Consumer Financial Corporation, Inc. Signs Letter of Intent to Acquire Universal Tracking Technologies, Inc.
08 9월 2009 - 9:30PM
PR Newswire (US)
FORT WAYNE, Ind., Sept. 8 /PRNewswire-FirstCall/ -- Consumers
Financial Corporation, Inc. (OTC:CNSF) is pleased to announce that
the Company has signed a Letter of Intent to acquire Universal
Tracking Technologies, Inc. Universal Tracking Technologies, Inc.
is a corporation that provides GPS products and services to
businesses across the US. The terms of the purchase have not been
disclosed. The parties are close to signing a definitive
acquisition agreement, which they expect to announce within days.
This acquisition candidate fits the Company's business model, which
has the objective of rolling up a number of smaller private
companies who have established themselves in the asset and vehicle
tracking industry. "Over the next several weeks, Consumer Financial
Corporation will be evaluating acquisition candidates that are
producing tracking related products. I look forward to helping
bring Consumer Financial Corporation to the next level and
acquisitions will play an important part in creating revenue
growth," stated David Dalton, Chairman and CEO of Consumers
Financial Corporation, Inc. About Consumers Financial Corporation,
Inc.: Consumers Financial Corporation is a document and identity
management services company. The Company entered into the
Electronic Personal Vault (EPV) market in 2007. The EPV is an
online service to address the need for a convenient, yet secure and
safe method, to manage and store identification and personal
documents electronically. The EPV is an intuitive, powerful system
where customers can transfer and store original formatted documents
and digital images. Safe Harbor Act: This release includes
forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995
that involves risks and uncertainties including, but not limited
to, the impact of competitive products, the ability to meet
customer demand, the ability to manage growth, acquisitions of
technology, equipment, or human resources, the effect of economic
business conditions, and the ability to attract and retain skilled
personnel. The Company is not obligated to revise or update any
forward-looking statements in order to reflect events or
circumstances that may arise after the date of this release.
DATASOURCE: Consumers Financial Corporation CONTACT: Investor
Relations, +1-407-389-5900 Web Site: http://www.consumersfc.net/
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