ADDISON, Texas, August 22, 2017 /PRNewswire/ --
Grupo Resilient International, Inc. (OTC Pink: GRUI) today announced its technology subsidiary, Resilient Technologies, Inc., has acquired the controlling interest in Addison, Texas based Metroplex Networks, LLC. Utilizing the latest IP video production technology, Metroplex Networks provides restaurants, retail stores, bars, clubs, malls, sporting venues, classrooms, and corporate offices the ability to create and stream live and recorded events, giving its customers the power to grow their audiences, brands and businesses faster than ever before. In addition, Metroplex Networks owns a minority stake in Metroplex Communications, Inc. ( http://www.metroplex.io) which operates a unique hybrid backbone using both microwave and fiber-optics, providing this telecommunication backbone to the Irving Music Factory, including Live Nation ( http://www.livenation.com/venues/33213/the-pavilion-at-irving-music-factory). Metroplex Networks has commenced negotiations to provide its services to the tenants of the Irving Music Factory ( http://www.musicfactory.com/#Video). Located adjacent to the Irving Convention Center in Las Colinas, the Irving Music Factory is a $175 million, 410,000 square feet, 16.7-acre entertainment complex anchored by a Live Nation music venue that will hold up to 8,000 spectators. The venue, called The Pavilion At Irving Music Factory, will open with Dave Chappelle on August 31, at 8:00 P.M. followed by Brad Paisley on September 2.
CEO Gordon Johnson stated, "This acquisition enables us to leverage existing networks, relationships, and technology to create and deliver video content for our current and future customers."
About Grupo Resilient International, Inc.:
Grupo Resilient International, Inc. is a diversified international holding company headquartered in Addison, Texas, with subsidiaries focusing on Infrastructure Technologies, Real Estate, Energy, Health and Wellness.
Forward Looking Statements:
This press release contains forward-looking statements that involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in the Company's filings with the Securities and Exchange Commission.
For more information:
CEO - Grupo Resilient International, Inc.
SOURCE Grupo Resilient International, Inc. fka Paradise Ridge Hydrocarbons, Inc.