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Blue Wireless & Data Acquires Rev Media, Inc.
Jun 9, 2008 2:11:00 PM
Copyright Business Wire 2008
DALLAS--(BUSINESS WIRE)-- Blue Wireless & Data, Inc. (Pink Sheets:BWDT) today announced that it has acquired Rev Media, Inc., a company formed to create www.revlounge.com. The website will offer consumers the ability to enjoy concerts real-time via the Internet from popular live music venues. Blue Wireless & Data, Inc. ("Blue") offers a full range of technology services for multi-use commercial and entertainment areas including Internet bandwidth, wireless internet access, audio and visual equipment, VoIP telephone, and IT relocation services. Blue will provide the IT management for Rev Media as the company builds out the technology and equipment infrastructure essential to stream live performances. Rev Media, Inc. has created a unique business model to maximize the revenue of musicians and music venues through revlounge.com. The music industry continuously reports declining sales as fans buy fewer CD's and turn Online for their music. "Rev Media enables performing artists and venues to capitalize financially from their touring revenue through the use of technology," said Trey Berndt, CEO and President of Blue Wireless & Data, Inc. About Rev Media, Inc. Rev Media, Inc. was founded in February 2008 and is based in Dallas, Texas. Rev Media, Inc. combines marketing, technology and entertainment to increase viewing opportunities for customers and revenue opportunities for performing artists, live music venues, sports arenas and other entertainment complexes. About Blue Wireless & Data, Inc. Blue Wireless & Data, Inc. (Pink Sheets:BWDT) offers complete turn-key solutions in the field of Information Technology. The Company provides overall assessment of all Internet and information technology needs, professional high performance Internet access services at competitive rates, and complete customization of technology to suit the needs of individual businesses. Additionally, Blue Wireless &
Data, Inc. provides 24/7 IT support by skilled technicians with automation escalation to expert engineering support. Forward-Looking Statements Disclosure This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. In connection with the "safe harbor" provisions of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, important factors that, among others, could cause or result in actual results and experience to differ materially from the Company's anticipated results, projections, or other expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions. Source: Blue Wireless & Data, Inc.
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Blue Wireless & Data
Inc.
Trey Berndt
866-765-4938
Fax: 214-520-2366
tberndt@bluewirelessdata.com
http://www.bluewirelessdata.com
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