SAN DIEGO, April 30, 2013 /PRNewswire/ -- VOIS, INC. (OTCQB- VOIS) announces that it has acquired 100% of the assets of Mind Technologies, Inc. (MTEK) for the purpose of securing ownership of all of MTEK's BCI/ thought-controlled technology, and has assumed all of its liabilities.
In exchange for the sale of its assets, the Company will issue to MTEK 30,000,000 shares of its restricted common stock. The number of shares issuable to MTEK is based on a valuation of MTEK's assets performed by an independent accounting firm to determine the fair market value of the assets purchased. A definitive purchase agreement has been executed by both Companies.
As a result of the MTEK acquisition, VOIS now owns three completed thought-controlled software applications that are available on the market. VOIS also has completed a functioning prototype of a micro EEG headset, developed for the mobile market. The Company is in the process of securing adequate funding to complete the design and operating software system for the patent pending device.
Safe Harbor Statement
This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as the Company or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. The forward-looking statements included in this release are made only as of the date of this release, and the Company undertakes no obligation to update the forward-looking statements to reflect subsequent events or circumstances.
SOURCE VOIS, INC.