AIMS Worldwide, Inc. Acquires ATB Media; Company Expands Into Media Distribution Services Market.Business Editors FAIRFAX, Va.--(BUSINESS WIRE)--Sept. 25, 2003 AIMS Worldwide, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AMWW), a vertically integrated marketing services, communications, and media property company, announced today it has acquired all of the outstanding stock of ATB ATB Antibiotic ATB All The Best ATB Ability to Benefit ATB André Tanneberger (musician) ATB Across the Board ATB Active Time Battle (roleplaying game) ATB All Terrain Bike ATB Alberta Treasury Branches Media, Inc. in a tax-free exchange tax-free exchange An exchange of assets between taxpayers in which any gain or loss is not recognized in the period during which the exchange takes place. Rather, taxpayers are required to adjust the basis of assets exchanged. of stock. ATB Media is now a wholly-owned subsidiary of AIMS Worldwide. "AIMS is pleased to complete this transaction, our first in the broadcast industry," says Gerald Garcia Gerald Garcia (born 1949 in Hong Kong) is a classical guitarist and composer. After studying chemistry at Oxford University, he became a professional musician, making his debut at the Wigmore Hall in London. Jr., president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "The ATB Media acquisition is key to fulfilling AIMS media strategies." AIMS Worldwide is a publicly-held company and an emerging leader in designing, developing and managing one-to-one marketing solutions at the lowest possible cost to large and mid-sized businesses. AIMS is accelerating its growth by targeting and acquiring a group of media and marketing communications companies. The company recently completed a technology license agreement with Advocast, Inc. of Washington, DC and entered into an agreement to acquire a majority of Prime Time Cable, Inc.'s cable television and broadband service business in the Central Florida. Forward-Looking Statements This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. All statements in this release, other than statements of historical facts, that address future activities, performance, events or developments are forward-looking statements. Although AIMS Worldwide, Inc. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. |
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