W Technologies, Inc. Expands Its Presence in the Digital Signage Market
August 12 2013 - 8:30AM
Marketwired
W Technologies, Inc. (PINKSHEETS: WTCG), announced today that it
has completed a transaction whereby it acquired all of the issued
and outstanding stock of AdMedia Group, Inc., with which it
previously had a Joint Venture Agreement with. The Orange County,
CA - based AdMedia Group, Inc. will operate as a wholly owned
subsidiary of the Company.
AdMedia Group, Inc. is engaged in the digital advertising
distribution market. It has implemented a unique advertising
delivery system, through the placement of its systems in locations
with high-traffic viewership, tested response recognition rates and
interaction with multiple advertisers.
About W Technologies, Inc.
W Technologies, Inc. and its subsidiaries, SoMo Technologies,
Inc. and AdMedia Group, Inc., offer their clients a comprehensive
development strategy of integrated technology-based,
cross-sectional marketing to potentially increase their exposure
and revenue. Headed by a professional management team with
worldwide experience, the Company provides unique effective and
economic turnkey solutions for client media and marketing solutions
to drive revenue to our business clients' bottom line profit.
Precautionary and Forward-Looking
Statements This release contains "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, and such forward-looking statements are made pursuant to
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. "Forward looking statements" describe future
expectations, plans, results, or strategies and are generally
preceded by words such as "may," "future," "plan" or "planned,"
"will" or "should," "expected," "anticipates," "draft,"
"eventually" or "projected." You are cautioned that such statements
are subject to a multitude or risks and uncertainties that could
cause future circumstances, events, or results to differ materially
from those projected in the forward-looking statements, including
the risks that actual results may differ materially from those
projected in the forward-looking statements as a result of various
factors, and other risks identified in the Company's disclosures or
filings with OTC Markets, Inc. You are further cautioned that
stocks of smaller companies like W Technologies, Inc. are
inherently volatile and risky and that no investor should buy this
stock unless they can afford the loss of their entire
investment.
Contact: W Technologies, Inc. Investor Relations
800-850-9601