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Blackbird Announces Continual Acquisitions Following Agreement To Purchase Consulting Firm And Enters Negotiations With Austr...

Date : 04/27/2012 @ 3:41PM
Source : PR Newswire (US)
Stock : Blackbird International Corporation (PC) (BBRD)
Quote : 0.0064  0.0003 (4.92%) @ 4:00PM
Blackbird International Corporation (PC) share price Chart

Blackbird Announces Continual Acquisitions Following Agreement To Purchase Consulting Firm And Enters Negotiations With Austr...

Blackbird International Corporation (PC) (USOTC:BBRD)
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OAKVILLE, Ontario, April 27, 2012 /PRNewswire/ -- BLACKBIRD INTERNATIONAL CORPORATION (PINKSHEETS: BBRD) announces that through its subsidiary, Insight Group Technologies Inc, it is continuing its acquisition mode following the agreement to acquire Robert Pound Consulting company (RPC), a firm specializing in ISO 9001 quality and ISO 14001 environmental audits, training and certifications.  Robert Pound Consulting has evergreen contracts with many of North America's "Blue Chip" organizations, helping them gain compliance and continuous improvements to maintain their certifications. 

"This acquisition will exponentially increase sales because of cross referencing of our respective client base," states John Pedder, president.  He adds, "We shall also continue in our acquisition mode to give excellent present and future value to our shareholders. The Company shall continue on its course to make additional acquisitions that enhance its revenues and profits. Each acquisition we target will be accretive and provide enhanced shareholder value as the sum of these acquired businesses will be greater than the individual parts. Each new company adds its contribution which will permit Blackbird to profits to increase," states John Pedder, president.

The lists of negotiated and potential acquisitions are not limited to North America, but span the world mostly in geographical areas where the company has existing operations or has made its impact via major clientele. ''Nevertheless, we only acquire firms that increase our profit level, thereby allowing shareholders to benefit from our continued growth,'' adds John Pedder. ''We trust that we can easily triple our revenues through continued impressive organic growth levels and strategic and synergistic technology acquisitions over the coming months.''

It is also in confidential negotiations to acquire a  Supply Chain Systems company in Australia.  The opportunity to merge the intellectual capital of both companies and the synergies provided in each of the company's respective markets will yield huge gains.  "It is our goal that by combining our product and service offerings, we shall expand our market reach and value proposition to future customers," says Lee Rector, EVP Blackbird.

The Company's imprint in Australia and New Zealand is substantial through its work with a number of these countries' premier companies including Fosters Beer and MainFreight which is a public company with annual revenues approaching  $2billion.

About Blackbird International Corporation

Blackbird is in the business of developing and implementing software both in the gaming industry as well as in the field of supply chain management. It develops products and provides the installation and the services required by many Fortune 500 clients. Among its clientele for its technology  and services include Fosters Beer (Australia), Nestle, Coca-Cola, MainFreight (Australia). It is in an acquisition mode in order to rapidly become a major firm in this lucrative global market.

Furthermore, the  company is setting up and operating casinos and gaming centers in North America, the Caribbean and East Europe. Its first site shall be in Queretaro, Mexico. The Company has a letter of intent with Juegos De Mexicana by which it will own 50% interest in the casino and will manage its operations. The casino will be fully licensed to operate electronic gaming terminals, bingo, keno, electronic card games, sports better and several others. The Company shall use its expertise and software to install and manage the electronic gaming equipment in the casinos.

Contact:

John Pedder

john.pedder@insight-holdings.com

Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include the fluctuations in the price of gold and in the event of severe weather conditions. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.

SOURCE Blackbird International Corporation

Copyright 2012 PR Newswire



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