Contact Information: Contact: Dino Luzzi CEO Medivisor, Inc. 326 Walt Whitman Road Huntington Station, N.Y. 11746 Tel: 631.549.7100
Medivisor to Acquire Next-Gen Media Agency
| Source: Medivisor, Inc.
HUNTINGTON STATION, NY--(Marketwire - July 10, 2007) - Medivisor, Inc. (PINKSHEETS : MVSR ),
a leader in next-generation marketing tools, today announced that it has
entered into a definitive agreement to acquire Big Pants Media LLC, a
privately held New York-based design and development agency, in an
all-stock transaction valued at $85,000 based on Medivisor's closing stock
price on June 30, 2007. The acquired businesses and assets will be
integrated with Medivisor's existing operations to further enhance the full
suite of marketing/promotional tools and services (i.e. SMS capabilities to
cell phones, PDAs & Smartphones). In addition, the Big Pants Media
acquisition also brings WAP development and application technology
offerings to future Medivisor clients.
"On the heels of our recent Mucotrol marketing rights win, we are now
executing our expansion plans through strategic alliances and acquisitions
to extend our leadership position in online marketing," said Dino Luzzi,
Chief Executive Officer of Medivisor. "This key acquisition of Big Pants
Media immediately allows Medivisor the opportunity to leverage our own
technology to attract a deeper customer base while completely embracing the
ever changing landscape of
next-generation marketing. Our prior seamless dealings with Big Pants only
solidifies this purchase as the next logical step for us."
About Big Pants Media Corp.
Based in Hauppauge, NY, Big Pants Media is a full-service design and
development agency that develops websites and strategic marketing campaigns
across web and mobile. Big Pants Media provides the necessary skill set to
successfully research, develop, execute, and optimize the perfect online
media mix. Additionally, as delivering content to mobile devices such as
cell phones and PDAs becomes more prevalent with consumer adaptation of the
mobile internet, Big Pants Media is already positioned to design and
deliver custom WAP Sites and SMS Marketing campaigns, having successfully
completed several mobile specific projects.
About Medivisor, Inc.
Medivisor, Inc., a rapidly growing developer of next-generation focus
driven marketing tools, was founded by Dino Luzzi, Chief Executive Officer,
and incorporated in 2002. The company is based in Huntington Station, New
York and is dedicated to providing technologies that offer innovative and
competitive advantages to the pharmaceutical industry and beyond.
Medivisor, Inc. provides medical information to healthcare professionals,
through its Web sites, using interactive, informational, video, and graphic
presentations. For more about Medivisor, Inc., go to
http://www.medivisor.com.
SAFE HARBOR: Certain statements contained in this release may be deemed
forward-looking statements, with respect to plans, projections, or future
performance of the Company, the occurrence of which involves certain risks
and uncertainties that could cause actual plans to differ materially from
these statements. These risks and uncertainties include but are not limited
to: market demand for the Company's tools, successful implementation of the
Company's tools, competitive factors, the ability to manage the Company's
growth, the ability to recruit and retrain additional software personnel,
and the ability to develop new business lines.