Definition, LTD Announces Negotiations With Internet Website Provider
LAKE PARK, Fla., Feb. 1 /PRNewswire/ -- Definition, LTD (OTC Bulletin Board: DFNLD - news) announced today that negotiations are in progress to acquire the Premier Internet Website Service in Central Florida. This company has been in business for 5 years, operates profitably and averages 250,000 hits per month on its website. It is the premier website for tourists, those looking to relocate, and for local residents. The company has been featured on local TV stations and has a large variety of clients, including Downtown Disney. The acquisition is expected to be completed in three weeks.
This acquisition will be the beginning of Definition, LTD's entry into the Internet business. Preliminary discussions have also begun with a software company that has proprietary software that has been developed in a joint venture with a Texas utility company.
Except for historical matters contained herein, the matters discussed in this press release are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect assumptions and involve risks and uncertainties which may affect Definition, LTD business and prospects and cause actual results to differ materially from these forward-looking statements.
SOURCE: Definition, LTD
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