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TGGI Completes Acquisition of Full Spectrum Media(April 20, 2010)
FORT LAUDERDALE, FL -- (Marketwire) -- 04/20/10 -- Trans Global Group, Inc. (PINKSHEETS: TGGI) has acquired Full Spectrum Media ("FSM") (www.4fsm.com) for Five Hundred million shares of Restricted Common Stock of TGGI; FSM is now a wholly owned subsidiary of TGGI.
FSM will operate as a wholly owned subsidiary of TGGI with its current management in place. Randy Schneider will continue to serve as President and Steve White as Chief Technology Officer; Mr. Schneider has been named to the Board of TGGI.
About Full Spectrum Media
FSM has managed to evolve with technology while grasping opportunity in the marketing industry since inception in 2004. These services include a state of the art hosting platform for client and "non clients" wanting to host their websites on the FSM technology platform. This gives FSM an opportunity to introduce new services and solutions to their clients while enhancing their customer retention rate. The result has made the FSM experience better for their clients with the ability to create custom work management portals that monitor the progress of their projects and campaigns from either mobile web enabled phones or computers. Future initiatives for the Full Spectrum Media team include the development of proprietary solutions that will bring marketing campaigns to the masses. Full Spectrum Media's services include conceptual design, custom programming, SEO, campaign management, printing, iPhone application development, email marketing, SMS text marketing and many other marketing strategies both on and off line.
Full Spectrum has expanded its Web Development and Design business to enable the company to focus on projects listed below:
1) PRESSfish.com - Full Spectrum Media is the sole developer, marketer and technology provider of PRESSfish.com.
2) TV Reality show (to be aired on a major network in spring 2010) - a new reality based show themed on up and coming artists. Full Spectrum Media was awarded a 1m contract to develop, market and promote the show as well as develop mobile solutions along with a "text in voting system" similar to the ones used on shows such as American Idol (the company along with FOX is in discussions for a long term arrangement with the intent of airing the show for multiple seasons).
3) A new Fitness Center chain chose Full Spectrum Media to create its branding campaign, web presence, and all franchise branch technology solutions. This includes providing an email and texting solution to the hundreds of franchise locations, and a simple and easy to use interface for customer management.
4) An award winning publicly traded Golf Company has chosen Full Spectrum Media to develop a complete new online experience for its customers including a new on line shopping solution. Branding and global marketing projects are also included in this initiative and are scheduled into 2012.
The Company believes all other remarks made in the release to be accurate to the best of their knowledge.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
For additional information about this release please contact
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