AIMS Completes Financing Agreement, Acquires Two Marketing Communication Firms.FAIRFAX, Va. -- AIMS Worldwide, Inc. (OTC BB: AMWW), a vertically integrated marketing communications consultancy providing organizations with focused marketing solutions, announced today that it has completed its equity financing agreement with Liberty Growth Fund LP and acquired Target America and IKON Public Affairs. Liberty Growth Fund LP has entered into an investment agreement with AIMS to provide the Company an $8 million equity finance package and warrants totaling more than $15 million. The initial $3.5 million of the equity finance package from Liberty was used by the Company to acquire Target America, a robust digital marketing firm in Fairfax, VA, and IKON Public Affairs, a prestigious, boutique public affairs and political campaign management consulting firm in Washington, DC. "We are excited about having Liberty as an investment partner and bringing the resources and expertise of Target America and IKON Public Affairs into the AIMS family," said Gerald Garcia Jr., President and CEO of AIMS Worldwide, Inc. "Acquiring these like-minded businesses simultaneously is a major step in bringing together our strategic vision of offering clients an exciting solution - one that improves the aim, reduces the cost of reach, and focuses on a One-2-One(TM) relationship with the ideal customer." The second phase of the $8 million equity finance package from Liberty is for $4.5 million. AIMS is required by its agreement with Liberty to provide a high EBITDA acquisition target in 120 days to trigger the second phase of the financing. One of the conditions of Liberty's investment into AIMS is that Philip A. Seifert, Chairman of the Liberty Companies and General Partner of the Liberty Growth Fund LP, will join the AIMS Board of Directors. "Both companies - Target America and IKON - bring unique leadership capabilities in their respective fields and when integrated and assimilated into our Company should allow AIMS to truly revolutionize how client companies reach their target audiences," Garcia said. "In particular, Target America has technical expertise in a fast emerging space of One-2-One search, while IKON has a strong track record of marketing campaign management consulting. Our goal is to leverage this knowledge and expertise across all industries and demographics as we continue to look for additional opportunities to build our marketing platform." * Target America (www.tgtam.com) provides database and digital marketing consultation services. The firm was founded in 1995 to meet the rapidly changing needs of fundraising professionals. Target America maintains a completely online prospect screening and search service that now has expanded into a full range of commercial applications for financial services, real estate, luxury goods, services and retail, which helps its clients identify ideal prospects. * IKON (www.ikoninc.net) specializes in advocacy and campaign management. Organizations ranging from small non-profit institutions to foreign governments to major political issues, candidates and referenda have prospered from IKON's advocacy execution. The firm maintains offices in Washington, DC; Denver, CO; Pittsburgh, PA and New York City, NY. "The acquisition of these two fast-growing marketing communication companies should have an immediate favorable impact on AIMS revenues, operating income, cross-client development and accelerated scalability," Garcia noted. "Target America and IKON Public Affairs further serve to anchor mission-critical competencies as we continue our strategic corporate development to acquire other firms across the marketing and media sciences." About AIMS AIMS Worldwide is a vertically integrated marketing communications consultancy providing organizations with focused marketing solutions at the lowest possible cost. AIMS increases the accuracy of the strategic direction of client marketing programs, improves results and reduces costs by refocusing "mass marketing" to a more strategic "One-2-One" relationship with the ideal customer. To further differentiate from the rest of the market, AIMS places intense focus on the Return on Marketing Investment, or ROMI(SM). The Company's goal is to provide clients with a measurable return by first conducting an analysis of the client's existing marketing strategy in order to deliver an increased return on its investment. AIMS is accelerating its growth by targeting and acquiring a group of media and marketing communication services companies. For more information, please contact Gerald Garcia Jr. at 703-621-3875, ext. 2256, email: ggarcia@aimsworldwide.com or visit www.aimsworldwide.com About Liberty Growth Fund LP Liberty Growth Fund LP is a New York-based private equity fund that specializes in investing in private and public companies in the small-cap and middle market sectors. Liberty seeks to make investments in companies with strong underlying value and growth prospects. The Fund's flexible investment mandate is driven by the individual opportunity, rather than being bound by any particular industry orientation, investment stage or deal structure. Safe Harbor Statement All statements other than statements of historical fact included in this document are forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and other similar expressions as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. These statements are not a guarantee of future performance. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors discussed under the caption "Risk Factors" in our Annual Report on Form 10-KSB for the year ended December 31, 2004 as filed with the Securities and Exchange Commission. Such statements reflect the current views of the Company's management with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to the operations, results of operations, growth strategy and liquidity of the Company. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by this paragraph. The Company has no intention, and disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future results or otherwise. Further information may be obtained at the Company's Internet site: http://www.aimsworldwide. |
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