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XTend Medical Corporation (XMDC) Closes Acquisition of JoyFull Genius, Inc.Company to Operate as a Wholly Owned Subsidiary (May 22, 2012)
SUN VALLEY, CA -- (Marketwire) -- 05/22/12 -- XTend Medical Corporation/MultiCorp International, Inc. (PINKSHEETS: XMDC), has finalized the due diligence process and closed the acquisition of JoyFull Genius, Inc.
JoyFull Genius, Inc. will become a wholly-owned subsidiary of XTend/MultiCorp operating under the entertainment division of the company. Under the terms of the agreement, Mr. Bob Conti will remain President.
The company released the following statement:
"XTend Medical/MultiCorp International, Inc. has finalized the acquisition of JoyFull Genius, Inc. sooner than was anticipated. Mr. Bob Conti, the President of JoyFull, was instrumental in the due diligence process and worked very tirelessly to give the company the information it needed to close this acquisition. We're excited to have Mr. Conti guide the company as it develops music, television, feature films, and other projects that will increase revenue and profits. Mr. Conti's experience in the music industry and his total commitment to growing JoyFull Genius will benefit XTend/MultiCorp's entertainment division," stated Mr. Paul D. Lisenby, CEO of XTend Medical.
Mr. Bob Conti, President of JoyFull Genius, added, "I'm thoroughly ecstatic about becoming part of XTend/MultiCorp. The focus now will be to complete the third album of "The Genius of Jose Feliciano - Volume III" and get it ready for global distribution." Mr. Conti continues, "We have begun preliminary talks with several companies that produce movies and television shows and there has been interest in having JoyFull Genius, Inc. compose original music for their soundtracks. In addition, our site, www.customsongstudio.com has seen a 300% increase in web traffic and we feel with Graduation and Father's days approaching over the next few weeks, people looking for a unique gift will look to us to deliver a great musical message for their loved ones."
About XTend Medical
XTend Medical/MultiCorp International, Inc. is a company that operates its core business in the medical field but will also have divisions within the company in varying business sectors. The company will continue to capitalize on growth sectors with solid business models and management that have the potential to grow exponentially. For further information please contact them at firstname.lastname@example.org
About JoyFull Genius
JoyFull Genius, Inc. is a full Service Music and Entertainment Production Company. From production to final distribution, our award winning composers and producers can and will create everything from Orchestral to Rock, Jazz, Country, World and everything in between. Original scores, corporate applications, the production of music or the performance of... If it has anything to do with music or entertainment, it should be a Joyfull Production. It's not just what we do; it's what we love to do. For further information on JoyFull Genius, please visit their website at www.joyfullgenius.com or check out their website, www.customsongstudio.com
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
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