NoMatterWare Inc. Signs Letter of Intent.Business Editors NoMatterWare Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :NOMW NOMW Not on My Watch ) announces its intent to purchase Digital Video Access Ltd. (DVA DVA Department of Veterans Affairs DVA Deutsche Verlagsanstalt (German publishing company) DVA DatenVerarbeitungsAnlage DVA Defence Vetting Agency (UK) DVA Dundee Voluntary Action ). The deal, which has been ratified by NoMatterWare's Board of Directors, and agreed to in principle by DVA will see NoMatterWare acquire the assets of DVA in an all-stock transaction. DVA, which has operations in Australia, Canada, and the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , has developed a web-based surveillance platform for commercial monitoring systems, marketed under the iVU brand. In addition, DVA is a licensed seller of refurbished computer systems under the brand "As New PCs" (www.AsNewPCs.com). Hardware is provided by major computer manufacturers such as Dell, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , and Compaq. DVA is also a retailer of computer peripherals through its online portal, PC-Megastore (www.pc-megastore.com). "This is an exciting opportunity for us," says Bill Burns, 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 NoMatterWare. "Our primary clientele is small business. It makes perfect sense to offer the proprietor with not only a cost effective software solution, but also an inexpensive PC for that solution to run on - literally a business-in-a-box concept. We're also excited about the potential that the security system offers as the business grows." As part of the transaction, Nagui Bihelek, DVA's President will join the NoMatterWare team to head up technological development and customer support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . Mr. Bihelek will also ensure that DVA's 30+ sales associates are fully trained to sell and support NoMatterWare's for i-Business software suite. About NoMatterWare Inc. NoMatterWare Inc. is publicly traded on the OTCBB: NOMW, and is the developer of a fully integrated suite of web browser-based small business software tools. Trademarked as "for i-Business", the suite includes email, contact management, email marketing, website management tools, human resourcing. Not only is fully ecommerce enabled, but it is also available in both English and French. Arabic, Chinese, German, Italian, and Spanish versions are currently in development. Future releases of NoMatterWare will also included a fully functional and interoperable accounting system, as well as a fully functional and interoperable Point of Sale system. This document contains statements about anticipated future events and/or financial results that are forward looking in nature and as a result are subject to certain risks and uncertainties. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. for forward looking statements within the meaning of the Private Securities Legislation Reform Act of 1995. The SEC has neither approved nor disapproved the information contained herein. |
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