Readen Holding Corp.

September 27, 2011 03:36 ET

Readen Holding Corp. (PINK SHEETS:RHCO) Announced Today the Signing of a Letter of Intent to Acquire

HILVERSUM, THE NETHERLANDS--(Marketwire - Sept. 27, 2011) - READEN HOLDING CORP. (PINK SHEETS:RHCO) has signed a letter of intent for the acquisition of through Readen's subsidiary, D5 Mobile, the Netherlands, the distributor of the Readen's telecom hardware and software applications. is an online music distributor and platform with more than one million unique visitors per month and growing, totally generated through their social media marketing expertise.

The acquisition will bring to the Readen Group technical and creative expertise to build a mobile driven music platform for free and paid music downloads for all D5 mobile end users.

Mr. G. R Steenbergen president of Readen Holding Corp. (RHCO) says "This is a major step towards our plan to become a full service telecom organization. With and its management, we have acquired all the company's expertise in social media marketing and D5 Mobile will strengthen's revenue model with Readen's commercial expertise."

Readen Holding Corp., who invests not only in telecommunications, in general, but through its subsidiaries, also continues to develop and design tailor-made products and application software for the telecom market to meet the needs of consumers and the service industry.

Readen Group's mission statement is to be a valuable partner for customers in terms of technical flexibility, quality and competitive pricing through the complete value chain (SIM cards, mobile phones and applications).

This press release may contain forward-looking statements, including, but not limited to, statements regarding Readen Holding Corporation and its plans, products and related market potential. Forward-looking statements may be identified by the use of the words "anticipates," "expects," "intends," "plans," "should," "could," "would," "may," "will," "believes," "estimates," "potential" or "continue" and variations or similar expressions. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in Readen Holding Corporation's postings on the OTC Markets Disclosure & News Service and future filings with the Securities an Exchange Commission, which factors are incorporated herein by reference. Readers are cautioned not to place undue reliance on any of these forward-looking statements. Readen Holding Corporation undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.

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