Sloud, Inc. Acquires Exclusive License and Marketing Rights
SAN DIEGO, June 26, 2012 /PRNewswire/ -- Sloud, Inc., (Pink Sheets: SLOU) announced today that the company has acquired the exclusive license and marketing rights from Blow Me Away for India, Sri Lanka, and Sierra Leone. Sloud will leverage its international contacts to introduce BMAM's technology into these untapped markets, allowing for increased market penetration and brand awareness. Blow Me Away Media is a subsidiary of Papa Bello Enterprises, Inc. For more information on BMAM, please visit www.bmam.tv.
"We are very excited to have signed this agreement with Blow Me Away Media. Their technology and products will go hand in hand with our ATM roll out plan that will directly enhance our Financial Inclusion model in any developing market," stated Tony Khodadad, President of Sloud.
Mr. Khodadad also stated, "We plan to test market our first ATM Kiosk in the Indian Market fourth quarter 2012."
About Blow Me Away Media
Blow Me Away Media Corp. is a Digital-out-of-Home Media Corporation with a dynamic place-based sales and marketing platform designed to capture potential customers' attention, increase sales for our name brand partner companies in a broad range of product categories and utilizing our proprietary CRM we will keep them coming back.
About Sloud, Inc.
Headquartered in San Diego, CA., Sloud, Inc. is an International holding company that seeks to build value through the development and support of its subsidiaries and license agreements with product and service providers that coincide with their overall business model. Currently, Sloud is focusing on holdings in the alternative energy, mining, and financial industries. We currently operate two subsidiaries, Leone Asset Management and SouthWest Bio Fuels.
About SouthWest BioFuels
The SouthWest BioFuels team is currently working on a proprietary model for the rapid delivery of the high demand of algae through higher concentrations at their own algae farms. Most importantly, SouthWest BioFuels is providing biofuel units for people who wish to operate and own their own biofuel farm so that they can provide fuel for their own vehicles or equipment at a low cost with minimal time and maintenance commitment.
Forward-Looking Statements Disclosure
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.
SOURCE Sloud, Inc.