Beyond Commerce, Inc. Announces $4 Million Sale of LocalAdLink's Proprietary Ad Software to Omni Reliant Holdings, Inc. and $800
07 Oktober 2009 - 3:30PM
PR Newswire (US)
HENDERSON, Nev., Oct. 7 /PRNewswire-FirstCall/ -- Beyond Commerce,
Inc. (OTC:BYOC) (BULLETIN BOARD: BYOC)
http://www.beyondcommerce.com/, an E-commerce solutions, local
advertising and social-commerce community, announced that Omni
Reliant Holdings, Inc. (OTC:ORHI) (BULLETIN BOARD: ORHI)
http://www.omnireliant.com/ will purchase LocalAdLink's proprietary
Ad Software for $4 Million and Zurvita Holdings, Inc.(OTC:ZRVT)
(BULLETIN BOARD: ZRVT) http://www.zurvita.com/, will purchase
$800,000 of common stock. (Logo:
http://www.newscom.com/cgi-bin/prnh/20090202/LA65335LOGO) Beyond
Commerce, Inc. CEO and Chairman, Robert McNulty, made the joint
announcement and stated that "Beyond Commerce is very pleased with
the transactions that will allow the Company to continue to grow
its operations in an aggressive and vibrant manner." LocalAdLink,
Inc. is a wholly owned subsidiary of Beyond Commerce, Inc. As a
result of this transaction, LocalAdLink will assign all of its
independent sales representatives from the U.S., Australia and
Canada to Zurvita, a premier network marketing company and a
partner entity of Beyond Commerce, Inc. Robert McNulty, CEO and
Chairman of Beyond Commerce, Inc. stated, "The ad sales and team
building opportunities of success will continue to grow more
rapidly under the solid leadership of Mark Jarvis of Zurvita, who
is a highly regarded leader in the network marketing industry with
an unparalleled track record of success over the last twenty
years." Zurvita Holdings, Inc. is a premier marketing company that
is focused on offering unmatched services and exceptional value.
Mark Jarvis, Zurvita Holdings, Inc. Co-CEO stated, "We at Zurvita
welcome this partnership with LocalAdLink and look forward to
bringing LocalAdLink's independent sales representatives into our
Zurvita family. This is an unparalleled opportunity for Zurvita's
continued growth and expansion. The local online advertising
marketplace is projected to grow to more than $11 billion in the
U.S. by 2011. This combination of LocalAdLink's technology with
Zurvita's network marketing expertise will create a powerhouse in
local advertising." The use of funds from this transaction will be
used to reduce $4 million of current debt and the balance for
general working capital. Additionally, Beyond Commerce, Inc. will
reduce approximately $4.2 million of other debt over the next
month. About Zurvita Holdings, Inc. Zurvita Holdings develops
life-time relationships with its customers and business partners
based on the exceptional value of its services. Zurvita Holdings is
committed to the financial stability and future of its
representatives by consciously offering products of exceptional
value along with a compensation plan that will enhance an
individual's ability to earn a reasonable part-time income as well
as the ability to achieve financial independence with a full time
effort. About Beyond Commerce, Inc. Beyond Commerce, Inc. provides
best in class products, services, and solutions by being the low
cost provider in its market sector. i-SUPPLY,
http://www.i-supply.com/, offers easy to use, fully customizable
E-commerce services and revenue solutions for any website, large or
small, and hosts local ads, providing extensive reach for our
proprietary advertising partner network platform. LocalAdLink,
http://www.localadlink.com/, is a local business search directory
and advertising network that brings local advertising to
geo-targeted consumers. BOOMj, http://www.boomj.com/, is a
social-commerce community. Safe Harbor Statement under the Private
Securities Litigation Reform Act of 1995: Except for historical
information, the matters discussed in this press release contain
forward-looking statements that involve risks and uncertainties,
including but not limited to economic, competitive, governmental
and technological factors affecting Beyond Commerce, Inc.
operations, markets, products and prices and other factors
discussed in the Company's various filings with the Securities and
Exchange Commission.
http://www.newscom.com/cgi-bin/prnh/20090202/LA65335LOGO
http://photoarchive.ap.org/ DATASOURCE: Beyond Commerce, Inc.
CONTACT: Liz Wong of Beyond Commerce, Inc., +1-702-463-7000, Web
Site: http://www.omnireliant.com/ http://www.zurvita.com/
http://www.localadlink.com/ http://www.beyondcommerce.com/
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