Worldwide Portfolio Company Completes Acquisition of I-Texts
March 25 2014 - 3:00PM
Marketwired
Worldwide Portfolio Company Completes Acquisition of I-Texts
NEW YORK, NY--(Marketwired - Mar 25, 2014) - Worldwide Internet,
Inc. (OTC Pink: WNTR) (PINKSHEETS: WNTR) announced today that its
portfolio company Global Marketing Services and its investors have
completed the acquisition of majority control of I-Texts, Inc.
(www.i-texts.com).
In addition I-Texts, Inc. has signed an agreement with a global
technology services company to provide support services and assist
in development of new services for its technology platform.
I-Texts has more than 300 charities, 400 independent
representatives and 12,500 active supporters in its database. The
company is now ready for advertisers to be able to reach the loyal
supporters of the charities with offers that will benefit the
supporters and the charities. The market for mobile advertising is
expected to exceed $75 Billion dollars in 2015.
Frank Kristan, President of Worldwide Internet,
Inc., stated that: "We are excited about our investment in the
mobile advertising space that will increase our shareholder asset
value and provide dividends for our shareholders."
About I-Texts, Inc.
I-Texts (www.i-texts.com) has developed a state of the art
software platform to address all critical needs, such as: business
management, information management, compliance and risk mitigation.
In addition to the software platform is the latest in security
programming to ensure our clients' information is 100% secure
including dedicated servers and a state of the art back-up
system.
FORWARD-LOOKING STATEMENTS:
This press release may contain "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995. Statements other than statements of historical facts
included in this press release may constitute forward-looking
statements and are not guarantees of future performance or results
and involve a number of risks and uncertainties. Actual results may
differ materially from those expressed or implied in the
forward-looking statements as a result of a number of factors,
including those described from time to time in filings with the OTC
Markets and. undertakes no duty to update any forward-looking
statement made herein. All forward-looking statements speak only as
of the date of this press release.
Contact: Frank Kristan frankkristan@worldwideinternetinc.com
Phone/Fax: (206) 984-3470