SOURCE: Warp 9, Inc.

Warp 9, Inc.

April 22, 2015 03:00 ET

Warp 9's Growth Strategy in Line With Global Mergers & Acquisitions Trend Data

New Study Reports 61 Percent of U.S. Companies, and More Than 50 Percent Worldwide, Plan to Pursue an Acquisition Within the Next 12 Months to Strengthen Their Business

SANTA BARBARA, CA--(Marketwired - April 22, 2015) - Warp 9, Inc. (OTCQB: WNYN), the premier provider of mobile and eCommerce solutions for midsize online sellers, today commented on a recent report that identified mergers & acquisitions as a strategic priority for U.S. and global executives within the next 12 months. The report's data showed that 61 percent of U.S. companies, and more than 50 percent globally, planned to pursue an acquisition to strengthen their business within the next year.

The 61 percent is the highest number ever recorded by Ernst and Young's Global Capital Confidence Barometer, now in its 12th year. Two of the most acquisitive sectors in the United States over the next year will be technology and retail, both crucial verticals to Warp 9's business.

"We continue to focus on our plan to grow through strategic acquisitions, and the current business climate and recent news from industry giants continues to support our plans," said Andrew Van Noy, CEO, Warp 9. "It's also very promising to see that two of the most active sectors for acquisition are thought to be technology and retail, both of which are key elements to our business. These developments give us greater confidence that we are on the correct path."

The data also showed that 89 percent of executives are planning smaller deals -- under $250 million in size -- meaning they are looking more to add innovation to current offerings rather than achieve total company transformation. This aligns with Warp 9's initiatives as the company looks to blend outside compentencies and technologies into a comprehensive digital commerce solutions provider.

"We have a strong set of solutions in-house for both eCommerce and cyber security, but we are always looking to complement our offerings with additional technologies to provide our clients with the most robust tools available," continued Van Noy. "The fact that so many executives are looking to make these types of deals will make it more attractive to other companies to be acquired. We look forward to finding synergistic companies that will help to further build our business and positively impact our bottom line."

Warp 9 announced in late 2014 its strategy to grow the company through strategic acquisition, an approach that has been validated by several eCommerce giants building out different business verticals through the acquisition digital commerce companies.

About Warp 9

Since 1998, Warp 9, Inc. is the premier provider of eCommerce solutions for midsize online sellers. Offering fully managed Software-as-a-Service web and mobile eCommerce 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

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.

Contact Information

  • Media Contact:

    Matthew Bretzius
    FischTank PR and Marketing
    Email contact

    For Sales:

    Andrew Van Noy
    Tel: 805-964-3313
    Email: Email contact