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DataLogic International Announces Alliance for Accelerating Growth
Signs Business Advisory and Consulting Agreement to Assist in M & A
IRVINE, Calif., March 2 /PRNewswire-FirstCall/ -- DataLogic International, Inc.
(OTC Bulletin Board: DLGI; Berlin Stock Exchange: 779612), announced today that
it has signed a business advisory and consulting services agreement with New
York-based Stanton Walker & Company. Stanton Walker will assist in the
evaluation of certain strategic business decisions facing the Company. DataLogic
is in discussion stages with several companies regarding licensing arrangements,
joint ventures or possible mergers. Stanton Walker's work will include due
diligence, structuring transaction terms and providing consulting services
throughout the process. Stanton Walker will also seek potential acquisition
candidate companies that fit DataLogic's business objectives.
Derek Nguyen, Chief Executive Officer, stated, "We look forward to evaluating
opportunities that could enhance our company's revenue and profits and provide
additional capital to execute the Company's growth plans. These goals will
require the assistance of specialized experts. We feel Stanton Walker can do
this expeditiously."
Nguyen continued, "We believe there are many other companies similar to
DataLogic that might have products or services that would benefit from becoming
a part of a publicly traded entity. For DataLogic and its shareholders,
acquisitions represent a powerful growth strategy."
About Stanton Walker & Company
Stanton Walker & Company provides a full range of strategic operational,
marketing, financial advisory and M & A services to public companies. While
they provide assistance in a wide array of industries, Stanton Walker is
especially interested in working with companies where their products and/or
services appear to offer the company's stakeholders an opportunity for a
significant return.
About DataLogic International Inc.
DataLogic International, Inc. is a technology and professional service company
dedicated to providing a wide range of Information Technology and Communications
related products and services. For more information about DataLogic, go to
http://www.dlgi.com/ or contact Investor Relations at or (888) 530-8228.
This release contains forward-looking statements within the meaning of Section
27a of the Securities Act of 1933, as amended and section 21e of the Securities
and Exchange Act of 1934, as amended. Those statements include the intent,
belief or current expectations of the company and its management team.
Prospective investors are cautioned that any such forward-looking statements are
not guarantees of future performance and involve risks and uncertainties, and
that actual results may differ materially from those projected in the
forward-looking statements as a result of various factors. Accomplishing the
strategy described herein is significantly dependent upon numerous factors, many
are not in management's control. Some of these factors include the ability of
the company to raise sufficient capital, attract qualified management, attract
new customers and effectively compete against similar companies.
DATASOURCE: DataLogic International, Inc.
CONTACT: DataLogic International, Inc., Investor Relations,
+1-888-530-8228,
Web site: http://www.dlgi.com/