Exclamation Business Developmentsadmin
Exclamation Business Developments
Toronto, Ontario CANADA, November 26, 2013 /FSC/ – Exclamation Investments Corporation (XI – TSX Venture), (“exclamation”), a business creator conceiving and developing paradigm-shifting businesses in the dual role of founder and seed investor, is pleased to provide significant corporate developments in several of its portfolio companies.
“Exclamation has been working to increase the value of its investee companies. We are delighted to report several important milestones that have taken place over the past few months. ” commented Marc Lavine, exclamation’s Chief Executive Officer. “We are excited about the near to medium term outlook and believe there’s an opportunity to unlock significant value for our shareholders.”
One Inc. (“One”), continues to build on its transformative and patent pending universal recognition technology which eliminates the need for consumers to carry multiple membership cards. It has signed term sheets with strategic partners, both international and national companies. One’s management is in advanced negotiations with leading Canadian retailers, loyalty programs and membership organizations. The progress to-date validates exclamation’s approach to business creation and sets the stage for a rollout of One’s service.
Advantex Marketing International Inc. (“Advantex”) (CNSX:ADX) a specialist in the marketing services industry has renewed its service contract with CIBC for another three years through September 30, 2016. Two additional one year periods can be added to the current contract at the option of CIBC. Advantex and CIBC will continue their program of incremental loyalty rewards and benefits offered to credit cards issued by CIBC. In addition, Advantex has successfully renewed its agreement with Accord Financial Inc., a subsidiary of Accord Financial Corp. (TSX:ACD) for a one year term expiring in December 2014. Under this agreement, Advantex will continue to have access to a credit facility with a limit of $8.5 million earmarked for its Advance Purchase Marketing program. The renewal of these partners bolds well for the future of Advantex.
The Chrysalis Capital Group Inc. (“Chrysalis”) continues to work diligently with Spectra7 Microsystems Inc. (“Spectra7″) (TSXV:SEV) to help them achieve their goal of delivering unprecedented speed, resolution and signal fidelity to consumer and wireless infrastructure products with its latest product announcement of the industry’s first self-powered chip capable of delivering 1080p HD and next-generation 4K Ultra HD television. Spectra7 went public through a reverse take over of Chrysalis Capital VIII Corporation, a Capital Pool Company (“CPC”) created by Chrysalis. Exclamation’s investment and strategic partnership with Chrysalis allows it to participate in the seed round of Chrysalis’ CPCs, setting the stage for significant gains. Exclamation believes that Spectra7’s innovation will keep them as an industry leader.
For more information about One Inc., visit www.one-inc.com
For more information about Advantex Marketing International Inc., visit www.advantex.com
For more information about The Chrysalis Capital Group Inc., visit www.tccg.ca
For more information about Spectra7 Microsystems Inc., visit www.spectra7.com
For more information about exclamation, visit www.exclamation.com
ABOUT ONE INC.
One Inc.( http://www.one-inc.com/) is solving the problem of too many cards in the consumer’s wallet and too many apps on the phone through “Universal Recognition(tm)”. The “One Inc. Universal Recognition Platform” makes it possible to consolidate all of a consumer’s loyalty and membership numbers into a single “One Inc. Number”. This number can be linked to any payment card or recognition token that the consumer chooses and the merchant accepts. This may be in the form of a card, a mobile app, attached to your payment card, in your e-wallet or any other token. Now One Inc.’s recognition token replaces all the membership cards in your wallet and apps on your phone.
About Advantex Marketing International Inc.
Advantex(http://www.advantex.com/) is a specialist in the marketing services industry. Advantex partners with CIBC, and Aeroplan. On a combined basis, Advantex has contractual marketing access to more than five million Canadian consumers with above-average personal and household income. Advantex’s merchant partner base currently consists of about 2,000 merchants operating restaurants; golf courses; independent inns, resorts and selected hotels; spas; retailers of men’s and ladies fashion, footwear and accessories; retailers of sporting goods; florists and garden centres; book and newspaper stores; health and beauty centres; dry cleaners; gift stores; home decor; automotive dealers, service centers; and tire dealerships; many of which are leaders in their respective categories.
ABOUT THE CHRYSALIS CAPITAL GROUP
At the heart of The Chrysalis Capital Group(http://www.tccg.ca/) is a desire to work with and invest in high quality people and businesses. Chrysalis creates a series of Capital Pool Companies, with the ultimate goal of completing reverse take-overs with high quality private companies looking to list onto the Toronto Stock Exchange. We are not financiers or middlemen who derive income from fees – we are investors who seek upside via capital gains. This unique structure means we act as both a new investor looking to invest in a high quality business at a reasonable value and an existing insider, who is concerned with the long-term success of the business. The experience and expertise Chrysalis has gained in over a dozen transactions has led to our recognition as a leader in CPC reverse transactions. For more information, please visit www.tccg.ca.
ABOUT SPECTRA7 MICROSYSTEMS INC.
Spectra7 Microsystems Inc.(http://www.spectra7.com/) is a high performance analog semiconductor company delivering unprecedented speed, resolution and signal fidelity to consumer and wireless infrastructure products. Spectra7’s new system-level components address throughput bottlenecks and satisfy the exponential demand for more bandwidth and lower costs in mobile and internet infrastructure equipment, including handsets, tablets, base stations and microwave backhaul systems. Spectra7 is headquartered in Markham, Ontario with development centers in Silicon Valley, Irvine, California and Cork, Ireland. For more information, please visit www.spectra7.com.
ABOUT EXCLAMATION INVESTMENTS CORPORATION
exclamation Investments(http://www.exclamation.com/) is a business creator that conceives and develops paradigm-shifting businesses in its roles of seed investor, founder and active partner. Leveraging its trans-Atlantic network to develop new business concepts, and its proven process for transforming ideas and capital into profits, exclamation shareholders participate from the founder stage as they ‘get in’ at a low cost before significant value is established, and are positioned to ‘exit’ and realize gains when value is maximized offering potential returns significantly higher than traditional venture capital and private equity. For more information about exclamation, visit http://www.exclamation.com.
Certain information in this news release may constitute forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Corporation assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Corporation. Additional information identifying risks and uncertainties is contained in the Corporation’s filings with the Canadian securities regulators available at www.sedar.com.
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact:
Exclamation Investments Corporation
Daniel Shields, Chief Financial Officer
t : 1 (888) 838-1666
To view the press release as a PDF file, please click on the following link:
Source: Exclamation Investments Corporation (TSX-V XI) www.exclamation.com
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Posted: November 26th, 2013 under FSCWIRE.