SOURCE: The Amergence Group

The Amergence Group

June 08, 2009 09:00 ET

The Amergence Group and PanPacific Business (Hong Kong) Enter Joint Venture

PHOENIX, AZ--(Marketwire - June 8, 2009) - The Amergence Group (PINKSHEETS: AMNG) and PanPacific Business, Ltd. of Hong Kong (www.yespanpacific.com) have agreed to enter into a joint venture where PanPacific will locate successful China-based businesses wishing to merge with Amergence-supplied bulletin board and NASDAQ reporting shell companies domiciled in the United States.

The Amergence Group will supply all of the professional expertise required to successfully complete each merger once PanPacific delivers an acceptable Asian-based merger candidate. The Amergence Group will retain an equity position in each completed transaction and plans to distribute a portion of that equity to its shareholders.

"By working with PanPacific Business, Amergence will have its eyes and ears halfway around the world in our search for optimum merger candidate companies," says Peter Jacobs, Amergence's managing director.

ABOUT THE AMERGENCE GROUP

The Amergence Group (www.amergencegroup.com) creates innovative services and assistance to development and early stage businesses with a goal toward accelerating their plans to complete development and market edgy or disruptive technologies. Amergence will earn equity for its assistance and expects to share that equity with its shareholders in the form of dividends.

The Company's Tranzbyte division focuses on the development and marketing of optical and solid state media enhancement technologies such as DVCD™, CDMX™, and FlashCDMX™ for DVDs, CDs, and Flash Ram respectively.

ABOUT PANPACIFIC BUSINESS, LTD.

PanPacific Business Ltd. (www.yespanpacific.com) provides one-stop shop solutions on out-of-home advertising opportunities. The Company offers premium advertising space and quality printing production throughout China. In addition, the Company joint ventures major live headline entertainment throughout China with its head office located in Hong Kong.

Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements.

Contact Information

  • Company and Contact:

    Peter H. Jacobs
    Managing Director
    The Amergence Group
    md@amergencegroup.com
    14220 N. Northsight Blvd., Suite 139
    Scottsdale, AZ 85260
    (480) 443-1600

    John Martin
    President
    PanPacific Business, Ltd.
    1702 Chinachem Tower
    34-37 Connaught Road
    Central Hong Kong