TNGO
Press Release Source: Tango Incorporated
Tango Incorporated Forges Strategic Alliance with Industry Leading Technology Partner
Monday August 15, 9:00 am ET
CALGARY, Alberta--(BUSINESS WIRE)--Aug. 15, 2005--Tango Incorporated (Pink Sheets: TNGO - News) is pleased to announce that it has formed a strategic alliance with industry leading technology partner APAR Inc. www.aparinc.com
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The founder and majority shareholder of APAR Inc., Information technologies, entrepreneur Steve Turcotte and his team have distinguished themselves through the employment of proprietary web-based and wireless solutions throughout an auspicious base of energy industry and distribution based clientele.
Having incorporated the existing AutoBidXL design concept, APAR has refined the database and billing system requirements within the timeline benchmarks established for a timely rollout of the AutoBidXL system. Tango's CEO, Mr. Gregg Shykora said, "This alliance has removed a major impediment to the commencement of the company's revenue stream. APAR Inc. brings with them the expertise to integrate AutoBidXL's new proprietary technology concept with APAR's existing transaction engine. This established, institutionally based money transfer system will now allow Tango to link its dealer-clients world wide and allow them to complete vehicle transactions between currencies seamlessly."
Commenting on the new alliance with APAR Inc., Mr. Shykora said, "I am very familiar with the dedication and meticulous attention to detail that APAR Inc. brings with them and have seen the remarkable results that come from the implementation of their leading edge technologies."
Adding, "Tango's alliance with APAR Inc. will be instrumental in our company's success. Together, we will position Tango to reach new audiences and forge those leads into revenue generating opportunities."
Mr. Shykora concluded, "I expect this alliance to significantly leverage Tango's position and provide strategic advantages when we tap the vast potential of the pre-owned vehicle market in North America."
The next milestone for TANGO will be a pre-beta release unfolding of the complete AutoBidXL distribution tool. The unveiling of this demonstration of Tango's capabilities in the automobile distribution world is slated for September 8th, 2005.
Legal Notice Regarding Forward Looking Statements:
Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Tango Incorporated to be materially different from the statements made herein.
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Contact:
Tango Incorporated
Investor Relations, 403-444-2895
info@autobidxl.com