SOURCE: Strategic Global Investments, Inc.

Strategic Global Investments, Inc. - OTC:STBV Logo

February 01, 2011 14:27 ET

Strategic Global Investments, Inc. Acquires Social Media Company WaZuu, Inc.

CARLSBAD, CA--(Marketwire - February 1, 2011) -  Strategic Global Investments, Inc. (PINKSHEETS: STBV) acquired controlling interest in Wazuu, Inc., a Florida corporation and the owner of the social media website www.WaZuu.com as well as other social media websites, in an all stock transaction for an undisclosed number of shares of STBV common stock.

The company has contracted with Lee Schwuchow, who founded www.WaZuu.com six years ago, to continue his vision and continue to develop the WaZuu, Inc. sites.

Strategic, from its inception, has looked to acquire, initiate or develop properties, whether land-based or web-based that would enhance its portfolio and increase shareholder value and it has done that with the acquisition of WaZuu, Inc.

Strategic has taken the unique position, in the social media world of developing projects from the ground up and applying them to business for profit.

WaZuu.com is a social media site that promotes clubs, bars, restaurants, radio stations, video gaming and churches as well as other venues by providing live streaming video from their location to the WaZuu.com site. Viewers can socialize with each other through WaZuu Chat, Twitter, Facebook, Myspace and other social media outlets that are integrated into the WaZuu environment. The site's motto is, "Want to view it...WaZuu it!" followed with the tag line: DO U WaZuu?

Andrew Fellner, President/CEO of Strategic, says, "We think the purchase of Wazuu, Inc. was perfect timing to take advantage of the incredible potential of the social media and social networking environment taking place on the net. Working with Mr. Schwuchow has enabled the Company to accelerate development using his 'modular component' method of production. One member of our legal team said that, WaZuu.com is like Facebook.com on steroids!"

Strategic Global Investments, Inc. is a diversified investment company with ventures in real estate, social media and emerging technologies.Strategic Global Investments is a Delaware Corporation trading on OTC:STBV. The principal office is in Carlsbad, Ca. www.strategicglobalinvestments.com | www.wazuu.com

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