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WECOSIGN Issues Subpoenas to Identify Individuals Posting Inaccurate Allegations Concerning WECOSIGN's Business Practices


News provided by

WECOSIGN Inc.

Sep 29, 2010, 09:00 ET

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SANTA ANA, Calif., Sept. 29 /PRNewswire/ -- WECOSIGN, Inc. (OTC Bulletin Board Symbol: WECS, www.wecosign.com) CIO Carlos Padilla announced today that the firm, through its attorneys, has served several subpoenas to identify a person making Internet postings under the name "Jim Brown." These postings, which appeared on several websites, falsely allege that WECOSIGN made racist remarks in an email and that WECOSIGN refused to refund an application fee.

"We are not going to tolerate this type of conduct," said Padilla. "We have worked too hard to earn our stellar reputation. These statements are absolutely false, and the scenario is fabricated. In fact, we have never had an applicant named Jim Brown," stated Padilla. "We have commenced an investigation to identity the perpetrator involved in this matter, and we hope shortly to  confirm  the origin  of the  'Jim  Brown' postings. Our investigation  will  include inquiries into the digital fingerprints that these individuals created when they made these allegations, which we regard as defamatory."

WECOSIGN has already helped hundreds of its clients by acting as a guarantor on their rental applications, thereby permitting them to rent properties from landlords that would otherwise deny their applications. "WECOSIGN has always been responsive to customer feedback, and if clients have a problem with something that we have done, then we ask them to bring it to our attention and we will make it right," said Padilla. "We have worked very hard over the past several years to establish WECOSIGN's excellent reputation, and we are committed to ensuring that our goodwill is not unfairly tarnished. We will not sit idly by when others attempt to injure our business.   Since WECOSIGN's inception, we have prided ourselves on our reputation and honesty in dealing with clients.   We will not and cannot allow others to post false allegations about our firm and its business. Ultimately," says Padilla, "we are motivated by doing what is right and helping our clients."

SOURCE WECOSIGN Inc.

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