SOURCE: Zolon Corporation

November 09, 2010 09:18 ET

Zolon Corporation Completes Integration of Its Latest Acquisition

ROLLING MEADOWS, IL--(Marketwire - November 9, 2010) -  Zolon Corporation (OTCBB: ZLON) announced that the Company completed the integration of Integrated Software Solutions (ISS) to its consulting platform headquartered in Plainsboro, NJ. Zolon acquired ISS' assets on July 1, 2010. Capstone Investments, a boutique investment bank, assisted in the capital raise for the acquisition of ISS and continues to work with Zolon to raise additional capital needed for the future planned acquisitions.

ISS provides a unique training platform in the areas of Software Engineering, Software Quality Control and Assurance using HP/Mercury and other testing tools. ISS has been in existence for over ten years and has built a solid reputation in the testing application. ISS' business model is based on training qualified consultants with graduate degrees specific to healthcare (CFR, ICDR 9 migrating to ICDR 10) and financial services (Basel, Sox) markets. The company enjoys long-term relationships with several healthcare/pharmaceutical and financial services clients. Zolon completed the integration using its well tested iBCD® framework that begins with Back office then Clients and then Delivery processes.

Zolon intends to adapt ISS' business model to its other units and expand the technology focus to Business Intelligence, Data Warehousing and other select high demand/high impact areas.

About Zolon Corporation
Zolon Corporation is presently focused in the Information Technology (IT) and Software enabled service areas which it has begun to enter through a series of strategic business combinations. The Company intends to target companies in the Financial Services, Health Care and Telecom sectors to create a diversified portfolio. The Company continues to actively pursue and negotiate for business acquisitions and/or combination opportunities with several targets and intends to consummate transactions in the near future to further execute its business strategy.

Forward-Looking Statements
This release contains forward-looking statements which are subject to the inherent uncertainties in predicting future results and conditions. Any statements that are not statements of historical fact (including statements containing the words "believes," "plans," "anticipate," "expects," "estimates," and similar expressions) should be considered to be forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Exchange Act of 1934, as each is amended, for which the Private Securities Litigation Reform Act of 1995 provides a safe harbor. Certain factors (including but not limited to those risk factors identified from time to time in our filings with the Securities and Exchange Commission as well as changes in economic conditions; outcome of negotiations; changes in the Company's access to necessary capital; outcome of litigation; volatility of capital markets; variability and timing of business opportunities; changes in accounting policies and practices; the effects of internal organizational changes; adverse state and federal regulation and legislation; and the occurrence of extraordinary or catastrophic events and terrorist acts; or other unforeseen changes in circumstances) could cause actual results and conditions to differ materially from those projected in such forward-looking statements. We do not undertake any obligation to release publicly revised or updated forward-looking information, and such information included in this release is based on information currently available and may not be reliable after this date.

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