Readen Holding Corp. (PINK SHEETS: RHCO) Announced Today the Signing of a Letter of Intent to Acquire On-Mix.com
September 27 2011 - 3:36AM
Marketwired
READEN HOLDING CORP. (PINK SHEETS: RHCO) has signed a letter of
intent for the acquisition of On-Mix.com through Readen's
subsidiary, D5 Mobile, the Netherlands, the distributor of the
Readen's telecom hardware and software applications.
On-Mix.com is an online music distributor and platform with more
than one million unique visitors per month and growing, totally
generated through their social media marketing expertise.
The On-Mix.com acquisition will bring to the Readen Group
technical and creative expertise to build a mobile driven music
platform for free and paid music downloads for all D5 mobile end
users.
Mr. G. R Steenbergen president of Readen Holding Corp. (RHCO)
says "This is a major step towards our plan to become a full
service telecom organization. With On-Mix.com and its management,
we have acquired all the company's expertise in social media
marketing and D5 Mobile will strengthen On-Mix.com's revenue model
with Readen's commercial expertise."
Readen Holding Corp., who invests not only in
telecommunications, in general, but through its subsidiaries, also
continues to develop and design tailor-made products and
application software for the telecom market to meet the needs of
consumers and the service industry.
Readen Group's mission statement is to be a valuable partner for
customers in terms of technical flexibility, quality and
competitive pricing through the complete value chain (SIM cards,
mobile phones and applications).
This press release may contain forward-looking statements,
including, but not limited to, statements regarding Readen Holding
Corporation and its plans, products and related market potential.
Forward-looking statements may be identified by the use of the
words "anticipates," "expects," "intends," "plans," "should,"
"could," "would," "may," "will," "believes," "estimates,"
"potential" or "continue" and variations or similar expressions.
These statements are based upon the current expectations and
beliefs of management and are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those described in the forward-looking statements. These risks
and uncertainties include, but are not limited to, risks and
uncertainties discussed in Readen Holding Corporation's postings on
the OTC Markets Disclosure & News Service and future filings
with the Securities an Exchange Commission, which factors are
incorporated herein by reference. Readers are cautioned not to
place undue reliance on any of these forward-looking statements.
Readen Holding Corporation undertakes no obligation to update any
of these forward-looking statements to reflect events or
circumstances after the date of this press release or to reflect
actual outcomes.
Contacts: Readen Holding Corp. Ronald Steenbergen +31 3562 99970
info@readenholdingcorp.com
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