Marketwire
June 25, 2008: 11:07 AM EST
Worldwide Strategies, Inc. (OTCBB: WWSG) today announced moving closer to launching the Mobility Technology Solution previously announced in its agreement with NewMarket Technology, Inc. Together the companies are progressing toward the launch of a WiMax enabled product offering later this year.
NewMarket Technology entered into an agreement to acquire a 51% interest in Worldwide as part of a comprehensive plan to build an independently listed Mobility Technology subsidiary. On Monday, NewMarket Technology announced an agreement to acquire Everex:
NewMarket Technology, Inc. to Acquire Everex, a Respected Brand Name in Personal Computing Reporting Approximately $60 Million in Revenue in 2007
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