DataLogic International Announces Alliance for Accelerating Growth
March 02 2004 - 5:30AM
PR Newswire (US)
DataLogic International Announces Alliance for Accelerating Growth
Signs Business Advisory and Consulting Agreement to Assist in M
& A IRVINE, Calif., March 2 /PRNewswire-FirstCall/ -- DataLogic
International, Inc. (OTC Bulletin Board: DLGI; Berlin Stock
Exchange: 779612), announced today that it has signed a business
advisory and consulting services agreement with New York-based
Stanton Walker & Company. Stanton Walker will assist in the
evaluation of certain strategic business decisions facing the
Company. DataLogic is in discussion stages with several companies
regarding licensing arrangements, joint ventures or possible
mergers. Stanton Walker's work will include due diligence,
structuring transaction terms and providing consulting services
throughout the process. Stanton Walker will also seek potential
acquisition candidate companies that fit DataLogic's business
objectives. Derek Nguyen, Chief Executive Officer, stated, "We look
forward to evaluating opportunities that could enhance our
company's revenue and profits and provide additional capital to
execute the Company's growth plans. These goals will require the
assistance of specialized experts. We feel Stanton Walker can do
this expeditiously." Nguyen continued, "We believe there are many
other companies similar to DataLogic that might have products or
services that would benefit from becoming a part of a publicly
traded entity. For DataLogic and its shareholders, acquisitions
represent a powerful growth strategy." About Stanton Walker &
Company Stanton Walker & Company provides a full range of
strategic operational, marketing, financial advisory and M & A
services to public companies. While they provide assistance in a
wide array of industries, Stanton Walker is especially interested
in working with companies where their products and/or services
appear to offer the company's stakeholders an opportunity for a
significant return. About DataLogic International Inc. DataLogic
International, Inc. is a technology and professional service
company dedicated to providing a wide range of Information
Technology and Communications related products and services. For
more information about DataLogic, go to http://www.dlgi.com/ or
contact Investor Relations at or (888) 530-8228. This release
contains forward-looking statements within the meaning of Section
27a of the Securities Act of 1933, as amended and section 21e of
the Securities and Exchange Act of 1934, as amended. Those
statements include the intent, belief or current expectations of
the company and its management team. Prospective investors are
cautioned that any such forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties, and that actual results may differ materially from
those projected in the forward-looking statements as a result of
various factors. Accomplishing the strategy described herein is
significantly dependent upon numerous factors, many are not in
management's control. Some of these factors include the ability of
the company to raise sufficient capital, attract qualified
management, attract new customers and effectively compete against
similar companies. DATASOURCE: DataLogic International, Inc.
CONTACT: DataLogic International, Inc., Investor Relations,
+1-888-530-8228, Web site: http://www.dlgi.com/
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