COUNCIL BLUFFS, Iowa, Aug. 4/PRNewswire-FirstCall/ -- URON Inc. (OTC
Bulletin Board: URRN.OB), a Minnesota corporation (the "Company"), announced
today that its board of directors has approved a change in the Company's name
to "Western Capital Resources, Inc.," and that appropriate documents affecting
the name change have been filed with the Minnesota Secretary of State. The
Company has notified Nasdaq Market Operations of the name change and expects
to receive a new ticker symbol for its common stock on the OTCBB shortly.
The board of directors approved the name change to better reflect the
Company's current business of cash advance lending, together with its focus on
diversifying the existing business to include other financial enterprises.
"The name change effected today is a major step in the progression of Western
Capital Resources as a corporation," stated Christopher Larson, the Company's
President and Chief Executive Officer. "We believe that this name is
reflective of both our current geographic focus and our broader hopes for
growing the Company's financial business."
The Company engaged in a merger transaction with Wyoming Financial
Lenders, Inc., a Wyoming corporation, on December 31, 2007. Since that time,
the cash advance lending business of Wyoming Financial Lenders has been the
main business of the Company, but the Company has continued to operate under
its former name (URON Inc.). Since the merger, the Company has grown,
primarily through small acquisitions, to add ten new cash advance and title
lending stores.
About Western Capital Resources, Inc.
Western Capital Resources, Inc. presently operates 61 cash advance lending
stores in 11 different states, including Arizona, Nebraska, Iowa, North
Dakota, South Dakota, Wyoming, Montana, Kansas, Colorado, Wisconsin and Utah.
The Company provides customers with short-term cash advance loans, typically
ranging from $100 to $500, in addition to ancillary consumer financial
products and services that are complementary to the cash advance lending
business, such as check-cashing services, money transfers and money orders.
Western Capital Resources is an over-the-counter bulletin board-listed company
that files periodic disclosure reports with the United States Securities and
Exchange Commission.
Forward-Looking Statements
This press release contains certain statements that are "forward-looking
statements" and includes, among other things, discussions and disclosures of
the business strategies and corporate and marketing identity of Western
Capital Resources, Inc. Words such as, but not limited to, "may," "likely,"
"anticipate," "expect" and "believes" generally indicate forward-looking
statements. Although the Company believes that the expectations reflected in
these forward-looking statements are generally reasonable, it can give no
assurance that such expectations will ultimately prove to be correct or
materialize. All phases of the Company's operations and business are subject
to a number of uncertainties, risks and other influences, most of which are
outside its control, and any one or combination of which could materially and
adversely affect the results of the Company's operations, and whether any
forward-looking statements contained herein ultimately prove to be accurate.
SOURCE URON Inc.
Christopher Larson, Chief Executive Officer, Western Capital Resources, Inc.,
+1-712-322-4020
