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Satellite Security Corporation (OTCBB:SLTS) Signs Share Exchange Agreement to Acquire 100% of AIMMS, Inc. (Advanced Interactive Mobile Marketing System, Inc.), a Leading Korean Venture-Backed Technology Firm and CRM Market Organizer.

Publication: Business Wire
Publication Date: 06-DEC-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
SAN DIEGO -- Satellite Security Corporation (OTCBB:SLTS) announced today that it has signed a share exchange agreement to acquire 100% of the outstanding shares of Advanced Interactive Mobile Marketing System, Inc. ("AIMMS"), a leader in marketing communications and interactive mobile marketing technology. Satellite Security Corporation is exchanging 50 million newly issued shares of its stock at a ratio 26.85 shares for every 1 share of AIMMS. Upon completion of the exchange there will be 52,222,034 shares of SLTS common stock outstanding.

AIMMS owns and operates a turnkey system for capturing customer information, membership and CRM management, loyalty programs, campaign planning and execution, result analysis and enhanced data mining. The AIMMS platform enables corporations to access their customers' cell phones with specific targeted advertising that is local and relevant. All campaigns are tracked and provide user information via powerful...

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