Savtira Corporation Retains Accounting Firm Pender Newkirk & Company

TAMPA Fla., April 27, 2011 /PRNewswire/ -- Savtira Corporation, a new provider of B2B Cloud Commerce solutions, today announced it has retained the services of Florida-based Pender Newkirk & Company as its auditors.

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Pender Newkirk & Company (PNC), one of Tampa Bay's largest locally owned accounting firms, has been retained by Savtira Corporation (Savtira) for auditing as well as financial advisory services.  PNC's Distribution and Technology divisions handle the many and complicated tax and accounting issues which e-commerce companies encounter daily.

"PNC has expertise in our space.  They understand the fiscal complexities facing retailers and e-tailers.  We are pleased to work with them and look forward to implementing financial procedures which will enhance our competitiveness in the market," said Timothy Roberts, CEO of Savtira.

"Savtira has developed a sound plan to create an innovative cloud streaming platform for e-commerce businesses.  We are eager to bring our accounting skills to their project, which we anticipate will evolve the e-commerce and digital download markets," said Ralph Garcia, Managing Partner of Pender Newkirk & Company.

About Pender Newkirk & Company

Founded in 1976, Pender Newkirk & Company is a full service accounting and business consulting firm based in Tampa, Florida. With eleven partners and more than 60 employees, the firm provides an array of services including audit and assurance, tax planning and preparation, estate & trust, valuation, small business advisory and other consulting services to clients across a broad range of industries. For additional information about the firm and the services offered, please visit: www.pnccpa.com.

About Savtira Corporation

Based in Tampa, Florida, Savtira is in the business of Digital Distribution with a Software-As-A-Service (SaaS) e-commerce platform that is a turnkey system for the distribution, marketing, merchandising, and selling of both digital media and physical goods in a single store and a single, unified shopping cart.  Savtira's solutions make it possible for businesses to distribute digital goods directly from a custom-tailored eStore, as well as the option to include physical goods.  Savtira is also building the next Carrier-Class "Entertainment Distribution Network" (EDN) to stream all digital media from the cloud with a feature set that eclipses anything on the market.  For more information on Savtira, visit: www.savtira.com.  Follow us on Twitter at: http://twitter.com/savtira.

This press release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this news release.

SOURCE Savtira Corporation