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GuestTek International, Inc. Completes Acquisition of Enable Software, Ltd.
UK Software Firm Offers International Gateway For the Company
LONDON, Nov. 16 /PRNewswire-FirstCall/ -- GuestMetrics, Inc. (Pink Sheets: GESM) is pleased to announce that its public holding company, GuestTek International has completed the acquisition of Enable Software Ltd., an email management solutions company in exchange for $1Million, to be paid in the form of one million preferred shares of the Company, valued at $1.00 per share. The acquisition provides GuestTek International immediate global exposure for its subsidiaries Enable Software and GuestMetrics. The Company plans to begin marketing its GuestSnapshot and BarMetrics software solutions internationally, while establishing a sales channel here in the United States for Enable Software's Email Management Suite.
Enable Software's mission is to enable client companies to achieve incremental revenue from their user base by deploying email security solutions in a low cap-ex business model. Enable works exclusively with IT Service Providers to furnish them with the very latest in email management solutions for the modern market place. Covering everything from Archiving, Anti-Spam, Disaster Recovery and Business Continuity, the Enable's Framework is modular and can be custom designed to the client's specific requirements.
"We are extremely pleased about the immediate possibilities this acquisition presents, the relationships gained, which will enable us to increase our sales and marketing efforts through both the Enable and GuestMetrics' networks," stated David Lovatt, President and CEO of GuestTek International, Inc.
About Enable Software, Ltd.:
EnableTS works exclusively with IT Service Providers to furnish them with the very latest in email management solutions for the modern market place. Covering everything from Archiving, Anti-Spam, Disaster Recovery and Business Continuity, the EnableTS Framework Platform is modular and can be custom designed to the client's specific requirements.
For more information about Enable Software Ltd., visit: www.enablets.net
About GuestMetrics:
GuestMetrics is the leading provider of Customer Insight Solutions for the hospitality industry and its suppliers/distributors. The GuestMetrics software is fully integrated with the leading point-of-sale (POS) systems and allows hospitality providers at every level of the market to improve business operations.
For the first time in the marketplace, GuestMetrics, through its data mining process, provides beverage alcohol and food suppliers with actionable insight into consumer behavior at the guest check-level. From world-class beverage alcohol suppliers to fine dining establishments and regional/national restaurant chains, clients depend on GuestMetrics tools to build stronger brands and drive revenue growth.
For more information, please visit www.guestmetrics.com.
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.
SOURCE GuestMetrics, Inc.
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