recent news Wave Power Signs Agreement to Acquire One of the Nation's Leading and Most Innovative Sports Marketing Organizations POMPANO BEACH, Fla., March 22 /PRNewswire-FirstCall/ -- Wave Power.Net, Inc., a Delaware corporation, (OTC Bulletin Board: WPDN - news) signed a detailed and conditional Agreement and Plan of Reorganization to acquire all of the issued and outstanding securities of 3 Strikes Custom Design, Inc. of New York, a leading sports marketing firm whose innovations include the patented Insta-Win and Matrix premium promotional technologies.
The closing of the acquisition shall take place immediately upon approval of the acquisition by the Boards of Directors of 3 Strikes and WPDN and, if necessary, their respective shareholders and upon the execution of the necessary consents therewith. In connection with the closing and with shareholder approval, the name of the company will change to Insta-Win Marketing Ltd.
Mark Kaufman, CEO of 3 Strikes, is a 26-year veteran of the sports marketing industry and has been responsible for pioneering revolutionary ways to capture brand attention and motivate buyers with high visibility premium promotions. The company's campaigns for leading soft drink bottlers, brewers, distillers, and sports teams have achieved legendary response rates and won numerous regional and national awards.
3 Strikes plans a major expansion of its business lines and customer account activities and will be launching several programs for several regional and national markets in the coming period.
3 Strikes has been providing a full range of innovative promotional programs to sports organizations and other businesses for the past 23 years. The company specializes in account specific and on-premise programs designed to leverage sports and entertainment sponsorships through collectible point of sale materials and merchandise. Its customer base includes companies with global, national and regional marketing objectives.
Any forward-looking statements contained in this release involve a number of uncertainties, risks and other factors, which may cause the actual results, performance, or achievements expressed or implied by such forward-looking statements to materially differ from actual results. Factors that could cause actual events or results to differ materially include, among others, those set forth in the Company's filings with the Securities and Exchange Commission (``Filings'') and risk factors listed from time to time in those Filings.
Contact: Thomas Redington 203/222-7399 212/926-1733 www.redingtoninc.com
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