US Wireless Online, Inc. (UWRL) (www.uswirelesscorporation.com) (the "Company") announces that further to the Company's news releases of July 26 and August 22, 2013, the Company is pleased to report that it has successfully closed its merger with India-based IT company Key Technolabs Pvt. Ltd. (www.keytechnolabs.com).
Rajesh Babaria, incoming CEO of UWRL, said, "At Key Technolabs, we are constantly looking to develop easy solutions to complex problems. For the last few weeks, our analyst team has been working on an idea related to the e-commerce industry. We are looking to develop a platform wherein people can build their own e-commerce shop within minutes. They can establish their store, sell products, accept payments and even promote their individual brands. Lots of people are looking forward to selling their products online, but many do not succeed due to the time-consuming and expensive process of building e-commerce stores online. This means that only people with enough funds can build online stores, which is a crucial limitation to the growth of the online industry.
"This idea is entirely different from Amazon or eBay, where people can only sell their products. Here people can build their stores, their brands, and unique identities, which also opens doors to business expansion and investor opportunities. So our platform will be a parent-store to all e-commerce stores built. This will allow us to manage lots of stores, products, and ultimately businesses. The platform is supposed to charge a little monthly rent to manage e-commerce stores. We believe this will be a game-changer in the web industry, opening infinite horizons in online commerce."
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