Korea M&A Corporation

DigiCurve, Inc. Signs Letter of Intent to Acquire Assets of Global Satellite Broadcasting Corporation of Thailand 본문

News/M&A

DigiCurve, Inc. Signs Letter of Intent to Acquire Assets of Global Satellite Broadcasting Corporation of Thailand

Korea M&A 2007. 3. 21. 11:56
DigiCurve, Inc. Broadens Product and Services Range with Asset Acquisition

LAS VEGAS--(BUSINESS WIRE)--DigiCurve, Inc. (OTCBB:DCUV - News), a multimedia producer and provider of online content, announced today that it has signed a Letter of Intent to purchase the assets of Global Satellite Broadcasting Corporation (GSBC) of Thailand in an all-stock transaction.

"We are very pleased to have the opportunity to acquire the assets GSBC," stated John Paul Erickson, President & CEO of DigiCurve, Inc. "This acquisition will provide our firm with a complementary mix of multimedia products and technologies that will enable us to broaden our global markets, product offerings and customer demographics."

It is anticipated that several key GSBC personnel will assist with the integration and implementation of GSBC's technologies moving forward.

"Over the past several years GSBC has developed and acquired the finest in available technologies for the delivery of the digital message," stated Ron Flynn, founder of GSBC. "The complement of our technologies with DigiCurve's current digital presence and experience will enable the Company to reach a greater global audience for its products. We remain very excited and optimistic on the future of our digital media offerings."

About GSBC

GSBC is a developer and provider of digital media content technologies and delivery systems. The Company's proven flagship product M-cast allows for the targeted scheduling and delivery of digital media across a multitude of media formats and hardware. The Company's delivery of messages, information and advertising "Digital Signage" has been deployed in a broad range of uses including retail POS, Casinos, and is capable of delivering the right message, at the right time and to the right person on almost any digital display.
Contact:

DigiCurve, Inc.
JP Erickson, President & CEO, 604-331-1459
corporate@digicurve.com
or
Global Satellite Broadcasting Corporation
Peter Smith
Peter.smith@gsbc-group.com
Comments