SOURCE: United Consortium Ltd.

August 04, 2008 08:45 ET

United Consortium to Acquire Awespire Technology LLC

Combined Entity Expected to Exceed $11 Million in Annual Revenues

FORT LAUDERDALE, FL--(Marketwire - August 4, 2008) - United Consortium, Ltd. (PINKSHEETS: UCSO), an international distributor of branded consumer goods, today announced terms of an executed Letter of Intent to acquire Awespire Technology, LLC, a leading direct response marketing solutions provider. Under the terms of the Letter of Intent, United Consortium will acquire all member interest in the Florida limited liability company Awespire Technology LLC in exchange for an equity stake in United Consortium. The company estimates that the combined revenues will exceed $11 million with $1.2 million in net profit for the 12 month period following the close of this transaction.

"Awespire management has extensive experience in navigating and optimizing product sales online," said Gonzalo Lage, President of United Consortium. "By combining Awespire's expertise with internet marketing to our solid channel management capabilities the company is in a position to offer far superior solutions than our competitors in overall brand management and exposure."

Awespire provides a full-service internet marketing solution geared to drastically increase product sales volume for its clients. Awespire, a Florida-based company; has executed many successful marketing campaigns for well known companies including; Johnson and Johnson, Hewlett-Packard, Crest, Lane Bryant, and TV Guide, among others. Awespire purchases online media placement, develops and evaluates campaign creative and effectiveness, manages brand/product evolution, and executes campaigns through a proven network of quality affiliate partners. Awespire's powerful media team is comprised of veterans in the online advertising business.

"United Consortium brings a wealth of management expertise and existing customer relationships to the table," said Adam Silva, Managing Director of Awespire Technology. "We recognized early on in our discussions with them that this acquisition would benefit our collective customers by being able to provide both traditional storefront and internet distribution capabilities all in one shop."

To contact United Consortium regarding product licensing, brand acquisitions, or distribution opportunities for your products, please email us at info@unitedconsortium.net.

ABOUT UNITED CONSORTIUM, LTD.

United Consortium, Limited (PINKSHEETS: UCSO) is a leading international distributor of branded consumer goods to the most important Retailers, Resellers, Solution Providers and Systems Integrators in the North, South, and Central America regions. The company strives to preserve competitiveness and independence of individual brands, identity, product development, sales, and marketing. More corporate information is available by visiting www.unitedconsortium.net.

ABOUT AWESPIRE

Awespire Technology LLC performs product marketing over the internet. Awespire purchases online media placement, develops and evaluates campaign creative and effectiveness, manages brand/product evolution, and executes each campaign through a proven network of quality affiliate partners. Visit www.awespire.com for more information.

Legal Notice Regarding Statements Including Those That Are Forward Looking.

The statements in this press release regarding real or implied expectations with regard to the future impact on the company's results from acquisitions or developed properties are forward-looking statements and are within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in the above document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although every effort has been made not to include statements that involve risk and uncertainties that may be the case and such statements are subject to change at any time. There are no anticipated results detailed in the above statements, however, actual results may differ materially from expected or implied results.

Contact Information

  • For more information, contact:
    United Consortium, Ltd.
    Press and Investor Relations
    Tel. 954-642-8806
    Fax 954-337-8008
    Email Contact