WHITE PLAINS, N.Y.,
May 6, 2015 /PRNewswire/
-- Pervasip Corp. (USOTC: PVSP) ("Pervasip" or the "Company")
provided an update on its ongoing acquisition efforts.
Paul Riss, the Company's chief
executive officer, said that "We continue to evaluate opportunities
for value creation by integrating innovative new technologies with
existing bricks and mortar infrastructure in emerging agricultural
markets. We are in discussions to acquire proprietary technology
rights and revenue producing assets, and we are preparing the
definitive agreements to close on one of our targeted transactions.
We plan to have an additional update next week."
About Pervasip Corp.
Pervasip develops and delivers cloud-based technologies to emerging
markets. The Company's Canalytix subsidiary is a provider of
advanced analytics through an integrated cloud-based platform that
allows users to monitor and control greenhouse facilities through
the cloud, including real-time data on energy usage, HVAC systems,
lighting and costs.
Forward Looking Statements
The information contained
herein includes forward-looking statements. These statements
relate to future events or to our future financial performance, and
involve known and unknown risks, uncertainties and other factors
that may cause our actual results, levels of activity, performance,
or achievements to be materially different from any future results,
levels of activity, performance or achievements expressed or
implied by these forward-looking statements. You should not
place undue reliance on forward-looking statements since they
involve known and unknown risks, uncertainties and other factors
which are, in some cases, beyond our control and which could, and
likely will, materially affect actual results, levels of activity,
performance or achievements. Any forward-looking statement
reflects our current views with respect to future events and is
subject to these and other risks, uncertainties and assumptions
relating to our operations, results of operations, growth strategy
and liquidity. We assume no obligation to publicly update or
revise these forward-looking statements for any reason, or to
update the reasons actual results could differ materially from
those anticipated in these forward-looking statements, even if new
information becomes available in the future.
Additional Information
Pervasip Corp.
Paul H. Riss, CEO
phriss@pervasip.com
914-750-9339
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SOURCE Pervasip Corp.