04/08/10
Bergio International, Inc. (OTCBB: BRGO), a leading jeweler creating one of the world's largest diversified jewelry designers and manufacturers through acquisitions and consolidation in the estimated $160 billion a year highly fragmented mom and pop jewelry industry, is pleased to announce signing a Letter of Intent to acquire Advanced Integrated Solutions, Inc. (AIS) for the purposes of building out Bergio's newly-formed web property.
AIS (www.aistechsolutions.com) is a technology firm specializing in business applications, e-commerce, web development, and internet networking. The company feels this acquisition is the first step in establishing a vertically integrated universal web property that could be used by acquisition targets, allowing its targets a furthering competitive edge within the online marketplace.
CEO Berge Abajian states, "The acquisition of AIS, Inc. is a very important step in aligning Bergio's short-term goals with our long-term vision. This acquisition will give Bergio the much needed internal infrastructure to accommodate future growth and be an instrumental element of the much anticipated launch of our e-commerce site."
With recent online successes such as www.Bluenile.com, www.Zales.com and with the company's plan to conduct a roll up of this highly fragmented mom and pop industry, it became clear that the company recognized an opportunity to launch a web property this year to effectively compete within the marketplace on an international level.
About Advanced Integrated Solutions, Inc. (www.aistechsolutions.com)
Advanced Integrated Solutions, Inc. was founded in 1989. The company is located in Fairfield, NJ and offers full service business consultants and technology solution providers. By specializing in office automation, networking and accounting systems and technology solutions, AIS helps to contribute to its clients' overall strategic platform.
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