NW Tech Capital, Inc. Announces It Has Completed the Purchase of Teledigit, Inc. and Will Report Revenue in the 2nd Quarter Revi
June 17 2008 - 8:45AM
Marketwired
VANCOUVER, WA and PORTLAND, OR announced today that it has
completed the purchase of Teledigit, Inc. effective June 16, 2008.
Closing was originally scheduled for July 31, 2008, but the
completion of the financial audit of Teledigit allowed the parties
to accelerate closing by almost two months. This allows NW Tech
Capital to recognized revenue in our 2nd quarter 10Q.
James Wheeler, President and CEO of NWTT, stated, "We are
pleased that we could close early on the purchase of Teledigit.
This means that our combined sales teams can now work together to
build the business. Everyone is on board to help grow Teledigit
revenues in 2008. In addition to our existing sales channels, the
Information Technology (IT) Managed Services Provider (MSP)
division of Teledigit, Inc. has been developed to service the Small
& Medium Business and Enterprise (SMB) market that require a
technology/network service provider whose staff is highly skilled
at developing creative IT solutions and supporting networked
computing environments." Wheeler also states, "We are looking at
some national partners as well as our internal new business sales
division to help us build our new IT, MSP business rapidly. We hope
to be able to announce some of these partnerships in the very near
future."
About TeleDigit, Inc.
TeleDigit, Inc. is a locally owned and operated
telecommunications company in the Pacific Northwest. Established in
1995, TeleDigit, Inc. bases its operations out of Portland, Oregon
serving customers throughout the West coast, with a national
contract to service all voice systems for a National chain of
dentist offices. TeleDigit, Inc. provides installation and service
for your business voice needs, wireless networks and data services
including key systems, PBXs, voicemail, and cabling.
About NW TECH CAPITAL, INC.
NW Tech Capital is a holding company with interests in areas of
telecommunications, data management, information systems and public
safety communication and response solutions. NW Tech trades on the
OTC Bulletin Board under the ticker symbol NWTT. For more
information on NW Tech Capital or Teledigit contact
investor@nwtechcapital.com or visit web site at
www.teledigitinc.com.
Certain Information
Investors are cautioned that certain statements contained in
this document as well as some statements in periodic press releases
and some oral statements of NWTT officials are "Forward-Looking
Statements": within the meaning of the Private Securities
Litigation Reform Act of 1995 (the "Act"). Certain statements in
this news release may contain forward-looking information and are
based on Management's current expectations, estimates and
projections subject to change. Words such as "anticipates,"
"expects," "intends," "plans," "targets," "projects," "believes,"
"seeks," "estimates" and similar expressions are intended to
identify such forward-looking statements. These statements are not
guarantees of future performance and are subject to certain risks,
uncertainties and other factors, some of which are beyond our
control and are difficult to predict. Therefore, actual outcomes
and results may differ materially from what is expressed or
forecasted in such forward-looking statements. You should not place
undue reliance on these forward-looking statements. Unless legally
required, the Company undertakes no obligation to update publicly
any forward-looking statements, whether as a result of new
information, future events or otherwise. The Company disclaims any
information that is created or distributed by any outside party and
endorses only information that is communicated by its official
Press Releases.
Contact Information: NW Tech Capital, Inc. Vancouver, WA James
Wheeler Chairman & CEO E-mail: Email Contact
NW Tech Capital (PK) (USOTC:NWTT)
Historical Stock Chart
From Aug 2024 to Sep 2024
NW Tech Capital (PK) (USOTC:NWTT)
Historical Stock Chart
From Sep 2023 to Sep 2024