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Telecorp Announces Letter of Intent to Acquire Doozi Entertainment Company, Inc.
Telecorp Announces Letter of Intent to Acquire Doozi Entertainment Company, Inc..
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[{"type":"text","content":"\n\n\n\nTelecorp Announces Letter of Intent to Acquire Doozi Entertainment Company, Inc.\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\nTelecorp Announces Letter of Intent to Acquire Doozi Entertainment Company, Inc.\nPR Newswire\nBARRIE, Ontario, Feb. 2, 2015\n\n\n\nBARRIE, Ontario, Feb. 2, 2015 /PRNewswire/ -- Telecorp, Inc. (OTC Markets: TLNUF) (\"Telecorp\" or the \"Company\"), is pleased to announce that the Company has signed a Letter of Intent (LOI), to acquire a majority controlling interest in Doozi Entertainment Company, Inc. (\"Doozi\"). \n\nThe LOI lays the groundwork for Telecorp to acquire a controlling position in Doozi, a rapidly-expanding software development company which, in its past year of operations, has shown positive revenues and growth in its fundamental business, since its inception in October 2013. Based in Toronto, Canada, and with a growing presence in Asia; Doozi is making a name for itself in innovative software development, mobile gaming application concepts, and social media-based web application fields.\n\n\"Telecorp is pleased to bring this exciting acquisition development to the attention of our shareholders and the investing public. We are in pursuit of successful and imaginative companies to complement our existing software services,\" stated Paul Phillips, CEO of Telecorp, Inc. \"Doozi, along with a number of other innovative companies, are on Telecorp's radar and will be part of an ambitious undertaking of acquisitions by our Company.\" \n\nAbout Doozi:\n\nDoozi is a privately held, digital media and mobile solutions company, with a core focus in the development of enterprise mobile applications on all major mobile platforms. With a total of 10 employees and affiliates, Doozi's management team consists of young, entrepreneurial but experienced marketing, software development, and finance personnel, with over 15 years combined experience in all aspects of software development. \n\nAbout Telecorp Inc. \n\nTelecorp is an emerging provider of communication solutions to an array of companies and industries including, automotive, real e...