DDEV - risen from the dead
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Monday May 3, 3:52 pm Eastern Time Company Press Release SOURCE: Distinctive Devices, Inc. Distinctive Devices, Inc. (DDI) Enters Into Understanding To Acquire EagleView Industries
LONG ISLAND, N.Y., May 3 /PRNewswire/ -- Distinctive Devices, Inc. (OTC Bulletin Board: DDEV - news) announced today that it has reached an understanding with EagleView Industries, Inc. of Delray Beach, Fla., to acquire EagleView in exchange for approximately ten million shares of common stock of DDI. The acquisition is subject to execution of a definitive acquisition agreement.
EagleView intends to be a premier provider of high-quality, low-cost broad bandwidth connectivity for Internet, data and video-telecommunications services.
Statements in this news release concerning future results, performance, expectations or intentions are forward-looking statements. Actual results or developments may differ materially from those expressed or implied by such statements as a consequence of known or unknown risks, uncertainties and other factors. SOURCE: Distinctive Devices, Inc. |