SOURCE: Warp 9, Inc.

Warp 9, Inc.

October 28, 2014 03:01 ET

Warp 9 Announces Acquisition Strategy to Accelerate Growth

As the Company Continues to Experience Strong Organic Growth, It Announces Its Plan to Further Enhance the Growth of Its Business Through the Strategic Acquisition of Successful Digital Commerce Companies

SANTA BARBARA, CA--(Marketwired - Oct 28, 2014) - Warp 9, Inc. (OTCQB: WNYN), the premier provider of mobile and digital commerce solutions for midsize online sellers, today announced its plan to enhance the growth of its business through the strategic acquisition of successful digital commerce companies.

"Digital commerce is one of the fastest growing industries in the world right now and our WarpMobile group continues to experience strong organic growth," said Andrew Van Noy, CEO of Warp 9. "Shoppers are becoming more sophisticated and demanding in their digital shopping habits, and online merchants are in large part turning to digital commerce vendors to meet these rigorous demands. The need for a partner who can help online merchants effectively design, build, maintain and drive traffic and increase sales through their digital commerce channels is greater than ever. We see a real growth opportunity by becoming that partner to these merchants."

To strengthen its position in the industry and accelerate its growth, Warp 9 plans to acquire companies that are expert in the various digital commerce services that are needed to increase sales and decrease costs for online merchants. "We initially plan on focusing on what we know best, the Magento e-commerce marketplace," Van Noy continued. "There are over 240,000 online stores powered by Magento, and approximately 65 North American certified companies serving these merchants. By executing a consolidation strategy with a select group of these companies that are experienced in building, maintaining and driving sales for Magento merchants, Warp 9 will not only be in the position to capture a significantly larger share of the market, but will also be able to offer greater value to its customers."

In addition to serving the Magento commerce marketplace, Warp 9 has identified other digital commerce platforms and services providers that could be approached for future acquisition growth.

About Warp 9

Since 1998, Warp 9, Inc. is the premier provider of mobile and digital commerce solutions for midsize online sellers. Offering fully managed Software-as-a-Service desktop and mobile e-commerce technology, Warp 9 allows customers to focus on their core online businesses, rather than on technical implementations. To learn more about Warp 9, please visit www.warp9inc.com or on Twitter at www.twitter.com/warp9inc, or on Facebook at www.facebook.com/warp9inc

Risk Factors

While Warp 9, Inc. has identified a number of acquisition candidates, it has not successfully negotiated any transactions and if it is not able to so, then it will not be able to execute a successful acquisition strategy. Further, the successful acquisition of one or more companies may not result in a successful consolidated business.

Safe Harbor Statement

Matters discussed in this press release contain statements that look forward within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such statements that look forward. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the statements that look forward contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These statements that look forward are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.

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