|By Marketwired .||
|January 16, 2013 09:48 AM EST||
NEW YORK, NY -- (Marketwire) -- 01/16/13 -- Converge Global, Inc (PINKSHEETS: CVRG) is a United States based company with plans to develop and operate a unique online portal and media platform to service the hospitality and food service industries, locally, domestically and internationally.
Wall Street Equities Research analyst Murray Messina believes Converge Global's plans to develop Majestic Menu, an electronic marketplace to service the multi-billion dollar hospitality and food services industries, provides a significant growth opportunity for the Company.
"Based on our analysis, Majestic Menu will derive high margin, multi-faceted one-off and recurring revenues. Given its uniqueness and lack of competition in the space, we would expect to see a high uptake amongst industry participants. Converge Global has an opportunity to become profitable within a short period of time, enabling the Company to grow rapidly through internal initiatives, strategic alliances and acquisitions," Messina noted.
"Converge Global's respected and experienced management team, led by industry leader Cornelia Volino, brings significant brand recognition to its Majestic Menu division and through strong network associations; the Company is well placed to successfully implement its business plan."
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About Converge Global, Inc
Converge Global, Inc is a diverse company currently developing Majestic Menu, an online portal and media platform for the hospitality and food service industries to assist in identification and procurement of products and services from the local, national and international marketplace. For more information, visit www.convergeglobalinc.com
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