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Unilava Signs Letter of Intent to Acquire HEXA-2
May 12, 2011 |
SAN FRANCISCO, CA--(Marketwire - May 10, 2011) - Unilava Corporation (Unilava) (OTCBB: UNLA) announced today that the company has signed a letter of intent to acquire HEXA-2 Corporation (HEXA-2).
HEXA-2 is a Live Interactive Social Media integrated with telepresence platform providing
many-to-many video conferencing, VoIP, Instant Text, Twitter, Facebook, Content Manager, Conversion Server and more. HEXA-2 offers Virtual Board Rooms (http://vbr.hexa2.com) and Virtual Town Halls (http://www.hexa2.com) to its clients. The company has built an all-in-one interactive digital media platform for its global clients. In strategic partnership with NetStairs, from its inception, NetStairs has combined science, art and technology into its platforms founded on intelligent media delivery algorithms with a focus on interactive, live, on demand, and streaming protocols. In March 2005, HEXA-2 started their vision. In 2008, they started their telepresence vision. In 2011, NetStairs made their vision a reality. Today, the company offers a wide array of Telepresence Workflow Solutions. HEXA-2's platform also connects to 43,000 servers in 70 countries. For more detail, visit http://hexa2.com.
Baldwin Yung, Chief Executive Officer and President of Unilava Corporation, comments, "Over the past 8 years, we have built a strong customer base delivering communication and marketing tools to businesses. We are committed to enhance our business customer user-experience through new and innovative technologies. After reviewing HEXA-2's platform, we have identified that there is a synergy between the companies. Through this potential acquisition, we will gain greater momentum in expanding our product portfolio to deliver cutting-edge business services to existing and new customers. This will also accelerate the delivery of our strategic vision to build enterprise value through implementing more advanced technologies to grow our revenue in an attempt to create significant top line revenue and positive EBITDA."
"HEXA-2 will bring to Unilava new pillars of tele-presence with unified communications, hence assisting the company's business, and its strategic monetization, supporting its growth. Unilava plans to promote and distribute virtual board rooms and virtual meeting halls (http://www.HEXA2.com) with enhanced features beyond Skype, GoToMeeting, and WebEx. Founded on NetStairs Social Networking Live (SNL) intelligent algorithm, the platform provides ideal settings for those who wish to retain privacy, security and scalability without downloads and plug-ins through their own telepresence service, empowering users with interactive, many-to-many, superb video, VoIP, Instant Text, video, live streaming, and more. MEET ME @ HEXA-2 will become the new mantra serving the globe," said Steve Remondini, President of HEXA-2 Corporation, "HEXA-2 is a result of vision and years of development, thus delivering an unparalleled unified telepresence services," he continued.
About Unilava Corporation
Unilava Corporation and its subsidiary brands provide a variety of communications services, products, and equipment that address the needs of small to enterprise businesses and consumers. The company is licensed to provide long distance services in 41 States and local phone services in 11 States. Through its carrier-grade microwave wireless broadband infrastructure and broadband Internet access partners, the company offers mobile and high-definition IP-hosted voice services to residential, small and medium enterprises. The company delivers small business a comprehensive and integrated suite of fee-based online and mobile advertising and web services. Headquartered in San Francisco, the company has regional offices in Chicago, Seoul, Hong Kong, and Beijing. For more information, please visit www.unilava.com.
About Hexa-2 Corporation
HEXA-2 is a Live Interactive Social Media integrated with telepresence platform providing many-to-many video conferencing, VoIP, Instant Text, Twitter, Facebook, Content Manager, Conversion Server and more offering Virtual Board Rooms (http://vbr.hexa2.com) and Virtual Town Halls to its clients. The company has built an all-in-one interactive digital media platforms for its global clients. In strategic partnership with NetStairs, from our inception, they combined science, art and technology into a platform founded on intelligent media delivery algorithms with a focus on interactive, live, on demand, and streaming, protocols. In March 2005, we started with our vision. In 2008, we started our telepresence vision. In 2011, we made our vision a reality. Today, the company offers a wide array of Telepresence Workflow Solutions. HEXA2 platform is also connects to 43,000 servers in 70 countries. For more detail, visit http://hexa2.com
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