Epic Fusion Announces Year-end Results

VANCOUVER, BC / ACCESSWIRE / April 30, 2015 / Epic Fusion Corp (the “Company” or “Epic Fusion”) today announced the results of operations for the year ended December 31, 2014.

Highlights for the Year

– Full year revenue in China operations grew by 129% from $1,311,489 to $3,009,821 (taking into account the unaudited revenue from China operations from the Company’s predecessor company during the pre-incorporation period of January 1 to May 5, 2013);

– Company achieved its first-ever quarterly profitability in the 4th Quarter;

– Company’s joint venture signed its first aerospace industry contract in China with Shenyang Aircraft; and

– $1 million equity financing completed with new Hong Kong investor.

Below is selected information derived from the consolidated financial statements for the period ended December 31, 2014 which have been prepared in accordance with IFRS.

Detailed information including Epic Fusion’s 2014 Annual Report, Management Discussion and Analysis and Financial Statements have been filed with SEDAR and will be accessible at www.sedar.com.

About Epic Fusion

Epic Fusion is a technology company with business operations in the People’s Republic of China. Through Epic-Hust Technology (Wuhan) Co., Ltd., the Company’s joint venture company with Huazhong University of Science & Technology, the Company develops and markets manufacturing operations management systems for aerospace, automotive and heavy equipment manufacturers. Key customers in China include JAC Motors, JAC Navistar, AVIC Shenyang Aircraft Corp. and Shaanxi Heavy Truck.

More information about Epic Fusion is available at www.epicfusion.com. More information about Epic-Hust Technology is available at www.epichust.com.

Caution Regarding Forward-looking Statements

In this document and in other documents filed with Canadian regulatory authorities or in other communications, the Company may from time to time make written or oral forward-looking statements within the meaning of applicable securities legislation, including statements regarding the Company’s business plans and financial objectives. These statements typically use words such as prospects, believe, estimate, forecast, project, expect, anticipate, plan, may, should, could and would, or the negative of these terms, variations thereof or similar terminology. By their very nature, forward-looking statements are based on assumptions and involve inherent risks and uncertainties, both general and specific in nature. It is therefore possible that the forecasts, projections and other forward-looking statements will not be achieved or will prove inaccurate. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, it provides no assurance that these expectations will prove to have been correct. The Company cautions readers against placing undue reliance on forward-looking statements when making decisions, as the actual results could differ considerably from the opinions, plans, objectives, expectations, forecasts, estimates and intentions expressed in such forward-looking statements due to various material factors. Among other things, these factors include fiscal and economic policies, changes in interest and foreign exchange rates, and general economic conditions, legislative and regulatory developments, competition and access to capital. The Company further cautions that the foregoing list of factors is not exhaustive. For more information on the risks, uncertainties and assumptions that would cause the Company’s actual results to differ from current expectations, please also refer to the Company’s public filings available at www.sedar.com. The Company does not undertake to update any forward-looking statements, whether oral or written, made by itself or on its behalf, except to the extent required by securities regulations.

For Information contact:

Robert Nygren
President & CEO
nygren@epicfusion.com
604-218-5788

SOURCE: Epic Fusion Corp 

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