FRESNO, Calif, Jan. 12, 2012 /PRNewswire/ -- Black Castle Developments Holdings, Inc. (Pink Sheets: BCDH) ("BCDH"), a holding company targeting the acquisition of undervalued, niche companies, announced today that the acquisition of bizM3 is currently on schedule and is expected to close shortly. Currently representatives of bizM3 are at the Consumer Electronics Association (CEA) 2012 International CES Convention in Las Vegas, NV.
The Consumer Electronics Association (CEA) is the owner and producer of the International CES. CEA is the preeminent trade association promoting growth in the $186 billion U.S. consumer electronics industry. More than 2,000 companies enjoy the benefits of CEA membership, including legislative advocacy, market research, technical training and education, industry promotion, standards development and the fostering of business and strategic relationships.
Michael Teague, CEO of bizM3 states, "Participating in this convention is a vital part of our research, marketing and technology advancements. This is the most important convention a technology company can participate in. Upon returning and consummating our deal with BCDH, this transaction will combine two pioneering organizations into a single company with an essential technology, financial resources and expertise to uniquely meet the rapidly evolving needs of companies around the world.
"This merger makes tremendous sense for our clients, shareholders and employees. It marks an unparalleled opportunity for two successful, mission- driven organizations to unify with a singular focus on being the premier partner and platform for mobile marketing on a global basis," said Jeff Holroyd, BCDH's President and Chief Executive Officer. "Together with efforts, we have one of those rare and special opportunities to truly improve mobile marketing on a global scale."
bizM3 is a leading mobile marketing technology company that provides solutions and tools for businesses to enhance their advertising campaigns and deployment strategies. bizM3's digital signage technology is FCC-compliant and is being rolled out to existing television sets in high traffic restaurants, sports bars, hotels and other hospitality locations. bizM3's patented, back-end content management system allows multi-channel marketing campaigns to be planned and launched in minutes. Businesses can deliver timely alerts containing mobile coupons, special offers, rewards, text-2-win announcements or links to mobile websites to engage, entice and retain consumers. BizM3 gathers the market intelligence, consumer buying profiles and analytics needed to make each campaign successful and generate the highest ROI for its customers. For more information, visit http://www.bizM3.com
About Black Castle Developments Holdings, Inc.
Black Castle Developments Holdings, Inc. ("BCDH") is a holding company focused on the merger and acquisition of undervalued, revenue-generating companies that operate in high-growth niche markets. BCDH plans to leverage its management resources and status as a public entity to assist acquired companies to achieve and/or grow their profitability. For more information, visit www.blackcastledevelopments.com.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
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