Brisio Innovations Inc. (CSE:BZI), (the "Company"), is pleased to announce that
it has executed a Definitive Agreement to acquire up to 100% of the issued and
outstanding securities of OakBranch Media and it's underlying assets. The
specific terms for the acquisition are detailed in the Company's news release
dated March 18, 2014.


OakBranch Media is an integrated media company with its main assets being the
Good e-Reader website, a leading website specializing in e-Reader, eBook and
Digital Publishing News, which has over 230,000 unique visitors per month, and
the Good e-Reader App Store, which with over 35,000 apps, 420,000 unique
visitors and 7 million page views per month, distributes worldwide and is the
largest independent Android and Blackberry alternative app store in Canada.
OakBranch also operates its own video studio and YouTube channel, which receives
over 320,000 views per month. 


Paul Andreola, President and CEO, states, "We are very pleased to welcome our
new partners from OakBranch Media to the Brisio team. We believe that this
exciting acquisition uniquely positions Brisio to derive substantial value and
opportunity from the lucrative App Store distribution market, and the collective
knowledge and experience of OakBranch will greatly assist Brisio in furthering
its business plan of building an industry leading mobile app discovery and
distribution platform and a world-class portfolio of market-relevant mobile
applications." 


Michael Kozlowski, CEO of OakBranch Media states: "We are very excited to be
working with Brisio to take the Good e-Reader App Store and our other media
assets to the next level. The entire editorial and development team all have a
clear and concise vision of the necessary steps needed to be a world class
leader for Android, Blackberry and Tizen app distribution."


Like us on Facebook: https://www.facebook.com/brisio.innovations

Follow Brisio on Twitter: https://twitter.com/BrisioApps 

OakBranch Media: http://goodereader.com 

Good e-Reader Appstore: http://apps.goodereader.com/

About the Company

Brisio Innovations is focused on the acquisition, development and marketing of
software applications for mobile computing devices, such as smart phones,
tablets, and wearable computers.


On behalf of the Board,

Paul Andreola 

President, CEO and Director

Disclaimer for Forward-Looking Information

Certain statements in this news release are forward-looking statements, which
reflect the expectations of management regarding potential positive effects that
the acquisition of the portfolio of apps may have on the business of the
Company. Forward-looking statements consist of statements that are not purely
historical, including any statements regarding beliefs, plans, expectations or
intentions regarding the future, and include discussion of: (i) revenue
generating potential of the apps; (ii) market potential for the apps; and (iii)
the Company's plans to translate the apps for Android devices. Such statements
are subject to risks and uncertainties that may cause actual results,
performance or developments to differ materially from those contained in the
statements. No assurance can be given that any of the events anticipated by the
forward-looking statements will occur or, if they do occur, what benefits the
Company will obtain from them. These forward-looking statements reflect
management's current views and are based on certain expectations, estimates and
assumptions which may prove to be incorrect. A number of risks and uncertainties
could cause the Company's actual results to differ materially from those
expressed or implied by the forward-looking statements, including: (i) that app
purchasers may cease or fail to purchase any of the apps; (ii) that potential
growth is not as expected; (iii) that the Company may be unable to successfully
translate the apps for Android devices; and (iv) other factors beyond the
Company's control. These forward-looking statements are made as of the date of
this news release and the Company assumes no obligation to update these
forward-looking statements, or to update the reasons why actual results differed
from those projected in the forward-looking statements, except in accordance
with applicable securities laws. Additional information about the Company is
available in the Company's public filings with Canadian securities regulators,
available on SEDAR at www.sedar.com.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Brisio Innovations Inc.
Paul Andreola
President, CEO and Director
(604) 644-0072
www.brisio.com

Brisio Innovations Inc. (CSE:BZI)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Brisio Innovations Inc. Charts.
Brisio Innovations Inc. (CSE:BZI)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Brisio Innovations Inc. Charts.