Today IJJP released news for the first time in over five years (release pasted below). The stock, as we wrote about last month, is coming to life. Although it looks like the business behind the stock has changed the general bullish outlook has not. The stock surged today hitting .10 before closing at $.06. Volume was over 8 million shares.
This could be the start of good things for IJJP shareholders. This is one stock that you should keep on your watch list going forward.
IJJ Corp. Completes Acquisition of Dynamic European Technology Company
CAPITAL HEIGHTS, Md., Aug. 26 /PRNewswire-FirstCall/ -- IJJ Corp. (Pink Sheets: IJJP) is pleased to announce that the Company has acquired V-Clouds, a dynamic European technology company, for 4 million shares of IJJ Corp. (IJJC) restricted shares valued at $.25 per share from Cloud Technologies (Pink Sheets: CLDZ). V-Clouds' main focus is in the Email Management and Security Space. The V-Clouds solution is for small businesses and large enterprises, as well as service providers. Dave Lovatt and Owen Dukes will remain with V-Clouds, with Dave Lovatt remaining on the Board as its President.
As a global provider of Email Management Software, V-Clouds' hosted service and platforms are developed specifically for large IT Service Providers with their own Datacenter infrastructure. Delivering 'Cloud Based' services through a Secured environment as a Service model, V-Cloud allows email to be scanned for spam, viruses, and breaches in corporate compliance policy and monitors and polices Data Leaks within corporate emails. All services are managed through one, easy to administer web portal and are charged on a 'per user, per month' basis making working with Cloud a simple process.
V-Clouds' mission is to deliver true Software as a Service Business Models. Under the IJJC business model V-Clouds will be able to continue its global branding of the Company's Email Management Product. V-Clouds will expand further its established distribution network throughout the world from its offices in both Europe and North America using additional resources provided by IJJC. V-Clouds' vision for email management for the future is the globalization of their solution by the sharing and pooling of data from email in every territory around the world. Some of V-Clouds' partners include Tridex Systems, Propalms, Inc., and Global DL.
"We are excited about the relationship with IJJ Corp. They have the resources as well as the engineering and management staff to help V-Clouds get to the next level," stated David Lovatt, President of V-Clouds, Inc.
"The acquisition of V-Clouds gives us another synergistic product to add to our portfolio. We believe that with V-Clouds' global relationships, we will be able to increase the sales of our solutions worldwide," stated Clifford Pope, CEO of IJJ Corp.
For more information on V-Clouds please visit: http://www.v-clouds.com/.
About IJJ Corp.:
IJJ Corporation is a Diversified Technologies (DT) company focused on developing high tech solutions for the government and private sector for Rapid decision information processing. The technologies include voice, data, and video solutions, for Rapid Conferencing Services, Disaster Shelter Recovery Systems, Mobile Disaster Management Systems, Medical Hospital Advisor Systems, IT Management and Consulting Services, Secure Data Center Services, Network Operation Centers, and Enterprise Management Power Suites. The Company's objective is to continue to develop and integrate services and products in order to provide the most comprehensive, cutting edge solutions to its clients.
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.
Contact: Keith Jablon Big Apple Consulting Investor Relations Tel: (407) 389-5900
DATASOURCE: IJJ Corporation
CONTACT: Keith Jablon, Investor Relations of Big Apple Consulting for
IJJ Corporation, +1-407-389-5900
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