Complete Identity Signs Letter of Intent to Acquire WebTechTV
Coral Springs, FL, February 17, 2006 --(PR.com)-- Complete Identity, Inc. (OTC: CIDY.pk) today announced that they have signed a letter of intent to acquire WebTechTV of Fort Lauderdale.
Under the terms of the LOI, Complete Identity will acquire the assets and business of WebTechTV for cash and stock. WebTechTV President and Owner, Rich Rubin will join the Complete Identity staff and spearhead CI’s media-related initiatives.
“This is a great opportunity for Complete Identity as WebTechTV adds a lot of depth to our advertising and marketing offerings with their media-centric services,” said Mike Magolnick, President and CEO of Complete Identity. WebTechTV will add its TV production, advertising and online media services to Complete Identity’s existing robust service offerings.
About Complete Identity
Complete Identity is a professional business services company that offers identity & branding services, printing services and business planning services.
About WebTechTV
WebTechTV is a media services company that offers media productions services as well as a suite of custom advertising services.
For more information:
Peter Miller
800.430.4990
Forward-Looking Statements: This press release may contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the current expectations of the management of Complete Identity, Inc. only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, factors detailed in the Company's Securities and Exchange Commission filings; economic downturns affecting the operations of the Company, and the need for adequate financing to achieve the new strategic plans and to complete management's overall plans and objectives. Complete Identity, Inc. undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risk and uncertainties affecting Complete Identity, Inc., reference is made to Complete Identity, Inc.‘s reports filed from time to time with the Securities and Exchange Commission.
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Under the terms of the LOI, Complete Identity will acquire the assets and business of WebTechTV for cash and stock. WebTechTV President and Owner, Rich Rubin will join the Complete Identity staff and spearhead CI’s media-related initiatives.
“This is a great opportunity for Complete Identity as WebTechTV adds a lot of depth to our advertising and marketing offerings with their media-centric services,” said Mike Magolnick, President and CEO of Complete Identity. WebTechTV will add its TV production, advertising and online media services to Complete Identity’s existing robust service offerings.
About Complete Identity
Complete Identity is a professional business services company that offers identity & branding services, printing services and business planning services.
About WebTechTV
WebTechTV is a media services company that offers media productions services as well as a suite of custom advertising services.
For more information:
Peter Miller
800.430.4990
Forward-Looking Statements: This press release may contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the current expectations of the management of Complete Identity, Inc. only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, factors detailed in the Company's Securities and Exchange Commission filings; economic downturns affecting the operations of the Company, and the need for adequate financing to achieve the new strategic plans and to complete management's overall plans and objectives. Complete Identity, Inc. undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risk and uncertainties affecting Complete Identity, Inc., reference is made to Complete Identity, Inc.‘s reports filed from time to time with the Securities and Exchange Commission.
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Contact
Complete Identity
Mike Magolnick
954-255-2235
Contact
Mike Magolnick
954-255-2235
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