3D ENTERTAINMENT Holdings Inc.

 

Cheyenne, WY -- August 5th, 2015 -- 3D Entertainment Holdings, Inc. a Wyoming Corporation dba 3D Eye Solutions Inc (OTC Pinks: TDEY)

 

TDEY and Oak River Technology (ORT) announce the signing of a Definitive Merger Agreement. TDEY and Oak River Technology have signed a merger agreement which will allow Oak River Technology to continue its operations as a subsidiary of TDEY with the CEO of ORT, Ken Linduff, managing and operating the company.

 

Oak River Technology (ORT) specializes in individual and group payment, collections and remittance solutions. ORT unique solutions have significantly reduced the cost to the public for Payroll Deductions, Automatic Deductions from Checking Accounts. As importantly, the cost to the creditor is also reduced with additional benefits. Creditors now can receive one payment with a reconciliation report for numerous individuals versus single account information requiring costly labor, systems to reconcile. ORT has impacted numerous business verticals such as Internet Gambling, Insurance Products and Travel Industry and continues to rapidly expand into other markets. The ORT solution allows for very low cost implementation and a simple interface for both the purchasing party and the creditor. There are systems to interface with or learn. We have created a simple process driven versus technology solution that results in a much lower cost for services utilized by the majority of transactions around the world today said Kent Linduff Oak River CEO.

 

Kent Linduff CEO of ORT has an extensive technology background reaching over 40 years; from Telecommunications Group Director of Invensys Plc of London, UK, to most recently CEO of ENDCO Inc. In 2002 Linduff created a solution which allowed multiple systems to share data resulting in a $42MM per annum savings for Zurichs Farmers Insurance. Linduff is a Six Sigma Black Belt and utilizes Six Sigma methodologies for maximum profitability of all companies he associates with.

 

Oak River Technology anticipates the signing of several agreements with major insurance companies to provide billing and reconciliation services. These agreements will make Oak River Technology one of the leaders in the financial collections, remittance services based on volume.

 

Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results. Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.