This morning Techlabs, Inc. (pinksheets: TCHL.PK) released an important
announcement regarding their companies share structure, reducing the
outstanding share count by more than half. Historically, this is a good
release from any company because it shows a lower market cap and less
shares in the public market. Make sure you add TCHL to your watchlist
today.

Techlabs, Inc. Announces Change in Capital Structure
Thursday April 3, 10:23 am ET

JENSEN BEACH, FL--(MARKET WIRE)--Apr 3, 2008 -- Techlabs, Inc. (Other
OTC:TCHL.PK - News) reported today that it has redeemed 50 million shares
of its outstanding common from its major shareholder stock resulting in
38,759,499 currently outstanding.

The Company further noted that it had been approached by several equity
funding sources and that the Company has declined all such offers. The
Company believes that its business model will be funded through more
traditional means.

For more information visit www.Techlabsinc.net

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Naked Stock Staff