Espo East Corp. Announces Name Change and Spin Off

AMAGANSETT, N.Y., June 7, 2011 /PRNewswire/ -- Espo Surf Corp., Espo East Corp. (OTC: EPRP) and Paradigm System Solutions Inc. (OTC: PSYS) announced today the change in control, spin off, name and symbol change of Espo East Corp. (EPRP) to Paradigm System Solutions Inc. (PSYS) effective June 7, 2011. The retail and wholesale sporting goods business of Espo East Corp. has been spun off to Espo Surf Corp. with the record date of May 26, 2011, payment date of May 27, 2011.

Paradigm System Solutions Inc. is a value added distributor of computer systems for strategic business applications. www.paradigmssi.com  

Espo Surf Corp. is a retail and wholesale of action sporting goods. www.27surf.com  

This press release may contain forward-looking statements. Such forward-looking statements are not guarantees and are subject to risks and uncertainties that could cause actual results and company plans and objectives to differ materially from those expressed in the forward-looking statements.

SOURCE Espo Surf Corp.; Espo East Corp.; Paradigm System Solutions Inc.