Ise Blu Equity Corp. (Pink Sheets:ISBL) announced today that it has signed a letter of intent to acquire XGPower, Inc., a marketer of privately branded hand tools, hand held power tools and large commercial construction equipment and home use models, plus many other consumer items. The Stock Purchase Agreement is required to be completed by June 4, 2007 and funded within 30 days after the signing. XGPower, Inc. has existed for four years selling through its store in Whitehouse, NJ and through the web at www.xgpower.com and fulfilling these orders from a warehouse in New Jersey. Sales have grown substantially each year and the product line has expanded to include thirty-one product categories. XGPower now also sells its products on major web search engines including Yahoo.com, Amazon.com and EBay. �This acquisition propels the company forward as an online marketer of consumer and construction products and will allow us to rapidly expand the delivery of our A Accent D�cor subsidiaries products to the major search engines and to other sites linked by XGPower,� stated company President Norman Birmingham. About Ise Blu Equity Corp. Ise Blu Equity Corp., a Nevada corporation, is a holding company that specializes in investments from the Consumer Goods, Entertainment and Technology sectors. "Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release that are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause results to differ materially from those expressed in the forward-looking statements, including but not limited to, certain delays and risks detailed from time to time in the company's filings with the Securities and Exchange Commission."
Ise Blu Equity (CE) (USOTC:ISBL)
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