FT. LAUDERDALE, Fla., April 2, 2007 (PRIME NEWSWIRE) -- 247MGI, Inc. ("247MGI") (OTCBB:TOFS) announced today that it has signed a letter of intent to acquire PurFusion Worldwide, Inc. www.purfusion.com, a technology and Internet marketing solution provider.
PurFusion Worldwide, Inc. offers a diversified product line which targets small and medium-sized enterprises, associations, and the sports and entertainment industry. The unique ability to fuse technology, marketing and media gives their customers the competitive edge on the Internet. They strive to increase revenue, generate web traffic, and provide overall better branding while gathering relevant information for their customers.
During the last several years PurFusion has provided a suite of Internet marketing tools and technology applications. Their primary target was the B2B sector. In the past, PurFusion offered a bundled solution which could meet any budget requirement. Programmers and Developers soon found PurFusion a viable alternative to marketing their product.
Presently, PurFusion is expanding their customer base to include cities and wholesalers such as Advertising Agencies and Interactive Companies.
Their vision for the future is to expand its product line to include a Content Management System (CMS). The CMS will provide PurFusion the ability to rapidly deploy corporate websites, training, eCommerce and online promotional/marketing campaigns. PurFusion expects that their average sale will increase four fold with the CMS once integrated with their other marketing tools.
PurFusion also expects to launch a VoIP solution with the next 6 months. The product is expected to dramatically increase their SME customer base.
247MGI Inc. is a full service multimedia company, a one-stop media and advertising company that assists its clients by creating marketing materials utilizing technology driven media formats for the distribution of information worldwide. The company utilizes the Internet to deliver its content more efficiently and at a higher standard than its competition. 247MGI has developed and continues to create unique programs to include "LIVE" as well as streaming video content which will be delivered through the web and via satellite.
This media release may contain forward-looking statements regarding but not limited to management, market potential, distributor success, market size, international sales, including statements regarding the intent, belief or current expectations of 247MGI Inc. and uncertainties that could materially affect actual results. Investors should refer to documents that the Company intends to file with the SEC for a description of certain factors that could change actual results. Investors should refer to factors that could cause actual results to vary from current expectations and the forward-looking statements contained in this media release.