Holdings, Inc. (Paradigm) is an information technology (IT) and
solutions provider focused on supporting the operational efficiency and
security of government enterprises. Paradigm supports its clients’ in
core technical areas: enterprise optimization, enterprise solutions,
support and mission assurance. As of December 31, 2008, the Company had
three subsidiaries: Paradigm Solutions Corporation, which delivers IT
to federal agencies; Trinity IMS, Inc. (Trinity), to deliver IT
and cyber forensics solutions into the national security marketplace,
Caldwell Technology Solutions, LLC (CTS), to provide IT solutions in
of national security programs within the intelligence community.
provides IT solutions to its federal clients, focusing on expanding
for national security programs with customer agencies.
Paradigm Group Enters Into Memorandum Of
Understanding To Acquire Assets Of WIC
April 28, 2017 /PRNewswire/ -- Paradigm Group, Inc. (OTCQB: EMSF) today
announced that it had entered into a non-binding Memorandum Of
Understanding ("MOU") to acquire a diversified portfolio of operational
and revenue generating assets from Wireless Industry Corporation, a
holdings group based in Puerto Rico.
transaction represents the first of many deals being negotiated by
Paradigm Group. The Company will acquire this valuable portfolio at a
very attractive valuation which will result in creating a competitive
advantage and believes that these assets are currently under performing
due to under capitalization and can be operated more efficiently.
The assets to
be acquired consist of partnership interest in Latin America's
Telemedicine Venture, multiple telecommunication software platforms,
intellectual property as well as all current and future distribution
contracts with major retailers with 100+ SKU's, accounts receivables
and product inventories.
Paradigm Group's CEO, commented: "We are pleased to have the
opportunity to acquire a diverse portfolio of valuable assets which we
believe will generate an attractive and stable revenue stream for our
company. This deal illustrates many opportunities available to our
shareholders and the company to generate compelling investments. We
believe that this transaction will occur at a substantial discount to
the market valuation of the underlying assets and that our expected
yield relative to our purchase price of the assets would be extremely
profitable to our shareholders."
terms of this agreement, Paradigm Group will acquire all assets in all
equity transaction involving issuance of Preferred Shares of the
Company, thus limiting dilution.
Transaction, which is subject to 30 days no-shop clause and certain
conditions, including satisfactory completion of financial due
diligence and obtaining certain legal consents. Both parties agreed to
enter into a binding Letter Of Intent ("LOI") agreement by May 28 and
to fully complete this asset purchase by the third quarter of 2017.
Group, Inc. (PG) - Diversified holding company that acquires, invests
and operates revenue generating companies (subsidiaries), primarily in
the healthcare, e-commerce, mobile technologies, transportation and
consumer goods markets that have a seasoned management team, solid
operating histories, minimum debt, high growth potential and tangible
assets, designed to mitigate investor risk. PG is focused on
implementing unique business strategies, creating liquidity through
asset based infrastructure, supporting and improving operations,
infusing an additional growth capital, maintaining and expanding a
market presence in their niche sectors, while constantly enhancing this
process by a multitude of initiatives.
About EMS Find
- Industry's first, on-demand transportation platform, that connects
health care providers and consumers with the closest medical
transportation providers for the benefit of the patients. The platform
enables healthcare providers and patients to schedule medical
transportation in timely and efficient manner, based on the type of
medical transportation which best fits each patient's needs.
Looking Statements: Safe Harbor Statement under the Private Securities
Litigation Reform Act of 1995: This news release contains
forward-looking information 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, including statements that include the
words "believes," "expects," "anticipate" or similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to differ materially from
those expressed or implied by such forward-looking statements. In
addition, description of anyone's past success, either financial or
strategic, is no guarantee of success. This news release speaks as of
the date first set forth above and the Company assumes no
responsibility to update the information included herein for events
occurring after the date hereof. See EMS Find, Inc.'s filings with the
Securities and Exchange Commission, which identify specific factors
that may cause actual results or events to differ materially from those
described in forward-looking statements.
Paradigm Group, Inc.
Rubakh, firstname.lastname@example.org, (215) 350-2255