SOURCE: Andiamo Corporation

March 11, 2016 08:30 ET

Andiamo Corporation Executes FINRA Approved Corporate Action

LANSING, MI--(Marketwired - Mar 11, 2016) -  Andiamo Corporation (OTC PINK: ANDID), a Wyoming holding company, announced today that the Company's Corporate Action was approved by FINRA, enacting a 1 for 7,000 Reverse Split, effective today, March 11th, 2016. As a result of the split, the Company's Common Stock price will become $0.70 per share, and the immediate recapitalization of the Company's Common Stock will result in a Float of 234,897 shares. To view this action on the FINRA Daily List webpage, follow this link: http://otce.finra.org/DLSymbolNameChanges.

"This Corporate Action was a necessary step in Andiamo's drive to bring our Letter of Intent from last Quarter to the Final Agreement stage," stated William White, CEO of Andiamo Corporation. "This opportunity, along with other unique ventures, will help drive business and ensure diverse and continuously increasing revenue streams."

About Andiamo Corporation:

Andiamo Corporation, a Wyoming company, is a publicly traded company which specializes in prepackaged software services. Increased revenue and business opportunities have helped expand its role as a holding company. Specifically, we are looking for established companies with recurring revenues who need a capital infusion in order to move their business to the next level of profitability. With our additional resources, Andiamo now offers an end-to-end solution to ensure the success of our clients inside the micro-cap funding community, getting them the funding they need to bring their products to a national level with the aim of improving their bottom line. For more information on Andiamo Corporation, visit our website at http://www.andiinc.us, and sign up for our newsletter and receive the Company's latest news and updates delivered right to your email.

Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

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