MANASSAS, Virginia,
March 29, 2010 /PRNewswire/ -- As
8000inc expands and brings businesses with great potential into the
group, the next target was to provide a start to finish business
solution to manage all facets of the business. That target was the
Acquisition of TVGS UK Limited (http://www.timevelocitygroup.com).
TVGS is a multifaceted company that can deliver the solutions
8000inc requires for Brand8000 and the technology demand from the
group's subsidiaries. TVGS has worked alongside 8000inc since the
very beginning, heading up their brand, design and development of
8000inc's previous acquisitions. The company boasts a full
technology team which develops back end solutions for some of the
UK's blue chip companies, an advertising division, which manages
and whole host of clients advertising budgets for print and online
solutions and a design team which developed the 8000inc Brand 8000
and the AAAB clothing collection. TVGS also hosts and manages the
UK's Corporate hub website www.corporatehub.co.uk for company
formations and ancillary products tapping into the 300,000
companies which require services, such as the registration of a UK
company and formation, design packages to suit business start ups,
Marketing, PR, accountancy, Virtual office solutions, speed
business networking, banking and I.T solutions.
Thomas Kelly, CEO 8000inc, said,
"The Acquisition of the Time Velocity Group (TVGS) has been of
strategic importance, putting us ahead in the market by bringing a
full suite of corporate services to our proposition, and enabling
the group to manage its own requirements in-house. As 8000inc
continues to grow on a daily basis, TVGS has been aiding us to
manage this process and expansion. Thus we felt it was of great
importance to bring our supplier in-house. We can now react quicker
if we have a product to launch or advertising campaign which needs
to be addressed. Our overheads are reduced by having this company
as part of the group. But what excites me the most is TVGS's
product - Corporate hub and its grip on the 300,000 companies that
are formed in the UK alone every year, TVGS works with them from
the ground up developing their presence in the marketplace, and
becoming their partner as their company grows offering them a full
range of company products. This creates its own market and will
identify future acquisition targets for the Group. Not only have we
just cut our overheads and now have a large constant revenue stream
coming into the group, but we also have the process that now
identifies the future subsidiaries. Simply, TVGS will feed the
8000inc machine 24/7."
This news release contains forward-looking statements that are
subject to certain risks and uncertainties that may cause actual
results to differ materially from those projected on the basis of
such forward-looking statements. The words "estimate," "project,"
"intends," "expects," "believes," and similar expressions are
intended to identify forward-looking statements. Such
forward-looking statements are made based on management's beliefs,
as well as assumptions made by, and information currently available
to, management pursuant to the "safe-harbour" provisions of the
Private Securities Litigation Reform Act of 1995. For a more
complete description of these and other risk factors that may
affect the future performance of 8000 Inc. see "Risk Factors" in
the Company's Annual Report on Form 10-KSB and its other filings
with the Securities and Exchange Commission. Readers are cautioned
not to place undue reliance on these forward-looking statements,
which speak only as of the date made and the Company undertakes no
obligation to disclose any revision to these forward-looking
statements to reflect events or circumstances after the date made
or to reflect the occurrence of unanticipated events.
For further information: http://www.8000inc.net,
http://www.Brand8000.com, enquiries@8000inc.net
Contact: 8000inc, 10432 Balls Ford Road, Suite 300, Manassas, Virginia, 20109, USA, t: +1-703-881-7834, f: +1-703-881-7601,
e.enquiries@8000inc.net
