|By Business Wire||
|January 15, 2014 09:38 PM EST||
All Marketing Solutions, Inc. (AMS) (OTCBB: PTPF) today announced it has completed the acquisition of technology that will allow consumers to consolidate multiple Cloud Storage Services and have them appear as a single local device. The technology allows the aggregation of free and/or paid Cloud Storage Services or any combination thereof.
AMS will issue four million restricted common shares valued at $0.25 per share, for the exclusive rights to the technology, including the software source code.
“The acquisition of this technology fits perfectly with our business development strategy,” stated Wagner Yomoguita, AMS’s President & Chief Executive Officer. “We have been extremely impressed with the usability and functionality of the software and its capabilities, it will allow our customers to maximize their Cloud Storage requirements. Ultimately this technology should provide our customers with all the Cloud Storage capabilities they require at what should be the industry’s lowest cost, a real game changer.”
The company anticipates the commercial launch of the Windows application in January 2014, with the Mac version to follow shortly thereafter.
About All Marketing Solutions, Inc.
The company’s mandate is to identify emerging companies, technologies, products and services that are potentially patentable and require funding, marketing and management expertise. The company seeks entrepreneurs with amazing creative skills who require additional capital and/or management to protect their technologies, products and/or services. Through either partnerships or acquisitions the company will provide financing and management expertise to those technologies, products and services that meet the company’s requirements.
For more information about All Marketing Solutions, Inc., visit www.allmarketingsolutionsinc.com and follow the company on Twitter and Facebook.
Statements in this press release may be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “will”, “allow”, “maximize”, “should”, “anticipates” and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and those risks discussed from time to time in All Marketing Solutions Inc.’s filings with the Securities and Exchange Commission.