Malwin Ventures Finalizes Agreement to Acquire 100% of Impact Future Media
LAS VEGAS, March 25, 2014 /PRNewswire/ - Malwin Ventures Inc., (MLWN OTC PINK) has finalised their agreement to acquire 100% ownership of Impact Future Media, a limited Liability Co. Impact will operate as a wholly owned subsidiary of Malwin, retaining its name and continuing to focus on its growth in film, television production, distribution and financing.
"We are extremely excited about Impact joining the Malwin family," said Francois Garcia, IMPFM President & Founder. "Malwin's partnership allows IMPACT greater flexibility and increased awareness regarding its growth as a multifaceted producer, distributor and financier".
Impact, will continue to operate from its headquarters in Santa Monica, California and regional offices. Francois Garcia will continue to lead the growing organisation into what all believe, will be a much broader market.
"This is a very exciting time for both MALWIN and IMPACT FUTURE MEDIA. Our shareholders will benefit greatly from, what we know, is a great amalgamation of two leading edge companies," said Terry Fields, CEO of Malwin Ventures Inc.
Impact Future Media funds, develops, produces and distributes high-quality and commercially viable original content. Ranging from Web Series, Television Series, Feature Films and Documentaries IMPFM focuses on high involvement, controversial and special interest topics. www.impfm.com
Impact Interactive is an innovative digital media division that funds, develops, produces, publishes and distributes quality digital content. IMPFM Interactive services range from Graphic Design, Web Design, 3D Graphics, Animation, Video Production to Games and App development. www.impfm.net
IMPACT Publishing is an innovative and forward-thinking division that acquires, develops, publishes and distributes a variety of products ranging from fiction & non fiction books, life style magazines, graphic novels to a variety of web based properties.
Forward-Looking Statements: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company and all affiliated parties do not assume any duty to publicly update or revise the material contained herein.
SOURCE Malwin Ventures