SOURCE: SKRM Interactive, Inc.

September 12, 2007 06:00 ET

SKRM Interactive Announces Successful Completion of Acquisition

ORLANDO, FL--(Marketwire - September 12, 2007) - SKRM Interactive, Inc. (OTCBB: SKMI) today announced the successful completion of the acquisition of Sector 10 Services USA Inc. The transaction was approved by the shareholders on June 28, 2007.

Under the terms of the merger agreement, Sector 10 shareholders will receive 65,000,000 common shares in exchange for 75% of the shares and control of their company. Pericles DeAvila was named President and Chairman of SKRM Interactive and CEO of Sector 10. The names of the new Officers and Directors will be released in conjunction with the name change to Sector 10 Corporation.

President Pericles DeAvila said, "Today we are pleased to announce that the transaction is completed between SKRM Interactive and Sector 10. The agreement was embraced by the Board of Directors and shareholders of both companies. We are very confident that the transition process will be seamless and the Sector 10 Corporation will work diligently to build and enhance shareholder value."

Michael S. Krome, Esq. acted as legal counsel for SKRM Interactive in completing this transaction. Brian Lloyd, of Parr Waddoups Brown Gee & Loveless, acted as legal counsel for Sector 10.

ABOUT SECTOR 10

Sector 10 Services USA, Inc. is a provider of pre-deployed emergency life response and escape equipment for high-rise buildings and city emergency needs for the post 9/11 world. Originally founded in 1999 by Pericles DeAvila, with principal offices located in Seattle, WA and Salt Lake City, UT, Sector 10 is the exclusive provider of the Pericles LogiX System. The Company's patented product lines include Mobile Response Units (MRU) and Stationary Response Units (SRU). For more information contact Pericles DeAvila (425) 761-6317

FORWARD-LOOKING STATEMENTS

This press release may include "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. All statements, other than statements of historical facts, included in this press release that address activities, events or development that the company expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company, which may cause the Company's actual results to differ materially from those implied or expressed by the forward-looking statements. The Company assumes no duty whatsoever to update these forward-looking statements or to conform them to future events or developments.

Contact Information

  • Contact:
    SKRM Interactive Inc/Sector 10 Services USA Inc.
    Pericles DeAvila
    CEO
    425-761-6317

    Todd Lorenze
    Hobson, Lorenze, Bowersock, LLC
    407-327-6444

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    Angela Junell
    214-461-3411
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