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Zaldiva and Cygnus Internet/FonU2 Finalize Asset Purchase Agreement(March 30, 2012)
FORT LAUDERDALE, FL -- (Marketwire) -- 03/30/12 -- Zaldiva, Inc. (OTCBB: ZLDV) (OTCQB: ZLDV) is pleased to announce it has finalized the agreement to purchase the assets of Cygnus Internet, Inc., dba FonU2, a social media platform and developer of mobile applications bringing sellers and buyers of services and products together in real time. Social networks barely existed as an industry a few years ago. Today they are providing a platform for viral growth and sales.
Commenting on the transaction, Jeff Pollitt, President of FonU2, stated: "I am very pleased to announce the closing of this transaction. FonU2 has been working hard to complete the development of its mobile platform which will enable its users to transact business using any mobile device or computer, giving them immediate power to trade and do business with millions of other users, and get paid -- all from their mobile device or computer. With the closing of this transaction complete, we anticipate our beta launch in the summer of 2012."
Under the terms of the Agreement, Zaldiva agreed to amend its Articles of Incorporation to change its name to "FonU2, Inc." Zaldiva will begin the process of changing its name and symbol immediately. The terms of the Agreement and Plan are discussed in the Company's Current 8-K, dated March 29, 2012, which is available for review on the SEC's web site: sec.gov.
Cygnus Internet, Inc., dba FonU2, a social media platform and developer of mobile applications brings sellers and buyers of services and products together in real time. FonU2 is currently focused on marketing its mobile service to establish the "go to" destination for sellers and buyers to list and search for services/products, schedule appointments, and make payments, all in a real time mobile environment. For more information please visit the Company's website at www.fonu2.com or call 954-938-4133.
This press release contains "forward-looking statements." Although the forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by us in the our reports filed with the Securities and Exchange Commission, including the risk factors that attempt to advise interested parties of the risks that may affect our business, financial condition, results of operation and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
Charles S. Arnold
(Investors and Media)
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