• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
Savtira PR 4 21-11 Source Capital Group
 

Savtira PR 4 21-11 Source Capital Group

on

  • 314 views

Savtira Corporation Signs Agreement with Source Capital Group, Inc. ...

Savtira Corporation Signs Agreement with Source Capital Group, Inc.

TAMPA FL, April 21, 2011 — Savtira Corporation, a new provider of B2B Cloud Commerce solutions, is proud to announce they have entered into an agreement with Source Capital Group, Inc.
Source Capital Group (SCG) has been retained by Savtira Corporation (Savtira) as a financial advisor. SCG’s Investment Banking division raises capital for high-growth small cap companies in industries including e-commerce. SCG will also assist and negotiate on Savtira’s behalf for potential Merger & Acquisition opportunities.

Statistics

Views

Total Views
314
Views on SlideShare
313
Embed Views
1

Actions

Likes
0
Downloads
0
Comments
0

1 Embed 1

http://www.slideshare.net 1

Accessibility

Upload Details

Uploaded via as Microsoft Word

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    Savtira PR 4 21-11 Source Capital Group Savtira PR 4 21-11 Source Capital Group Document Transcript

    • Savtira Corporation Signs Agreement with Source Capital Group, Inc.<br />TAMPA FL, April 21, 2011 — Savtira Corporation, a new provider of B2B Cloud Commerce solutions, is proud to announce they have entered into an agreement with Source Capital Group, Inc.<br />Source Capital Group (SCG) has been retained by Savtira Corporation (Savtira) as a financial advisor. SCG’s Investment Banking division raises capital for high-growth small cap companies in industries including e-commerce. SCG will also assist and negotiate on Savtira’s behalf for potential Merger & Acquisition opportunities. <br />"Source Capital has deep industry knowledge in our space. They understand the value of our Cloud Commerce technologies and our potential to capture a meaningful share of the growing $428 billion worldwide digital e-commerce market. We are pleased to work with them and look forward to deploying growth capital which will enhance our competitiveness in the market,” said Timothy Roberts, CEO of Savtira.<br />“Savtira plays in the sweet spot of cloud streaming technology, digital media and e-commerce. Mr. Roberts and his team have an extensive background in these industries and have developed a compelling plan to create an innovative cloud streaming platform for e-commerce businesses. We are excited to bring the merits of their vision to investors in an effort to ensure the success of this worthy project, which we anticipate will evolve the e-commerce and digital download markets towards a Web 3.0 paradigm” said Vik Grover, CFA, Senior Managing Director of Source Capital Group, Inc.<br />About Source Capital Group<br />Source Capital Group, Inc. was founded in 1992 by a management team with extensive financial industry experience at firms such as Bankers Trust, Chemical Bank, and Smith Barney. Source Capital began as a boutique investment banking firm specializing in small to medium-sized transactions, and the firm continues to focus its investment banking activities in those segments of the market. Source Capital has grown to include businesses in general securities, emerging market securities, distressed and high yield debt securities, investment management, mortgages, and business lending. For more information about Source Capital Group please visit www.sourcegrp.com.<br />About Savtira Corporation<br />Based in Tampa, Florida, Savtira is in the business of Digital Distribution with a Software-As-A-Service (SaaS) e-commerce platform that is a turnkey system for the distribution, marketing, merchandising, and selling of both digital media and physical goods in a single store and a single, unified shopping cart. Savtira’s solutions make it possible for businesses to distribute digital goods directly from a custom-tailored eStore, as well as the option to include physical goods. Savtira is also building the next Carrier-Class “Entertainment Distribution Network” (EDN) to stream all digital media from the cloud with a feature set that eclipses anything on the market. For more information on Savtira, visit: www.savtira.com. Follow us on Twitter at: http://twitter.com/savtira.<br />This press release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this news release. <br />###<br />Contact: David Alecock<br />Savtira Corporation<br />Phone: 813-402-0123<br />Fax: 877-482-9585<br />Email: pr@savtira.com <br />Website: www.savtira.com<br />