HE-5 Resources Corp. (Other OTC: HRRN) would like to inform its shareholders that the board of directors has realized that the company is possibly being the subject of an aggressive hostile takeover. The company is in a dual situation and the board will convene today with legal counsel and decide on which course of action to undertake. One option would be to put in place a plan to buy back HE-5 Resources shares, while the alternative would be to sell one of our software platforms.

Thus we would pursue the interest that has been shown, for we have been approached by a private company which is considering offering a letter of intent (LOI). This proposal will be contingent on their board approval, which is meeting this Thursday, April 29th.

The LOI will define the financial implications being discussed, in which capacity the proposed offer would impact HE-5 Resources and the timing of the commencement of the next round of discussions. The business agreement contemplated is subject to negotiation and execution of a definitive written agreement. Upon receipt of a formal LOI, the board will take a decision in the best interest of our shareholders and we will be pleased to disclose further details.

About us

We are a developing service company, offering innovative and proprietary software solutions. Our integrated software suite Triple Crown CRM was designed for the needs of individuals and companies, in order to improve productivity of the “front and back office operations,” (e.g. sales, billing, marketing, financials, e-mails, etc…). Since it will be sold as SaaS (Software as a Service), cloud computing will provide the insight, technology, and synergy to efficiently support the functions of your systems and operations!

Our business is to make yours successful!

For more information:

HE-5 Resources Corporation website: www.HE-5resourcescorp.com

Triple Crown CRM website: www.triplecrowncrm.com

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