Andiamo Corporation (ANDI) Completes Acquisition of an Inc. 500 Rated Company
03 Octubre 2012 - 8:40AM
Marketwired
Andiamo Corporation (PINKSHEETS: ANDI) has completed the purchase
of Digispace, an Inc. 500 award winning company. This company was
founded in 2002 and ranked on the prestigious Inc. 500 list in 2010
and in the top 800 in 2011.
Digispace is best known for its launch of the Magic Bullet
System in 2010 and a second release in 2011. The initial Magic
Bullet System grossed over $5.1 million in sales in just about 48
hours. The second release, in 2011 produced an additional $3.3
million in sales.
Digispace
MagicBulletSystem
"Combining the best parts of Digispace and MBS will create a new
launch product that will be the leader in the industry. Our
programmers are already making good progress. We will be announcing
a conference call, to provide further details.
"There are around 3000 previous clients of MBS that should
embrace this new monthly subscription platform. Additionally, we
have acquired the prospect list of approximately 20,000 registrants
from the initial MBS launches. We feel that by changing this to a
monthly subscription, we will be able to capture a much higher
number than when the product was priced at a one time fee of nearly
$3000. MBS has had success in over 50 countries, which further
enhances our international vision.
"We have very high expectations with this acquisition as it
brings unique, product launch methodology along with specific
technologies that focus on web-based, social media and app tracking
analytics coupled with advertising strategies and social media
solutions. This company will complement our existing App business
as we look to expand our monthly income and profits by providing a
subscription-based recurring revenue model for both web and app
based users," said Dustin Secor, CEO.
Through this acquisition, none of the previously publicly
disclosed Digispace debt was assumed by Andiamo.
About Andiamo Corporation:
ActionApp is currently expanding their popular and profitable
inventory of apps in rapid fashion across Apple and Android having
reached a short term goal of 500 apps in their portfolio, with 1000
Apps set for a longer term goal. ActionApp has exceeded 17 million
downloads and is now using that experience to expand into other web
and app based opportunities.
www.action-app.com
Safe Harbor Statement at www.action-app.com/statement/
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Investor Relations Contact: Equiti-trend Advisors, LLC (800)
953-3350
Andiamo (CE) (USOTC:ANDI)
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