Generation Zero Group, Inc. (the “Company”) (OTCBB: GNZR) today announced the launch of its new corporate website www.generationzerogroup.com which highlights the Company’s strategy and planned focus on “Premium, Relevant & Limited” domain names, technology and businesses. As previously reported, the Company has completed the acquisition of the technology that powers find.com and has an agreement in principle to acquire the find.com domain name, which acquisition is planned to close by the end of June 2010.
Atlanta, GA (PRWEB) June 9, 2010 -- Generation Zero Group, Inc. (the “Company”) (OTCBB: GNZR) today announced the launch of its new corporate website www.generationzerogroup.com which highlights the Company’s strategy and planned focus on “Premium, Relevant & Limited” domain names, technology and businesses. As previously reported, the Company has completed the acquisition of the technology that powers find.com and has an agreement in principle to acquire the find.com domain name, which acquisition is planned to close by the end of June 2010.
The Company anticipates entering into strategic joint venture and/or revenue sharing agreements with third parties to maximize the value of find.com which would significantly reduce the Company’s ownership of find.com. The Company also announced that it will take control of the find.com operations immediately in anticipation of closing.
The proposed acquisition of find.com fits with the recent acquisition of the technology that powers find.com and is consistent with the Company’s current strategy of seeking to have interests in premium domain names. Additionally, the technology that was purchased has application outside of find.com and the Company hopes to leverage this technology across multiple businesses operated through third party domain names and domain names the Company seeks to acquire in whole or in part in the future. Commenting on the announcements, Generation Zero Group, Inc. Chief Executive Officer Matthew Krieg added: “I believe that find.com is a great domain name and that the potential for this domain is tremendous. URL’s are limited today and I believe that having a stake in a four letter URL that has as concise a meaning as find.com creates significant potential for the Company’s future operations. I also hope to add other high growth opportunities to the Company as we move forward.”
About Generation Zero Group, Inc.: Generation Zero Group, Inc. (www.generationzerogroup.com) Based in Atlanta, Georgia, Generation Zero Group, Inc. is focused on having control over or significant ownership interests in Premium Domain names, next-generation Technologies and Businesses with strong growth potential. The Company intends to use its expertise in Internet marketing, search engine optimization, and cutting edge technology to build and expand its business interests in these respective markets.
This press release may contain forward-looking statements, including information about management’s view of the Company’s future expectations, plans and prospects, within the safe harbor provisions under The Private Securities Litigation Reform Act of 1995 (the “Act”). In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act, and are subject to the safe harbor created by the Act. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of the Company, and concepts to be materially different than those expressed or implied in such statements. These risk factors and others are included from time to time in documents the Company files with the Securities and Exchange Commission, including but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other unknown or unpredictable factors also could have material adverse effects on the Company’s future results. The forward-looking statements included in this press release are made only as of the date hereof. The Company cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, the Company undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by the Company.
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