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Thursday February 8

driversshield.com Will Not Reverse Split Its Stock

PLAINVIEW, N.Y. -- driversshield.com Corp. has announced that the Board of Directors has decided that it is not in the best interest of the Company to reverse split the Company's common stock. The reverse split was proposed in order to satisfy the Nasdaq continued listing requirements of having the closing bid price of the Company's common stock close at $1.00 or more for ten consecutive trading days. The Company will not be filing a Definitive Proxy with the SEC and no proxy will be mailed to shareholders.

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