WorldSource Inc. Signs Investment Banking With KMA Capital Partners Inc.
November 29 2006 - 10:42AM
PR Newswire (US)
PALM DESERT, Calif., Nov. 29 /PRNewswire-FirstCall/ -- WorldSource,
Inc. (Pink Sheets: WDSC) today announced that it has signed an
Investment Banking Agreement with KMA Capital Partners, Inc. (Pink
Sheets: KMCP). The primary aspects of the Agreement include KMA
Capital creating an end-to-end capital formation strategy utilizing
its Capital Protection Program, and KMA Capital developing an
acquisition strategy for WorldSource. "We are excited to have a
partner such as KMA Capital in our corner," stated Bob Harrick,
President of WorldSource, "having a capital formation structure in
place that works in concert with our acquisition strategy will be
powerful tools to help us reach our goals." Doug Calaway, President
of KMA Capital Partners, Inc., commented, "WorldSource has a proven
and viable business plan with a considerable network and contacts
globally. We believe we can provide WorldSource with the financial
support they need to grow the company to the next level."
WorldSource CEO Brian Jue added, "This is an exciting relationship
on many different levels. We believe partnering with KMA Capital
will give us the knowledge and the resources for WorldSource to
accelerate its growth, and will help us articulate our plans to
reality. Additionally, WorldSource's capabilities and connections
will become another value added service for KMA Capital to offer
its clients, generating revenue for both parties." WorldSource is a
developer and distributor of products for the consumer marketplace.
It has established an experienced management team with considerable
expertise in the development, manufacturing, marketing and
distribution of consumer products. Management is actively seeking
opportunities to develop product lines and distribute products. For
more information, please visit http://www.worldsource.us/ . KMA
Capital Partners, Inc. is a merchant banking firm that engages in
investment banking, financial consulting, negotiations of mergers
and acquisitions, portfolio management, turnaround services,
"business development" company services, and commercial ventures
focusing on mid-cap private and public companies. Utilizing its
Capital Protection Program, KMA Capital has created a win-win
environment for companies and investors. KMA Capital has nine field
offices throughout the United States, with consideration for
expansion including the Northeast, West, and Southwest areas of the
US. For more information, please visit http://www.kmacapital.com/ .
Contact: WorldSource (877) 777-WDSC WorldSource Investor Relations
InvestSource (949) 200-7669 KMA Capital Partners, Inc. Jack Craig,
Investor Relations 407-370-4300 Note: Certain statements in this
news release may contain "forward looking" information within the
meaning of rule 175 under the Securities Act of 1933 and Rule 3b-6
under the Securities Act of 1934 and are subject to the safe harbor
created by those rules. All statements, other than statements of
fact, included in this release, may include forward-looking
statements that involve risks and uncertainties. There can be no
assurance that such statements will be accurate and actual results
and future events could differ materially from those anticipated in
such statements. DATASOURCE: WorldSource, Inc. CONTACT:
WorldSource, +1-877-777-WDSC, ; or WorldSource Investor Relations,
InvestSource, +1-949-200-7669, ; or Jack Craig, Investor Relations
of KMA Capital Partners, Inc., +1-407-370-4300, Web site:
http://www.worldsource.us/
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