Business
QED Connect, Inc. Acquires Majority Interest in Yellow7, Inc.
QED Connect, Inc. Acquires Majority Interest in Yellow7, Inc..
About this update from Qed Connect, Inc.
[{"type":"text","content":"\n\n\n\n\n\n\n\nQED Connect, Inc. Acquires Majority Interest in Yellow7, Inc.\n\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:\"0in\";\n}\n\n\n\n\n\n\n\n\n\n\nQED Connect, Inc. Acquires Majority Interest in Yellow7, Inc.\n\nPR Newswire\n\nMANCHESTER, N.H., Jan. 17, 2013\n\n\n\n\n\n\n\nMANCHESTER, N.H., Jan. 17, 2013 /PRNewswire/ -- QED Connect, Inc. (\"QED\") (OTC Pink Sheets: QEDN) today announced that it has purchased a control block of the outstanding common stock of Yellow7, Inc. (\"Yellow7\") (OTC Pink Sheets: YLLC). As part of the acquisition, QED's CEO, Tom Makmann, was appointed CEO of Yellow7. Yellow7's prior management team, Jason Burgess and Jon Burgess, will remain in place to manage Yellow7's current business through its subsidiary, Yellow7 Interactive LLC. \n\n\nYellow7 is a Web development and marketing solutions company. Yellow7 brings over thirteen years of innovation, technology, and creativity to the online industry, having developed memorable media and technologies for brand leaders such as DATCU Credit Union, MetlSpan, TIGI and more. Yellow7's multiple capabilities help its clients take full advantage of customized, and effective, online technologies.\n\n\nMr. Makmann commented, \"Yellow7 has a proven track record in developing Internet presence as well as building awareness in its target markets. We will use these abilities to generate awareness of QED's current and future acquisition opportunities. This acquisition will allow QED to provide information and timely updates to its investors and the marketplace. QED is continuing its strategy of acquisitions, investments, and strategic business strategic alliances and believes its strategy will continue to provide shareholder value in 2013.\" \n\n\nQED focuses on businesses that are producing revenue and are seeking capital and/or management assistance to execute their business plan. QED looks for companies that are synergistic and/or offer the opportunity to develop a business in a market that has growth potential. \n\n\nQED Connect's current investments and joint ventures include:\n\n\n\n\nSofame Energy, In...