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FORT LAUDERDALE, FL--(Marketwire - June 10, 2008) - Amante Corporation (PINKSHEETS: AMAEF), a consulting company that has been providing consulting services in venture capital and investment strategies to a wide variety of software companies, today announced that it has entered into a letter of intent with Integrated Insurance Solutions Limited (IIS) of Halifax, Nova Scotia. The terms of the agreement would see the majority of stock and Intellectual property in IIS being purchased by Amante. The terms of the exact transaction will be finalized over the next few weeks and requires board and shareholder approval.
Ed DeNigris, CEO of Amante, stated, "IIS' Platform is unique in the products and services it currently delivers. Currently the 4 key business units that it has developed are: 1) The Estate Vault: www.estatevault.com 2) Charity Life Direct: www.charitylifedirect.com 3) Creditorlife.com: www.creditorlife.com and 4) IntelliAd and IntelliBrand. These 4 business units will provide a distinct opportunity to generate revenues from 4 different markets and a buffer to any market slowdown. It made perfect sense for us to incorporate this organization in our overall plan."
About Integrated Insurance Solutions Limited
IIS provides manufacturers of life insurance products a complete front-to-end underwriting software platform that is integrated into the back bone of most legacy systems thereby reducing costly programming and administrative costs inherent in integrating traditional software solutions.
Not simply an online quoting and application process like most e-apps today, we have taken it one step further. Our platform allows for a completely immunized desktop version that performs like a web-based platform. This solution takes advantage of today's latest technology and allows for all types of brokers to conduct a face-to-face interview, input client data into our platform and then upload that data to the web (which is integrated to the insurers back office) at a time that is convenient and less embarrassing than sitting in front of a client.
IIS has leveraged its base platform to deliver unique products and services in the development of The Estate Vault, Inc. (TEVI) and Charity Life Direct. It also has patent pending technology known as IntelliAd and IntelliBrand which when fully deployed will be a major marketing advantage to advertisers worldwide.
Safe Harbor Act Disclaimer
The statements contained in this release and statements that the company may make orally in connection with this release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected in the forward-looking statements, since these forward-looking statements involve risks and uncertainties that could significantly and adversely impact the company's business Therefore, actual outcomes and results may differ materially from those made in forward-looking statements.
Contact:
Ed DeNigris
888-492-5549
email: Email Contact
