MURRIETA, Calif., Aug. 11 /PRNewswire-FirstCall/ -- ActionView International, Inc. (Pink Sheets: AVEW) today announced a Definitive Agreement for a merger with MatchFights, LLC, which is launching live, pay-per-view entertainment events, delivered in high definition over the Internet. Once the merger transaction has been closed, MatchFights, LLC will become the focus of the company's operations.

The Definitive Agreement includes performance based terms that provide MatchFights, LLC with additional shares of stock representing additional ownership of the company if defined revenue targets outlined in the agreement are met.

MatchFights, LLC and its Bare Knuckle Brawlers brand feature live, high definition, pay-per-view events, including no-holds-barred bare knuckle fights in an interactive venue where viewers will not only determine the matches that are presented but will also decide who ultimately wins each contest. In addition, viewers can chat with other viewers live during the broadcast, making the experience truly interactive.

MatchFights recently announced a September 25, 2009 date for the premier of its Bare Knuckle Brawlers fight club event. For a limited time, fight fans can subscribe to see the live premier broadcast on the Bare Knuckle Brawlers website, www.bkbfightclub.com, at a special introductory price of $9.99.

"While the type of entertainment delivered by MatchFights, LLC will clearly not be for everyone, we believe that its business model makes it an ideal merger candidate for ActionView International," commented Chairman Gary Nerison. "The focus for public companies, both now and in the future, should be on generating revenue, and MatchFights, LLC presents the type of revenue focus that we believe will contribute to increased shareholder value. We are pleased to have a Definitive Agreement in place and intend to have the transaction closed very shortly."

With its agreement with MatchFights, LLC in place, ActionView International will not move forward with the proposed merger agreement with M3X Media.

About ActionView International, Inc.

ActionView International's operating subsidiary custom-designs, develops, and manufactures vividly illuminated motion billboards. ActionView places its signs into high traffic locations and markets advertising space on the signs. ActionView shares advertising revenue generated from the billboards with advertising agencies, the local business partner and the location owner. The benefit to advertisers is exposure in high traffic locations at reasonable costs due to the scrolling feature and multiple advertisers. For additional information about ActionView, please visit the company's website at www.actionviewinternational.com.

Forward-Looking Statements

This release contains 'forward-looking statements' within the meaning of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be 'forward-looking statements.' Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated.

    Contact:
    Gemini Financial Communications, Inc.
    Investor Relations
    951-677-8073
    abeyer@geminicommunications.us

SOURCE ActionView International, Inc.

Back to top

RELATED LINKS
http://www.actionviewinternational.com