LAS VEGAS, NV--(Marketwire -04/27/12)- National Automation Services, Inc. ("NAS") (www.nasautomation.com) (NASV.PK - News) (NASV.PK - News) today announced that they have secured the shareholder votes necessary to allow for the increase in authorized shares of common stock per the Form 14A Information Statement submitted to the Securities and Exchange Commission on March 19, 2012. The second proposal, to create a class of preferred stock, was not approved.
Dayv Marlow, Vice-President, stated, "The increase in authorized common shares provides the ability for the Company to move forward with our business plan. I appreciate the Shareholder's understanding of our needs and our potential for growth. I want to personally thank them for their continuing support of NAS."
About National Automation Services, Inc.:
National Automation Services, Inc., a holding company headquartered in Nevada, manages subsidiaries and divisions providing design, equipment and servicing to the industrial marketplace. View our technical skills, project history, and key personnel at www.NASAutomation.com.
FORWARD-LOOKING STATEMENT: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the ability to obtain the additional working capital which NAS needs; the ability to locate suitable companies to acquire and then integrate such acquired companies, if any; the ability to retain key employees; the ability to successfully combine product offerings and customer acceptance of combined products; general market conditions; changes to operating systems and product strategy by vendors of operating systems, and whether NAS can successfully gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release. References herein to "NAS", "National Automation Services", "the Company", "we", "our" and similar words or phrases are references to National Automation Services, Inc., unless the context otherwise requires.