PHOENIX, AZ and HONG KONG, Aug 06, 2010 (MARKETWIRE via COMTEX) — The Amergence Group (PINKSHEETS: AMNG), a company that focuses on the development, nurturing, and rapid expansion of selected emerging companies across a wide range of industries and disciplines, announced today its new vision called “Dividend Farming” — a methodology intended to more directly share the benefits of the company’s future acquisitions with its shareholders.
The Amergence Group (www.amergencegroup.com) attracts established and early growth businesses seeking to take advantage of resources not generally available to private companies through the public capital markets and provides them mission-critical capital, legal, accounting, and public relations resources. Amergence then acquires these companies and infuses them with the expertise and resources needed to transform them into their own unique, fully-reporting, publicly-traded, bulletin board companies. Following each spin out, Amergence uses its contacts and expertise to assist each company’s introduction into the public marketplace.
The primary goal of the new business development enterprise (“BDE”) is to coordinate services and activities intended to foster and promote a business environment capable of accelerating the growth of these chosen innovative companies. In exchange for its services, The Amergence Group accepts equity positions in each of these promising new companies which are then divided between Amergence and individual current Amergence shareholders following every spin-out.
Peter H. Jacobs, Amergence’s president says, “We call this concept ‘dividend farming,’ and I believe this bold new initiative will induce many of our shareholders to retain and grow their positions in Amergence because doing so will enable them to receive a portion of every company Amergence elects to ’spin out’ as each becomes its own fully reporting public company. Through our acquisition of these diverse companies, The Amergence Group believes it will generate a diverse interest in the Company from many different investment segments.”
With management expertise and offices around the globe, The Amergence Group is uniquely positioned to introduce these bold, edgy, or disruptive businesses to the world as each is spun out to become their own individual fully-reporting public companies.
ABOUT THE AMERGENCE GROUP
The Amergence Group’s (PINKSHEETS: AMNG) provides valuable advice and support to new businesses with its goal of accelerating their intended plans to introduce edgy, disruptive, and/or innovative technologies to the world market. The Company’s 8-year-old Tranzbyte division continues to focus on the development and marketing of its innovative group of optical media enhancement technologies worldwide such as FLASHAlbum, a technology which enables distributors of optic disc media (CDs and DVDs) to combine the best features of both on one USB flash drive.
NOTES ABOUT FORWARD-LOOKING STATEMENTS
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company’s Securities and Exchange Commission reports and filings. Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.
