Tuesday, June 28, 2011 8:36:29 PM
June 22, 2011
(MARKETWIRE via COMTEX) - Zamage Digital Art Imaging, Inc. (PINK SHEETS: ZMGD) (www.zamagedigitalcorp.com) is pleased to announce that it has completed its merger with North American company Paraform Design (www.paraformdesign.com). The merger completed on all stock basis will leave the current share structure temporarily unchanged due to the China operating company pending sale and split off.
Paraform Design is an award winning, nationally recognized design firm that creates custom branded identity, print, web and signage solutions. ZMGD believes that Paraform Design offers a solid business concept to company shareholders. As a North American company, ZMGD management also believes that Paraform Design will entice additional business followers and alike to take an interest in ZMGD.
Shortly following the merger with Paraform Design, ZMGD management intends to complete a share acquisition and reduce its authorized and outstanding shares to less than 700 million from current 2.8 billion.
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