WECOSIGN Gets Green Light From SEC and FINRA to Trade as a Public Company

SANTA ANA, Calif., Feb. 16 /PRNewswire-FirstCall/ -- WECOSIGN (OTC Bulletin Board: WECS), the nation's premiere cosigning service has received the green light from FINRA (Financial Industry Regulatory Authority) and the SEC (Securities and Exchange Commission) to trade as a public company commencing February 17th 2010.

WECOSIGN helps fill vacancies in apartment complexes by cosigning on the leases of approved tenants, and the reviews from property managers and residents have been extremely positive.

Since operations began, the company's business model has come under intense scrutiny by FINRA and the SEC.  "These regulatory agencies have recently instituted a new set of standards for approving public companies, and they demand that you meet each and every requirement," says Carlos Padilla, CIO. "It was nothing short of climbing Mt. Everest, but we are very pleased to keep our promise to our investors and take the company public."

WECOSIGN began with a desire to help the less fortunate segments of the rental community, and has grown into a massive collaboration of philanthropy supported by realtors, property managers, and apartment owners across the country. It is the first company of its kind to be introduced to the SEC and FINRA, and it is likely the only one anywhere in the world that has ever been approved to trade publicly.

"We feel excited and relieved that this process is finalized, and now we can continue to focus on assisting all of those sincere and deserving people in need of quality rental housing," says Padilla. "The IPO process was long and costly, but being the first at something is always going to be a risk. However, as we move forward we are extremely proud of what we have accomplished and where we are heading as a company."

The broker for the initial IPO is Lighthouse Financial Group of New York and can be contacted at: (561)-962-4196 Mr. Ian Kass.

Certain statements in this communication may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements relate to a variety of matters, including but not limited to: the operations of the businesses of WECOSIGN Inc. separately and as an entity; the timing and consummation of any mentioned proposed transaction; the expected benefits of the integration of the company; the combined company's plans, objectives, expectations and intentions and other statements that are not historical fact. These statements are made on the basis of the current beliefs, expectations and assumptions of the management of WECOSIGN regarding future events and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date they are made. WECOSIGN neither undertakes, any obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Actual results may differ materially from those expressed or implied. SOURCE WECOSIGN Inc.

SOURCE WECOSIGN Inc.