SMC Entertainment Inc (SMCE)

[NeverSettle]

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WiMundo is currently working on a new offering for the hospitality industry; a product prototype is in initial testing. Additional information will be released as product development matures.

Rick Bjorklund, President and CEO of SMC, stated, "This acquisition provides SMC with additional building blocks in the wireless internet space. SMC will leverage this acquisition to expand its business plan into the hospitality market and integrate WiMundo's solutions with SMC's products.