SOURCE: ActionView International, Inc.

November 14, 2013 08:00 ET

ActionView International Announces Acquisition

AUSTIN, TX--(Marketwired - Nov 14, 2013) - ActionView International, Inc. (OTC Pink: AVEW) today announced that the company has signed a Letter of Intent to acquire ProStar Dirt Work Inc., a Texas-based company that operates an Excavation, Lot Clearing, and Clean Up construction company headquartered in Austin, Texas. ProStar Dirt Work Inc. is an eight year old business with a large customer base and an outstanding reputation in the excavation and construction business. 

Austex Pools was established in 2010 to service the greater Austin area. Over the years, the company has been recognized with multiple international and regional design awards. In additional to pool design and construction, they offer full landscaping and monthly pool service plans. Austex has enjoyed the rapid growth and construction boom of central Texas. The Company intends to expand outside of the regional market while also pursuing a vertical integration strategy through the acquisition of service and construction companies that complement Austex business, just like ProStar Dirt Work Inc.

Commenting on the transaction, Chief Executive Officer, Jose Chavez, explained, "We are excited about this transaction because it complements our current business model and will contribute to Austex bottom line profits with an in-house excavation and clean up company." Mr. Rodriguez, founder and president of ProStar, commented, "ProStar is poised to contribute to Austex in its pool and construction operations and also bring in additional revenues from its own operation."

Mr. Chavez, the Chief Executive Officer, also announced that ActionView is in the process of making the necessary filings to become a fully-reporting OTCBB-listed company.

About ActionView International, Inc.

ActionView International, through its wholly owned subsidiary, Austex Holdings, Inc., operates Austex Pools, a full service pool and landscape design and construction company. ProStar is an excavation and construction clean up company doing business in central Texas.

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