CHICAGO, IL--(Marketwired - Oct 9, 2017)
- Alliance Creative Group, Inc.
(AllianceCreativeGroup.com) (OTC PINK: ACGX) is pleased to
announce that software company, PeopleVine, has been spun off into
its own private Delaware Corporation.
The new company will start with 2 board members, Jordan Gilman
and Paul Sorkin. Alliance Creative Group, Inc. has been the
sole investor to date and has invested $700,000 in cash and
services since 2015 and will be a shareholder of the new
Corporation. The same two original founders of PeopleVine are
also shareholders of the new corporation.
Alliance Creative Group, Inc. (Stock symbol ACGX) currently owns
3,364,375 shares of the new private corporation with a current
value of $.50 per share based on the price of the last investment
into the new company.
PeopleVine will continue discussions and possible partnerships,
investments, and strategic alliances with multiple potential
parties.
President and Founder of PeopleVine, Jordan Gilman, said,
"Alliance Creative Group has been an amazing partner. Their
team and capital have helped us create a significantly improved
platform with even more advanced features in our all-in-one CRM
marketing platform. This new structure will allow us to have
more focused conversations with potential investors and partners
and hopefully allow us to grow faster."
Paul Sorkin, COO and General Counsel of Alliance Creative Group
and PeopleVine, said, "Our original goals with PeopleVine included
improving the overall UI/UX experience, adding clients, and
increasing the number of useful features in the
platform. After accomplishing those goals we have been
evaluating multiple ways to accelerate the growth and traction and
secure strategic partnerships with people with industry experience
and additional resources to help elevate us to the next
level. As for ACGX, our higher priorities have included
reducing our debt and dilution while positioning ourselves for more
increased growth without the need for substantial share
dilution. This new structure allows us to attract more
relevant and specific strategic partners without having to issue
the new investors or partners any convertible debt or having to
issue them more ACGX shares."
About Alliance Creative Group, Inc.
Alliance Creative Group, Inc. (Stock Symbol: ACGX) is a
full-service product-development agency that since 1997 has been
helping clients connect their products and services to their
customers. ACG focuses on creative and design services, printing
and packaging, brand and product development, fulfillment,
logistics and transportation, strategic consulting, digital
marketing and engagement, and software development. For more
information,
visit www.AllianceCreativeGroup.com or www.ACGX.us.
About PeopleVine
PeopleVine is a software platform combining CRM, marketing, CMS,
and sales into a single, seamless customer engagement
suite. PeopleVine was started in 2014 with the vision of
providing a consolidated platform for businesses to better connect
and engage their customers.
PeopleVine is a turnkey platform providing 60+ out-of-the-box
pages and experiences to further engage with
consumers. PeopleVine users can either leverage the
out-of-the-box experience or customize it by making a few design
tweaks to building their own experience on the same APIs we
used. Flexibility is key to ensuring a consistent and unique
branded experience, but also saves developers time by not having to
start from scratch.
Together with our fully integrated marketing and automation
engine PeopleVine is able to ensure continuous engagement all
tracked and managed from a single platform. PeopleVine can help
power clients' websites, text campaigns, ecommerce, memberships,
and more. Whether launching a loyalty program or your entire
website, our tools make it easy to get going--and
growing--quicker. For more
information www.PeopleVine.com
About Primary Trucking
Primary Trucking is an asset-based carrier located in Chicago,
IL. We specialize in truckload freight outbound from
Chicago. We have over 30 years of experience in the
transportation industry and we have the tools to be your primary
source for transportation. We customize transportation solutions
based on our customer's needs. If you need to move your
freight locally or coast to coast, we have you covered. No job
is too big or too small. We can handle anything, from moving a few
pallets to moving an entire warehouse. Primary Trucking is
your "Primary" source for transportation needs.
For more information go to www.PrimaryTrucking.com
About Rapid Freight Solutions
Rapid Freight Solutions (Rapid) provides domestic shipping services
nationwide, quickly and safely moving products across the country.
Rapid specializes in LTL, air freight, hot shot, trade-show,
flatbed, intermodal, over-dimensional, step-deck, and refrigerated
trucking. Thanks to our team's 30 years of experience, we have
relationships with more than 140 carriers nationwide, helping
ensure our customers quality service with competitive pricing. For
more information, go to www.RapidFreightSolutions.com
This news release contains forward-looking statements as defined
by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. These statements are subject to
uncertainties and risks including, but not limited to, product and
service demand and acceptance issues, changes in technology,
economic conditions, the impact of competition and pricing,
government regulation, unforeseen changes in agreements, potential
future disputes, and other risks described in statements filed from
time to time with the Securities and Exchange Commission. All such
forward-looking statements, whether written or oral, and whether
made by or on behalf of the Company, are expressly qualified by the
cautionary statements that may accompany the forward-looking
statements. In addition, the Company disclaims any obligation to
update any forward-looking statements to reflect events or
circumstances after the date hereof.