflects the Company’s proprietary tablet-based technology platform that provides golfers and golf courses with a wealth of application and services that heighten the golfing experience and provides the golf course with many valuable operating tools. The technology promotes interaction between golfers and the tablet, as well as direct interaction between golf course operators and advertisers with golfers.
In the wake of the recent merger and these changes, the Company is excited to continue growing IZON Network and providing golfers and golf courses with dynamic new content to enhance the golfing experience.
About IZON Network
IZON Network is an innovator in creating the ultimate digital marketing and GPS platform for the golf industry. For more information, visit www.izonnetwork.com
Contact
Jeff Hosek
Chief Executive Officer
480.428.1359 | jeff@izonnetwork.com
Forward-Looking Statements
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of IZON Network, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond IZON Network, Inc.'s ability to control, and actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in IZON Network, Inc.'s filings with the Securities and Exchange Commission.