Encounter Technologies, Inc. (ENTI) Announces Financing Agreement With Spire Investment Group for up to 10 Million Dollars to Fu
16 Abril 2010 - 2:30PM
Marketwired
Encounter Technologies, Inc. (PINKSHEETS: ENTI) announced today the
company negotiated a financing contract with Spire Investment Group
for up to ten million dollars to support their June 2010 launch of
their web site MusicMatrix.com. Traunches will be invested into
Encounter Technologies, Inc. (ENTI) on a monthly basis. The
financing has been put into place to support the promotional
campaign with Mpower Entertainment for MusicMatrix.com
About Spire Investment Group, Inc. Spire Investment Group's®
approach to investing in commercial/residential real estate, online
media, and much more is based on the underlying principle that the
client comes first. Founded by Mr. Bryan Bardes, and Mr. Eric
Kafrawy in 2008, SIG has driven to exceed our client's investment
expectations by building a strong relationship as the foundation to
this success. This simple concept has become the cornerstone of
SIG's investment philosophy.
About MusicMatrix.com On MusicMatrix.com, users are able to
participate in music video editing competitions in order to win
both prizes and recognition. Encounter Technologies, Inc. (ENTI)
has developed a cutting edge, innovative, and simple to use
platform for MusicMatrix.com which facilitates the video uploading,
editing, sharing, and viewing experiences. By creating an
environment which rewards both innovation and creativity, users are
given the incentive to implement their own unique online marketing
campaigns in order to expose a particular artist or song to
populations and demographics not typically reached through standard
mass campaigns.
About Encounter Technologies, Inc. (ENTI) Encounter
Technologies, Inc. provides end-to-end technology and online
marketing services, including design, build, hosting, and online
marketing support. We specialize in social media, video technology,
and online entertainment web solutions. Encounter Technologies,
Inc. utilizes their pre-built applications to provide the platforms
in which to base solutions for businesses looking to utilize video
technology to increase online collaboration and interaction. Our
goal is to provide our clients with the best methods to increase
user value and achieve desired business results. Simply put,
Encounter Technologies, Inc. transforms ideas into revenues. For
more information about Encounter Technologies, Inc., visit
www.encountertech.com.
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 and such forward-looking statements are made pursuant to
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. You are cautioned that such statements are
subject to a multitude of risks and uncertainties that could cause
future circumstances, events, or results to differ materially from
those projected in the forward-looking statements as a result of
various factors, and other risks. You should consider these factors
in evaluating the forward-looking statements included herein, and
not place undue reliance on such statements. The forward-looking
statements in this release are made as of the date hereof and
Encounter Technologies, Inc. under take no obligation to update
such statements.
Contact: Sheri Cook Marketing Representative Encounter
Technologies, Inc. press@encountertech.com
Encounter Technologies (CE) (USOTC:ENTI)
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