ORO VALLEY, Ariz., March 21, 2016 /PRNewswire/ -- Tautachrome, Inc. (OTC-PINK: TTCM) today acknowledged the advancement of the nearly created division, Appquisitions™.
Tautachrome acquired PhotoSweep (an app platform that offers physical print photos taken from mobile devices to be printed and mailed direct to family and friends) on January 16, 2016, which prompted executives to move to establish Appquisitions™ as a division to specifically identify developed and operating APPs for possible merger or acquisition.
At present Tautachrome's SafeDate app, which was developed in-house, is in beta testing in both iOS and Android, and Tautachrome's "ConfiaCita" app, a Hispanic version of SafeDate, is under development. Tautachrome intends operating PhotoSweep, SafeDate and ConfiaCita each under its own banner.
Through the Appquisitions™ division, Tautachrome executives have identified a suite of 10 currently operating APPs that meet synergistic criteria laid out by the Appquisitions™ team. Arrangements are now being made to have executives in the team begin due diligence activities including meeting with the target acquisition owners in San Francisco, early next week.
"We are excited about the creation of the Appquisitions™ division as we continue to build Tautachrome", said Dr Jon N Leonard the Company's CEO. "Last year we built Polybia Studios from scratch with some very talented graduating students from Bond University in Australia, and now it is something we are very proud of. Increasing our base of APPs by Appquisition is going to add capabilities to Polybia Studios and our other divisions".
About Tautachrome, Inc.
Tautachrome, Inc. (OTC-PINK: TTCM) is an emerging growth company in the developing digital imagery technology sector. Tautachrome is an Internet technology development company with operations in America and Australia. Tautachrome has revolutionary patents pending, including Talk-to-the-Picture social networking and trustable imagery-based interaction.
Safe Harbor Statement Statements made in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Risk factors that could cause actual results to differ materially from those projected in forward-looking statements include, but are not limited to, general business conditions, managing growth, and political and other business risks. All forward-looking statements are expressly qualified in their entirety by this paragraph and the risks and other factors detailed in Tautachrome's reports filed with the Securities and Exchange Commission. Tautachrome undertakes no duty to update these forward-looking statements.
Contact: Tautachrome, Inc.
Tel: +1 520 318 5578
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SOURCE Tautachrome, Inc.