RMS Networks Inc. and World Capital Markets Inc. Form New Financial
Services and Digital Media Company
Released
on: September 29, 2008, 9:29 am
Press
Release Author: Dawn Rahicki/RMS
Networks
Industry:
Financial
Press
Release Summary: Boston, MA and Fort Lauderdale, FL – September
29, 2008 – RMS Networks (RMS) and World Capital Markets
(WCM) today announced the formation of a new company for strategic
advertising, promotion, research and technology.
New
company’s mission is to serve the needs of private companies
that want to go public, raise capital, or present themselves more
effectively to interested parties
WCM
is now RMS Networks exclusive representative to license rVue®
-- RMS’ proprietary digital content and advertising platform
![](https://express-press-release.net/logo/rmsimage.jpg)
Press
Release Body: RMS is the leading Internet-based,
digital media and marketing agency that develops, manages and
delivers the most relevant video advertising segments to millions
of consumers daily. RMS has served the nation’s most respected
and recognizable brands, including AutoNation, Blockbuster, Subway,
Accenture and Advance Auto Parts.
WCM
is the premier resource for private companies that want to go
public, raise capital, or present themselves more effectively
to interested parties
The new company being formed by RMS and WCM
will promote effective capital raising techniques through
rich advertising, metrics, non-traditional advertising outlets
and Internet-based social networks. The name of this new entity
will be announced in the near future.
Clients of the new company will gain market visibility designed
to secure private investments or to take their company public
through an initial public offering or reverse merger by targeting
strategic audiences through addressable marketing services and
campaigns. RMS President and Founder, Jason M. Kates,
said: “The RMS platform offers an extremely powerful
tool for these companies, one that is especially timely given
the current state of the financial markets. Teaming with WCM will
bring the power of digital media and targeted social investing
to our clients, thereby enhancing the reach and impact of their
marketing and investor relations efforts.”
About
RMS Networks Inc.
RMS is the leading internet-based, digital media and marketing
agency that develops, manages and delivers the most relevant video
advertising segments to millions of consumers daily. Through rVue®,
RMS’ proprietary addressable advertising technology, high-traffic
venues and consumers can access HD video content, create playlists
and dramatically enhance the shopping experience. From its headquarters
in Fort Lauderdale, FL., RMS has served the nation’s most
respected and recognizable brands including AutoNation, Blockbuster,
Subway, Accenture and Advance Auto Parts – all with a simple
proposition: Where ROI meets awareness. That’s RMS. Learn
more at www.rmsnetworks.com.
About
World Capital Markets, Inc.
WCM is the premier resource for private companies that want to
go public, raise capital, or present themselves more effectively
to interested parties. WCM’s program combines an ever-expanding
Internet social network dedicated to investments, acquisitions,
divestitures and financings with world-class support for our clients’
capital-raising programs. WCM’s value-added services include
experienced consulting, cutting-edge media technology, expert
public relations, legal and audit resources – a comprehensive
program unique in the industry. WCM is dedicated to creating a
community of people who make key investment decisions and then
present our client companies to them in a way that is both compelling
and persuasive.
WCM’s
Chairman and CEO, Richard J. Sullivan, is an entrepreneurial
pioneer. He served as Chairman and CEO of Applied Digital Solutions,
where he executed a technology rollup involving 42 acquisitions
that succeeded in increasing the company's share price from $2.50
to a peak of $18 per share. During Sullivan's decade-long tenure
as Chairman and CEO, Applied Digital was one of the highest volume
traded stocks on NASDAQ. Sullivan also served as Chairman and
CEO of Digital Angel Corporation and led the effort to spin off
VeriChip Corporation. In 1970, he was a founding member of the
management team of Manufacturing Data Systems, Inc., which listed
at $7.50 per share and was sold to Schlumberger N.V. in 1980 at
$65 per share.
WCM’s Chairman and CEO, Richard J. Sullivan,
commented: “We’re extremely pleased to join forces
with RMS. Working together, we’ll be able to accelerate
investment and growth opportunities for a wide range of financially
solid private and public companies. Our approach builds on the
successful growth strategies we have executed in the past. RMS’
innovative digital capabilities and cutting-edge technologies
will be of enormous benefit to our clients.”
The
new company will have a strategic relationship with Accretive
Exit Capital Partners, Boston, MA, and West Palm Beach,
Fl., www.Accretiveexit.com,
a liquidity producing secondary investment firm, whose investment
strategy targets a diversified pool of late-stage growth companies
from vintage 1999-2003 buyout funds. The two companies will explore
innovative ways to expand the new company in the future.
Regarding
the licensing of rVue®, WCM
and RMS have signed a definitive agreement to
offer the platform on a worldwide, exclusive basis. rVue®
is RMS’ proprietary digital content and
advertising platform that connects advertising agencies with digital
destinations such as digital signage, mobile and web outlets.
Web
Site: http://rmsnetworks.com
Contact
Details:
Media
Contact
Matthew Cossolotto
Ovations International, Inc.
914-245-9721
matthew@ovations.com
|
RMS
Media Contact
Dawn Rahicki
RMS Networks, Inc.
954-525-6464
dawnr@rmsnetworks.com
|
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