CORAL SPRINGS, Fla.--(BUSINESS WIRE)--BizRocket.com, Inc. (OTC Markets Pink: BZRT) Announces today that it has signed a Memorandum of Understanding for acquisition of a full-service Internet e-mail marketing company that specializes in B2B and B2C Internet Marketing services. The company currently has a roster of customers across the United States.
Management believes that aside from adding an attractive source of revenues for the company in expanding its overall business offerings, it will also enhance memberships and marketing initiatives for KidzRocket.com. KidzRocket.com is gaining continued recognition as the safest, most fun pre-teen social networking website for pre-teens.
The Company expects post-acquisition revenues from this purchase in excess of $2.0 million with 40% EBITDA FYE 12/31/2013. B2B and B2C e-mail marketing is part of a multi-billion dollar industry and management is confident BizRocket can become a significant industry participant with unique crossover opportunity in its business models toward possible future buyouts from tech and media giants. Pre-teen target marketing is on the rise as demonstrated by the acquisition of websites like Club Penguin by Disney for a deal involving up to $700 million dollars.
Finalization and closing is expected by 06/30/2012.
KidzRocket.com was invented to meet our national challenge to help protect children from Internet predators, cyberbullies, and various inappropriate contact. KidzRocket.com is a subsidiary of BizRocket.com, Inc. (OTC Markets Pink: BZRT)
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