Innuity Signs Services Agreement with Amerivon.Premier Retailing Firm to Help Expand Innuity's Presence in Mass Market Retail Distribution REDMOND Redmond, city (1990 pop. 35,800), King co., W Wash., a suburb of Seattle, on Lake Sammamish; inc. 1912. Its economy centers around computer software (Microsoft Corp. , Wash. -- Innuity, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: INNU Innu also called Montagnais and Naskapi North American Indian peoples living in Quebec and Labrador, Canada. The southern group has been referred to as the Montagnais and the northern group as the Naskapi. They speak almost identical Algonquian dialects. ), a Software as a Service (SaaS) company that designs, acquires and integrates affordable solutions for small business, today announced that the company has signed a services agreement with Amerivon, a leading mass market retail distribution firm. With an established track record of getting products with high volume potential, into wholesale clubs, "big box" business retailers and other traditional retailers, Amerivon helps build long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. retail relationships between representative companies and retailers. As a result of this new agreement with Innuity, Amerivon will have the opportunity to expand its mass market distribution offerings with Innuity's SaaS offerings. This agreement also gives Innuity, currently selling its SaaS offerings via private label under the Sam's Club Sam's Club is a membership-only warehouse club owned and operated by Wal-Mart Stores, Inc. History The first Sam's Club opened in April 1983 in Midwest City, Oklahoma in the United States.[1] Sam's Club is named after Sam Walton. brand since 2004, a strong platform by which to broaden its mass market distribution strategy. Innuity plans to sell its SaaS offerings either under the Innuity brand, the retail partner's brand or via a combined Innuity-retailer brand. Innuity and Amerivon have already begun discussions with representative retailers for targeted product distribution anticipated by early 2008. "This Amerivon retail agreement to further penetrate the mass retail market with our small business information solutions puts Innuity on an accelerated customer acquisition path," said John Wall, Innuity chairman 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. . "We are extremely pleased to have partnered with such a respected leader in the mass market distribution community and are looking forward to establishing long-term relationships with a wide variety of mass market retailers." About Innuity Headquartered in Redmond, WA, Innuity is a Software as a Service (SaaS) company that designs, acquires and integrates applications to deliver solutions for small business. Innuity's Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the technology is based on an affordable, on-demand On-Demand refers to a service or feature which addresses the user's need for instant gratification and immediacy of use. In most cases the value proposition for an on-demand service is wrapped up in the fact that the user or consumer of the service avoids a significant up-front model that allows small businesses to simply interact with customers, business partners and vendors and efficiently manage their businesses. Innuity delivers its on-demand applications through its Internet technology platform, Innuity Velocity[TM]. The Velocity technology platform enables use-based pricing, provides the opportunity to choose applications individually or as an integrated suite and requires minimum start-up Start-up The earliest stage of a new business venture. costs and maintenance. For more information on Innuity and LeadConnect, go to www.innuity.com and leadconnect.innuity.com. About Amerivon Amerivon helps companies accelerate growth opportunities in mass market retail channels by providing retail distribution, consulting in growth planning and management and capital. Amerivon's unique approach helps companies effectively plan, prepare, and execute mass market retail channel strategies, while providing the capital necessary to achieve enduring success. Amerivon's portfolio includes emerging growth companies just entering mass market retail distribution, established companies seeking national retail expansion, capital and rapid growth planning and market leaders seeking introductions to key retailers. For more information on Amerivon, visit www.amerivon.com. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. This press release contains forward-looking statements and information (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), about our financial results and estimates, business prospects, new products, and products under development, all of which involve substantial risk and uncertainties. For example, our business depends in part on the market's adoption of our new product offerings, and our ability to increase our selection of value-added Internet technology applications and solutions, through either internal development or agreements with third parties. Our business will be harmed if our new product offerings are slow to be adopted, or if we are unable to develop or offer additional Internet technology applications and solutions in a timely and cost-effective cost-effective, n the minimal expenditure of dollars, time, and other elements necessary to achieve the health care result deemed necessary and appropriate. manner. To expand our Internet technology solutions offerings, we may need to license or acquire other technologies or businesses. We may find that it is difficult to identify or conclude such acquisitions on favorable fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. terms, or to integrate future technology or business acquisitions, which could limit our growth, disrupt our business and adversely affect our operating results. Other factors include, but are not limited to, risks and uncertainties associated with our financial condition, our ability to sell our products and services, our ability to compete with competitors, and those included in our annual report on Form 10-KSB, as well as other documents we periodically file with the Securities and Exchange Commission. |
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