Amergence Group Cues Up for a Name Change to PanPacific International, Inc. The Company Is Focusing on Several of Its New Hong Kong Ventures Apr 15, 2010 9:00:00 AM
PHOENIX, AZ and HONG KONG -- (MARKET WIRE) -- 04/15/10 -- The Amergence Group (PINKSHEETS: AMNG) announced today that it will be filing the paperwork soon to change its name to PanPacific International so that it can better reflect the Company's ongoing presence in both the US and Central Hong Kong. Following a review by regulating agencies, it is anticipated that the Company's symbol will change to reflect its new name. The Company has selected staff for their Hong Kong office and is beginning the work of rolling out several of its Hong Kong-area ventures for Q2/10 and Q3/10.
The Company has focused on leading-edge media opportunities in the Hong Kong area. The first business, Ante-Up Media, contracts with movie theatres for the display of commercial advertising to theatre-goers prior to the start of each movie feature. The second business unit represents www.Video1314.com -- a very popular China-based video site similar in concept to YouTube® in the US. This unit will sell various types of online advertising products for Video1314 as well as develop and originate its own infomercial-type programming targeted to the website's millions of monthly users.
The Amergence Group/PanPacific International will also use their Hong Kong facilities to offer its proprietary media-enhancement technology such as FLASHAlbum?, one of several technologies developed by the Company over the past eight years.
"For me, our company is entering one of the most exciting periods I've been a witness to since joining the Company as its president 10 years ago," says Peter Jacobs. "We've survived through some very rough years which I believe, in hindsight, has made us better able to cope with the opportunities to come."
In other news, The Amergence Group (www.amergencegroup.com) continues to supply updated financial and business information with OTCMarkets.com so that current information about the Company remains available to the public. (http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=amng#getCompanyInfo).
ABOUT THE AMERGENCE GROUP
The Amergence Group (PINKSHEETS: AMNG) provides valuable advice and support to new businesses with its goal of accelerating their intended plans to introduce edgy, disruptive, and/or innovative technologies to the world market. The Company expects to develop special companies and opportunities which it feels can subsequently stand alone to become fully reporting publicly traded companies on their own.
The Company's 10-year old technology division focuses on the development and marketing of its group of optical media enhancement technology worldwide such as FLASHAlbum?, a technology which enables distributors of optic disc media (CDs and DVDs) to combine the best features of both on one USB flash drive.
ABOUT AMERGENCE'S VENTURE PARTNER -- PANPACIFIC BUSINESS
PanPacific Business Limited (http://www.yespanpacific.com) provides advertising solutions and media exposure to clients throughout the South East Asian region. The company has enjoyed a close affiliation with major media outlets in Hong Kong, for example Video1314, and sponsorship coordination for concerts with Wolfman Jack Entertainment (Hong Kong) Limited.
PanPacific sees itself as a boutique media and advertising company which specializes in bringing awareness to international brands within the South East Asian region.
Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements.
Contact: Company and Contact: Peter H. Jacobs Managing Director md@amergencegroup.com 14220 N. Northsight Blvd., Suite 139 (Parkside) Scottsdale, AZ 85260 (480) 443-1600
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