Pure Hospitality Solutions' Value Proposition Increases: Next Oveedia Funding Round Initiated

LAS VEGAS, Feb. 27, 2015 /PRNewswire/ -- Pure Hospitality Solutions, Inc., (OTC: PNOW) announced today, that the Company, in conjunction with Oveedia project development partners; have begun next round funding efforts, to complete and enhance the upcoming soft launch of the Central American-Caribbean, online social travel hub, Oveedia. This funding proposal increases Oveedia's overall valuation, from seven to eight figures.

"Remember, the basic platform was tested across 118 hotels, substantially increasing occupancy at each property," stated Melvin Pereira, President of Pure Hospitality Solutions. "Today's product, designed particularly for today's market, is not your grandfather's OTA. It's not even your father's OTA for that matter. Oveedia is a dynamic, travel system platform, assured to boast interactive media components and snazzy social media integrations. There will be nothing like it."

Pure's Oveedia development partners, have taken a traditional route in capital raising for the project. Management indicated that funds for Oveedia are primarily being raised through private, controlled funding rounds. This will manage expected growth, minimize dilution and contribute to the systematic increase of valuations prior to the next series of rounds. Pure's management also seeks to make significant operational adjustments, hoping to eliminate high carry cost and the associated financial pressures – ultimately returning long-term value to shareholders.

The Oveedia funding teams have assured Pure's management, that fully capitalizing the Oveedia project privately, is doable; having already received one monetary commitment.

Mr. Pereira concluded, "We have only one objective in mind, to develop and position Oveedia for early acquisition. Either as a 'systems' travel product, or region specific OTA, we are confident the next 36 months will reward Pure and all of our loyal shareholders."

About Pure Hospitality Solutions, Inc. 

PURE provides proprietary technology, marketing solutions and branding services to hotel operators and condominium owners. The Company's vision is to build competitive operations in the areas of (i) online marketing and hotel internet booking engine services, (ii) hotel branding and, (iii) own, operate and in some instances develop, boutique hotels under the new, "by PURE" brand.

PR Links:

PURE Website: http://www.purenow.solutions/  
PURE PNOW Ticker Info: www.purenow.solutions/pure-investors-relations/  
PURE FROL Case Study:  http://www.purenow.solutions/frol-case-study/   
PURE Oveedia Access: http://www.oveedia.com/  
PURE Tripadvisor Central America Analysis: http://www.purenow.solutions/wp-content/uploads/2015/01/Tripadvisor.jpg  
PURE Press – New Online Hotel Booking Engine Oveedia: http://www.purenow.solutions/oveedia/  
PURE Press – New Online Hotel Booking Engine: http://www.purenow.solutions/new-online-hotel-booking-engine/

Related Links:

Pure Hospitality Solutions, Inc. Pinterest: http://www.pinterest.com/purehss/ 
Pure Hospitality Solutions, Inc. Bahia-Encantada: http://www.purenow.solutions/Videos/PURE.mp4 
Pure Hospitality Solutions, Inc. Facebook: https://www.facebook.com/PUREnow  
Pure Hospitality Solutions, Inc.Twitter: https://twitter.com/purehss  
Pure Hospitality Solutions, Inc.Google +: https://plus.google.com/+PurenowSolutionsplus/ 
Pure Hospitality Solutions, Inc. LinkedIn: https://www.linkedin.com/company/pure-hospitality-solution

Safe Harbor Statements in this news release that are not historical facts, including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results are forward-looking. Forward-looking statements involve risks and uncertainties which may cause the Company's actual results in future periods to differ materially from those expressed. These uncertainties and risks include changing consumer preferences, lack of success of new products, loss of the Company's customers, competition and other factors discussed from time to time in the Company's filings with the Securities and Exchange Commission.

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SOURCE Pure Hospitality Solutions, Inc.

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