Emerging (PK) (USOTC:EMRH)
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Emerging Holdings, Inc. Completes Financing
Working Capital Secured
RESTON, Va., July 20 /PRNewswire-FirstCall/ -- Emerging Holdings, Inc. (Pink
Sheets: EMRH) announced today that its financing has been completed and working
capital secured. With these initial steps accomplished, Emerging Holdings,
Inc. is now prepared to begin entry into its first target market, Dubai, in the
United Arab Emirates. Furthermore, the company has identified specific
opportunities in the Internet field in Dubai that they are currently analyzing
for potential merger and takeover activity. Specifically, Emerging Holdings,
Inc. is looking into Data Encryption, Secured Communications and Internet
Securities companies in Dubai -- the hotbed for secured communications between
the Middle East and both the West and Far East.
M.A. Motazedi, chief executive officer of Emerging Holdings, Inc., stated, "The
choice of Dubai as our first market entry was really quite simple. The U.A.E.
is the most western friendly nation in the Middle East. Dubai U.A.E., as one
of the world's three richest per capita countries, has both the wealth and
foresight to provide for strong, lasting commercial and technological growth."
He continued, "In addition, Dubai Internet City (D.I.C.) serves as the backbone
and infrastructure for the Middle East, Central Asia and parts of Europe.
Emerging Holdings, Inc. feels that its presence will accelerate this already
robust growth."
Emerging Holdings, Inc. (http://www.emergingholdings.com/) offers investors
portfolio diversification through the identification, creation and acquisition
of forward-thinking business concerns in rapidly emerging economies across the
globe.
Safe Harbor:
This release may contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. The risks and uncertainties
that may affect the operations, performance development and results of the
Company's business include but are not limited to fluctuations in financial
results, availability and customer acceptance of our products and services, the
impact of competitive products, services and pricing, general market trends and
conditions, and other risks detailed in the Company's SEC reports.
CONTACT:
Kodora Communications, Investor Relations
Diane Perry, 631-952-4600
DATASOURCE: Emerging Holdings, Inc.
CONTACT: Diane Perry of Kodora Communications, Investor Relations,
+1-631-952-4600, or , for Emerging Holdings,
Inc.