SOURCE: The Amergence Group

The Amergence Group

October 12, 2010 09:10 ET

Amergence Subsidiary -- PanPacific International -- Ramps Up Its Travel Network in China

PHOENIX, AZ and HONG KONG--(Marketwire - October 12, 2010) - The Amergence Group (PINKSHEETS: AMNG), a company that focuses on developing, nurturing, and rapidly expanding selected emerging or "disruptive" companies across a wide range of industries and disciplines, announced today that PanPacific International is officially ramping up its operations on its division -- The PanPacific Travel Network, located in Hong Kong. The Network is comprised of full-color, electronic touch screen concierge service kiosks designed to provide hotel traveling visitors with up-to-date free access and information on hundreds of attractions and opportunities throughout China. Advertisers pay a fee to PanPacific to advertise on the Network and PanPacific pays a commission to the location for all advertising sold.

According to Jack T. Martin, PanPacific's president, "PanPacific Travel Network staff is completing the final phase of beta testing to assure that the electronic kiosks' functionality will accommodate the company's business plan. The touch screen computer kiosks will then be placed in over 200 locations in Macao and Hong Kong before continuing our rollout to hotels and tourist destinations throughout mainland China."

PanPacific International was The Amergence Group's first acquisition this year. The Hong Kong based company will be spearheading a multitude of new and existing business opportunities for Amergence and themselves in the coming months and years.

With management expertise and offices around the globe, The Amergence Group is uniquely positioned to introduce bold, edgy, or disruptive businesses to the world. With Amergence Group assistance, each successful, well-run subsidiary or joint venture can transform itself into their own individual self-sustaining company.

ABOUT THE AMERGENCE GROUP
The Amergence Group's (PINKSHEETS: AMNG) provides valuable advice and support to new businesses with its goal of accelerating their intended plans to introduce edgy, disruptive, and/or innovative technologies to the world market. The Company's 8-year-old Tranzbyte division continues to focus on the development and marketing of its innovative group of optical media enhancement technologies worldwide such as FLASHAlbum, a technology which enables distributors of optic disc media (CDs and DVDs) to combine the best features of both on one USB flash drive.

ABOUT PANPACIFIC INTERNATIONAL, INC.

PanPacific International (www.yespanpacific.com) became The Amergence Group's first "Spin-Out" subsidiary. Headed by Mr. John T. "Jack" Martin, its chief executive, the company is charged with seeking out edgy and/or disruptive businesses in Hong Kong and the surrounding areas and incorporating them within PanPacific International. PanPacific is located at: 1702 Chinachem Tower, 34-37 Connaught Road Central, Hong Kong, Hong Kong S.A.R.

NOTES ABOUT FORWARD-LOOKING STATEMENTS

Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's Securities and Exchange Commission reports and filings. Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.

Contact Information

  • Company and Contact:
    Peter H. Jacobs
    Managing Director
    md@amergencegroup.com
    14220 N. Northsight Blvd., Suite 139
    Scottsdale, AZ 85260
    (480) 443-1600

    John T. Martin
    Chief Executive Officer
    jtm@yespanpacific.com
    PanPacific International, Inc.
    1702 Chinachem Tower
    34-37 Connaught Road Central
    Hong Kong, Hong Kong S.A.R.