IACH SIGNS LETTER OF INTENT TO ACQUIRE REALESTATECONTACTS
Information Architects Corporation, a developer of content, delivery interchange, and infrastructure interchange software solutions, has signed a letter of intent to acquire Real Estate Contacts, Inc., an online real estate advertising, marketing and real estate video company. Both the companies are based in the US. Acquirer (Company) Information Architects Corporation Deal Rationale The acquisition of Real Estate Contacts will promote Information Architects through its marketing technologies and marketing techniques.
/PRNewswire/ -- Information Architects Corporation (OTCQB: IACH) announced today that the company has signed a letter of intent to acquire Real Estate Contacts, Inc., a company organized under the state of Florida and located at 240 Windsor Ridge #36 New Castle, PA 16105.
Real Estate Contacts, Inc. is an online real estate advertising, marketing and real estate video company that offers real estate professionals the opportunity to reach consumers interested in buying or selling property in their respective geographic area. Real Estate Contacts, Inc.'s main web site "www.RealEstateContacts.com" comprises of more than two thousand contacts. Robert DeAngelis is the Founder, President and Executive Officer of Real Estate Contacts, Inc. Mr. DeAngelis brings to the company over 20 years of successful business development and management experience along with a strong diverse background of sales, financial and internet experience. Mr. DeAngelis is responsible for running the overall day to day operations of the company, the overall vision, direction as well as the sales and marketing for the company.
"The Automated Customer Care's online customer relationship management system (CRM), which fulfills the basic needs of businesses large or small, combined with the online presence of Real Estate Contacts, Inc., will be a unique and a rare occurrence," comments Roland Breton, President of IACH. "The possibilities of obtaining the amount of exposure Information Architects Corp. will attain from this combination will be immeasurable."
ACC is a full vertical integration 'one stop' for customer database, customer telephony and customer email, while Real Estate Contacts, Inc. is a full service one stop shopping portal for any consumer to connect to a local real estate professional. The closing of the acquisitions of ACC, along with LOI to acquire Real Estate Contacts, Inc. will be a great asset to IACH.
Robert DeAngelis, President of Real Estate Contacts, Inc. adds that "the addition of Real Estate Contacts, Inc. to IACH will promote IACH through their company's vast marketing technologies, with their extensive lead generation and marketing techniques. The amalgamation of Real Estate Contacts, Inc. and ACC, within IACH will be exceptionally complementary."
CORPORATE PROFILE
Information Architects Corp. (IACH) is a worldwide Marketing and Distribution company.
"Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. Information Architects Corporation disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies, and the purchasing activity or lack thereof by registered web mall members.
