Artec Global Media Inc. Signs Letter of Intent to Acquire New Business

SAN DIEGO, CA--(Marketwired - May 12, 2015) - Artec Global Media, Inc. (OTCQB: ACTL), is announcing today that it has signed a Letter of Intent to acquire the business of Citracado Market Advisors Corporation.

The Letter of Intent requires a due diligence period before the parties to the Letter of Intent proceed to a more formal asset purchase agreement. The Letter of Intent calls for cash investments to be made into the to-be-acquired company after finalization of the asset purchase agreement, and these investments will be used to help grow the existing business. We expect the acquisition to close within 60 days.

"Our Company is proud to announce this Letter of Intent. We have been looking for good, profitable companies that are synergistic with our existing business lines, with experienced management. Citracado meets these goals, having generated over $5 Million in revenue with a substantial profit margin for fiscal year 2014. This acquisition will provide for tremendous upside for our investors. Additionally, we are looking to acquire more businesses to continue to fill out our product lines," said Company CEO Caleb Wickman.

"Citracado brings years of data and direct to consumer marketing experience to our clients, offering a full range of data, consulting fulfillment, and creative design," added Brad Dawson, President of Citracado. "Our understanding of client goals, industry insight and marketing tools are what ultimately drive our clients' ROI. Becoming a part of Artec should increase our scope and capabilities for our clients."

About Artec Global Media, Inc.
Artec Global Media, Inc. ("Artec", "the Company", "we" or "us") is a vertically integrated marketing firm that provides affiliate marketing, publishing and related professional services focused on developing and executing comprehensive strategies and programs that supports customer business goals. The Company offers a comprehensive suite of online marketing and reporting solutions, including lead gen (prospect email, performance display, mobile marketing), performance media (PPC, SEO, social media, retargeting) and affiliate marketing, as well as other related web services. For more information go to www.artecglobalmedia.com.

About Citracado, Inc.
Citracado Market Advisors was founded by Brad Dawson bringing years of data and marketing experience to form a company that is dedicated to business development and client performance. With an impressive financial background in Mortgage, Real Estate, and Equity Analysis Brad has a unique perspective that offers clients insight and a fresh perspective that is often lacking in other agencies. Mr. Dawson has been quoted in various industry publications. Citracado's data and direct to consumer marketing experience brings to their clients a full range of data, consulting, fulfillment, and creative design services. Citracado's clients span a range of small businesses to Fortune 500 companies, from the individual real estate investors to large manufacturers. Their consultants and industry knowledge are unsurpassed. For more information go on Citracado to http://www.citracado.com

Safe Harbor and Informational Statement:
This press 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 Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. This document includes "forward-looking statements" within the meaning of the securities laws. The words "may," "could," "should," "estimate," "project," "forecast," "intend," "expect," "anticipate," "believe," "target," "plan," "providing guidance" and similar expressions are intended to identify information that is not historical in nature.

This document contains forward-looking statements. All statements, other than historical facts, including, but not limited to: the expected benefits of the transaction such as improved operations, growth potential, market profile, the competitive ability and position of Artec Global Media, Inc. (or the "Company") and any assumptions underlying any of the foregoing, are forward-looking statements. Such statements are based upon current plans, estimates and expectations that are subject to risks, uncertainties and assumptions. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. You should not place undue reliance on such statements. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, factors as detailed from time to time in the Company's filings with the Securities and Exchange Commission ("SEC"), including Artec Global Media's Annual Reports on Form 10-K for the year ended January 31, 2012, and Quarterly Reports on Form 10-Q for the quarter ended October 31, 2013, and in other materials that have been filed by Artec Global Media, which are available on the SEC's web site (www.sec.gov).

All forward-looking statements contained in this document and the documents referenced herein are made only as of the date of the document in which they are contained, Artec Global Media, Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.