| WorldTeq
Group International Seeks Acquisitions [10th
October 2003]
ROCKVILLE, Md., Oct 10, 2003 (BUSINESS
WIRE) -- WorldTeq Group International, Inc. (WTEQ) ,
a full-service provider of affinity telecommunication
and financial services, hires Aero Financial, Inc. to
seek out acquisition candidates.
"For the past several months we
have been aggressively restructuring our business model,
cutting overhead and expanding product offerings. We
feel that we are now ready for a proactive approach
to expand our business. We are targeting several areas
within the telecommunication sector for acquisitions
including: VOIP, Long Distance, Internet Service Providers,
and Web Hosting firms just to name a few," stated
Jeff Lieberman, President of WorldTeq. "We have
hired Aero Financial, Inc. for their extensive experience
in identifying joint ventures, alliances and acquisition
candidates to help accelerate our growth plan. WorldTeq
continues to explore methods for increasing profit margins
and feels that the new product mix, especially the financial
services products, will enhance this tremendously. New
product introduction, international expansion, and the
reduction of expenses should allow the company to reach
our goal of enhancing shareholder value."
About Aero Financial, Inc.
Founded in 1992, Aero Financial, Inc.
specializes in investment banking and securities advisory
services for emerging companies. Aero Financial, Inc.
has guided many companies through the growth process
by identifying and integrating additional revenue streams
for client companies.
For more information visit the company's
web site at http://www.aero-financial.com
About WorldTeq Group International
WorldTeq Group International offers
a wide range of telecommunications, merchandising and
financial services with related products via independent
agents, associations, sales organizations, and affiliate
marketing.
For more information visit the company's
web site at http://www.worldteqgroup.com
The private Securities Litigation Reform
Act of 1995 provides a "safe harbor" for forward-looking
statements.
Certain information included in this
press release (as well as information included in oral
statements or other written statements made or to be
made by WorldTeq): contains statements that are forward-looking,
such as statements relating to consummation of the transaction,
anticipated future revenues of the companies and success
of current product offerings.
Such forward-looking information involves
important risks and uncertainties that could significantly
affect anticipated results in the future and, accordingly,
such results may differ materially from those expressed
in any forward-looking statements made by or on behalf
of WorldTeq Group International.
SOURCE: WorldTeq Group International,
Inc.
WorldTeq Group International, Inc.,
Rockville
Jeff Lieberman, 888-263-7776
fax, 413-513-1260
jlieberman@worldteq.com |
