ZULU NEWS **** [version II]
Monday March 9, 8:41 am Eastern Time
biz.yahoo.com
Company Press Release
SOURCE: ZULU-tek, Inc.
ZULU Enters Financing Pact With Enhanced Service Company, Inc.
EL SEGUNDO, Calif., March 9 /PRNewswire/ -- ZULU-tek, Inc. (OTC Bulletin Board: NETZ - news; ''Zulu'') announced a strategic alliance with Enhanced Services Company, Inc. (Nasdaq: ESVS - news). ESVS has acquired an equity stake in ZULU, and plans a $50 million private placement commencing in mid- March. This new alliance will make ZULU a financial force in competing with DoubleClick, Inc. (Nasdaq: DCLK - news).
The strategic alliance will provide ZULU the technology infrastructure to maximize the total multi-media solution for the Internet. ZULU now becomes the first firm to offer clients in-house services that include both marketing acumen and technological capabilities, including the ability to develop ''beyond the banner'' advertising that delivers movie-quality Internet ads and select the appropriate type of file to deliver to end users depending on modem speed.
ZULU-tek, Inc. is the world's leading interactive advertising sales and marketing company. A pioneer of interactive advertising sales and marketing, ZULU and its predecessors have handled advertising sales for many of the largest, most established, well-branded sites on the World Wide Web and have been a key element in the growth of the Web as an accepted and effective advertising medium. With a dedicated sales force and marketing, technical and administrative personnel, ZULU offers its clients an unmatched level of global reach, marketing sophistication, customer service and access to key decision makers within the advertising and Internet communities. The company represents the consolidation of SOFTBANK Interactive Marketing, Inc. (''SIM'') and echoMEDIA, INC.
SOURCE: ZULU-tek, Inc. |
