SEATTLE, Oct. 1, 2012 /PRNewswire/ -- 5BARz
International Inc. (OTCBB: BARZ), (Boerse- Berlin: O5B),
(www.5BARz.com) ("5BARz" or "the Company").
5BARz International Inc. is pleased to announce the engagement
of NMS Capital Securities, LLC a registered broker dealer with
principle offices in Los Angeles,
California, to an exclusive investment banking and financial
advisory services agreement. Founded in 2000, NMS provides
investment banking and advisory services including M&A,
Corporate Finance and Strategic Advisory services to both public
and private clients located in the United
States, Asia and
Europe.
The initial scope of the investment banking services to be
provided to the Company, shall include advising on the capital
raising efforts including the company's initial convertible debt
offering of $2,500,000 (two million
five hundred thousand dollars). (Not to be considered an
offer or solicitation/qualified QIBS only)
Mr. Daniel Bland, president and
CEO of the Company states, "The engagement of NMS Capital
Securities represents a significant milestone in the Company's
development, and further validates the intrinsic value of the 5BARz
business to stakeholders. We appreciate the insights and commitment
of Mr. Trevor M. Saliba and the NMS
team. We consider their involvement to be a catalyst to
accelerate growth in the capital raising process required to deploy
a successful launch of the Company's products globally.
Mr. Trevor M. Saliba, the
Chairman of NMS, states that, "We believe that it is important
potential investors understand the very unique opportunity
inherent in the 5BARz International Inc., business. Not only
do we believe the Company is currently poised for near term
revenue upon meeting strategic milestones, but the scope and
magnitude of this opportunity is somewhat unprecedented in the
sense that we feel their product has global appeal in the wireless
sector. Our primary focus is completing the capital raise as
these investment dollars provide the company's working capital to
complete its immediate business objectives.
5BARz International Inc.
5BARz International Inc. along with its consolidated
subsidiaries are in the process of developing the global
commercialization of a patented product technology branded under
the name 5BARz™ .
5BARz™ is a cellular network infrastructure device for use in
the small office, home and market places. 5BARz™ incorporates a
patented technology to create a highly engineered, single-piece,
plug 'n play unit that strengthens weak cellular signals to deliver
high quality signals for voice, data and video reception on cell
phones and other cellular equipped devices. 5BARz™
represents a key solution for cellular network operators in
providing clear, high quality signal for their subscribers with a
growing need for high quality connectivity.
5BARz International Inc.'s shares are publicly traded on the
OTCBB under the ticker symbol BARZ in the US and on the Berlin
Stock Exchange (www.boerse-berlin.com) under symbol "O5B.")
On behalf of the Board of Directors
"Mr. Daniel Bland" CEO &
Director
5BARz International Inc.
Legal Notice Regarding Forward-Looking Statements
The information contained in this release consists of
forward-looking statements within the meaning of Section 27A of the
Securities Act and Section 21E of the Exchange Act. These
statements may involve risks and uncertainties that could cause
actual results to differ materially from those described in such
statements. Such forward -- looking statements involve known and
unknown risks and uncertainties, including all business
uncertainties relating to product development, marketing, market
acceptance, future capital requirements, and competition in general
that may cause actual results to be materially different from those
described herein as anticipated, believed, estimated or expected.
The Company is under no obligation to (and expressly disclaims any
such obligation to) update or alter its forward -- looking
statements whether as a result of new information, future events or
otherwise.
Contact:
Investor Relations
1-877-723-7255
IR@5BARz.com
SOURCE 5BARz International Inc.