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KHZM Madison Ave Media Inc (CE)

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0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Madison Ave Media Inc (CE) USOTC:KHZM OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0001 0.00 01:00:00

Kahzam, Inc. Agrees to Acquire ProMark Data and Media Group, LLC

09/03/2010 9:52pm

Business Wire


Madison Ave Media (CE) (USOTC:KHZM)
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Kahzam, Inc. (OTCBB: KHZM) announced today that the Company agreed to acquire 100% of the capital stock of ProMark Data and Media Group, LLC, a Florida limited liability company, in a share-for-share transaction. ProMark is a full-service online marketing firm specializing in permission based opt-in email data, Mobile SMS, email append, as well as traditional postal data. The transaction is expected to close on April 1, 2010. Stephen Molinari, the Chairman of ProMark, will become Chairman of the Board of the Company.

Kahzam has also announced that it would change its name to Madison Ave. Media, Inc., to be effective on or before April 1, 2010, to more closely reflect its diversified digital media and marketing business operations. The Company's Kahzam-branded online search and portal services will remain as a subsidiary and as the cornerstone of the Company's Internet Marketing Group.

ABOUT STEPHEN MOLINARI:

Stephen Molinari has more than 22 years of experience in the financial services industry with well-known investment banking firms such as Dean Witter and Smith Barney. He has served as Chairman & CEO of Molinari Capital, LLC, a private merchant-banking firm that specialized in advising emerging growth companies on capital raise-ups, mergers and acquisitions, securing strategic alliances and general financial advisory services.

Molinari has also built and managed various private and public companies in the media and data development industries including ProMark Data and Media Group, a leading data marketing company that has worked with many Fortune 500 companies and government agencies.

His management credentials also include extensive development and leadership roles with various media and broadcast creative and syndication enterprises plus marketing oversight of various commercial product and service companies.

ABOUT KAHZAM, INC.

Kahzam is an advanced digital media company which delivers proprietary technologies and solutions designed to fortify asset management, customer retention, revenue growth and business intelligence. Kahzam also delivers related high-value services including strategic corporate financial services which provides clients with access to capital and related financial support.

Kahzam owns and delivers an integrated matrix of business and proprietary digital media resources. Separately or in synergy, these resources generate significant revenue and returns. Kahzam also owns and deploys advanced digital communications, Web, business intelligence and other technologies, directly and on behalf of clients. Kahzam’s multidisciplinary executive and management team includes business experts with the requisite vision, diversity, focus and experience to deliver results for clients and for the Company.

For more information about Madison Ave. Media, Inc., or to arrange an interview with incoming Chairman Stephen Molinari, please contact Ned Barnett at 702-696-1200 or ned@groupmolinari.com.

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