SOURCE: The Amergence Group

May 16, 2008 09:00 ET

The Amergence Group Ramps Up Business Development Opportunities

PHOENIX, AZ--(Marketwire - May 16, 2008) - The Amergence Group (PINKSHEETS: AMNG) announced today that it plans to ramp up its business development activities over the next several months.

Soon, the Company expects to announce further news regarding the new relationships it has forged during the past year. "The Amergence Group has identified several exciting new areas of potential growth, and we are excited about the prospect of capitalizing on several of the opportunities currently before the company," says Peter Jacobs, the Company's managing director.

In other company news, The Amergence Group's subsidiary, TranzByte, which is home to MediaMax technology, a suite of optical media management and enhancement technology developed by the Company, believes it has identified corporate candidates willing to license and exploit this unique technology and will be aggressively pursuing these opportunities.

ABOUT THE AMERGENCE GROUP

The Amergence Group (PINKSHEETS: AMNG) focuses on the development, nurturing and rapid expansion of selected emerging companies across a wide range of industries and disciplines. The primary goal of the new business development enterprise (BDE) is to coordinate services and activities which foster and promote a business environment capable of accelerating the growth of innovative companies.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

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
    prez@amergencegroup.com
    14500 N. Northsight Blvd., Suite 212
    Scottsdale, AZ 85260
    (480) 443-1600