SNM Global Launches International Licensing and Distribution Initiative
July 15 2010 - 9:00AM
Marketwired
SNM Global Holdings (PINKSHEETS: SNMN) announced today the official
launch of its International Licensing and Distribution Initiative
in advance of finalization of the Letter of Intent (LOI) with EQ-ip
Equities (EQ-ip), a private technology and licensing holding
company, to acquire, develop, distribute, and commercialize certain
technologies from its portfolio.
EQ-ip specializes in clean energy technologies and solutions for
emerging economies. SNM Global Holdings will acquire a portfolio of
nascent and commercial technologies and Intellectual Property
currently valued in excess of $49,000,000.
Final agreements shall be announced shortly alongside details of
the first assets acquired, developed and distributed.
The Company invites interested Licensing and Distribution
partners to apply through its Distribution Collaboration portal @
www.SNMNglobal.com.
The Agreement calls for the Company to acquire, develop, and
commercialize the EQ-ip technologies and Intellectual Property
through its pioneering MicroTechnology Transfer Program (mt2) and
MicroEquity Partner Program. The assets, technologies, and
solutions will be introduced into SNM Global's distribution network
for emerging market adaptation and introduction.
The newly acquired technologies and/or technology groups will be
placed in the appropriate stage of the Company's MicroTechnology
Transfer (mt2) Program and MicroEquity Partner Program.
SNM Global's MicroTechnology Transfer (mt2) Program and
MicroEquity Partner Program enable the acquisition, development,
and transfer of technologies that will provide for the betterment
of society and provide the catalyst for emerging markets to
leapfrog into the sustainable sectors that will drive the
twenty-first century.
In addition to its other vertical sectors, SNM Global Holdings
provides international emerging markets with alternative energy and
decentralized power production technologies. The company also
provides biotech and healthcare related assets and technology to
these markets.
The company believes its new and enhanced operational plan will
provide significant revenue, equity growth, and serve the
betterment of emerging economies.
The Company encourages collaboration with public, private and
institutional partners in all phases of the development and
technology transfer cycle; and accepts submissions from both
collaborative development, distribution and inventor partners
through the Collaboration Portal on its new website at
www.SNMNglobal.com.
The company anticipates numerous technology and operational
acquisitions and will continue to provide regular updates. The
Company will soon announce additional details alongside full
operational and financial disclosures.
About SNM Global Holdings
SNM Global Holdings (SNM Global) is a technology holding and
development company that invests in, acquires, and develops
Intellectual Property Assets and Operations in the
Clean/Alternative Energy, Biotech, Water and Better Health &
Living sectors adapted specifically for the emerging global
markets.
The Company realizes revenues from the distribution of its
technology, products, and solutions through its network of
international agents and distributors and through the licensing of
Intellectual Property through its innovative mt2 Program. The
Company provides its International MicroEquity Partner program to
our local partners in our target international markets. This
program provides initial funding to a community building and
life-enhancing organization. The Company sees profits through
equity ownership and sales and distribution of its technology and
solutions.
The company operates through its subsidiaries and various
distribution partners worldwide.
Safe Harbor
This release contains statements or projections regarding future
performance that is forward-looking statements as defined in the
Private Securities Litigation Reform Act of 1995. Actual results
may differ materially from those projected as a result of certain
risks and uncertainties. The company's filings contain various RISK
FACTORS (and are incorporated on the Company's website "Investors"
section by reference) and should be read before any investment
decision.
CONTACT: SNM Global Holdings St John's House London EC1V
4JL United Kingdom Tel Number: 020 7096 0200 Investor Relations:
1-(321)-251-6082 info@snmnglobal.com www.snmnglobal.com
SNM Global (CE) (USOTC:SNMN)
Historical Stock Chart
From Apr 2024 to May 2024
SNM Global (CE) (USOTC:SNMN)
Historical Stock Chart
From May 2023 to May 2024