AIMS Worldwide Acquires Prime Time Cable, Inc.FAIRFAX, Va. -- AIMS Worldwide, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:AMWW), a vertically integrated marketing services, communications and media property company, announced today that it completed its acquisition of Prime Time Cable, Inc. Prime Time is a pioneer in private cable systems and currently serves more than 3,000 households and resort rooms in premier master planned communities and major resorts in greater Orlando Greater Orlando, alternatively known as the Orlando Area or Metro Orlando, is third most populated metropolitan region in the state of Florida, and the 27th-largest metro area in the United States. , Florida. AIMS (Accurate Integrated Marketing Solutions) expects to expand subscriber services immediately to offer broadband including high speed Internet access, VOIP (Voice Over IP) A digital telephone service that uses the public Internet as well as private backbones instead of the traditional telephone network. Many companies, including Vonage, 8x8 and AT&T (CallVantage), typically offer calling within the country for a telephone, HDTV (High Definition TV) A set of digital television (DTV) standards that offer the highest resolution and sharpest picture. Although some HDTV sets are available in standard (rather square) screen sizes, the overwhelming majority of sets are wide screen, which eliminates services, in-home appliance and utility and security management services. The company also expects to design, build and manage new cable and broadband systems for a wide range of private customers. "Prime Time Cable is a respected private cable operator and information technology provider," said Gerald Garcia 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. of AIMS Worldwide, Inc. "We look forward to integrating Prime Time's established one-to-one customer relationships into our business and further enhancing the suite of broadband services to be offered to subscribers," Garcia noted. "This transaction is central to one of our primary goals -- to develop unique 'narrowcast' distribution channels that allow our clients flexibility and efficient targeting of their marketing messages to permission-based consumers." Veteran broadcast executive Chris Petersen has been named president and CEO of AIMS Broadband, Inc., a wholly-owned subsidiary of AIMS Worldwide, Inc. Prime Time Cable founder William Strickler will continue to serve the company in the role of general manager for systems and new technology. AIMS Worldwide is an emerging leader in designing, developing and managing One-2-One(SM) 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 acquired 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 in 2004 and signed letters of intent to acquire Target America, Inc. and Harrell Woodcock woodcock: see snipe. woodcock Any of five species (family Scolopacidae) of plump, sharp-billed migratory birds of damp, dense woodlands in North America, Europe, and Asia. Linkletter. 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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