|By Marketwired .||
|February 7, 2014 05:42 AM EST||
IRVINE, CA -- (Marketwired) -- 02/07/14 -- Global Vision Holdings, Inc. (OTCQB: GVHIB), a diversified holding company focusing on environmentally responsible, profitable and growing companies, announced today that they have signed a letter of intent to purchase 100 percent of Art Masters, Inc.
About Art Masters, Inc.
Formed over 25 years ago, Art Masters, Inc. has served as the premier provider in interactive, multi-media Art education to elementary school students worldwide. As California's leading art program, Art Masters, Inc. has introduced Monet, Picasso, Van Gogh and a total of 35 master Artists to more than 2 million Kindergarten thru 8th graders. In 1985, Bonnie Steele began Art Masters, Inc. as a volunteer project for her daughter's sixth grade class at Del Lago School in Mission Viejo, CA. The program's popularity spread quickly, and today Art Masters, Inc. employs over 45 teachers. The program continues to grow with the help of thousands of volunteers. Though its roots are in California, Art Masters, Inc. has spread to every region of the U.S. and internationally. Several years ago, Mr. Stuart Groman, President of Art Masters, Inc. took on this role wanting to continue on with his late wife's legacy. Primarily focused on teaching young students the relevance of Art and the importance of keeping this tradition alive; Art Masters, Inc. contracts teachers who serve over 250 schools. The teachers work one on one with the students and the students look forward to these teachers coming to their schools. With all of the budget cuts, Art Masters, Inc. has been able to establish long term relationships with these schools and does not rely on government funding for continued success. The schools, parents and other charitable foundations provide all of the funding, making Art Masters, Inc. a very profitable and niche organization.
Glen Carnes, CEO of Global Vision Holdings, Inc., states: "Art Masters, Inc. is one of many companies we have pursued over the last 6 months based on its strong fundamentals and we look forward to the continued success of the company. Art Masters, Inc. fits right into our current portfolio of companies with strong cash flows and tremendous amounts of room for growth and profitability. We look forward to growing their presence in this marketplace, increasing the amount of schools they can service state wide and nationally, and moreover, continuing on with the legacy that Mr. Groman's wife established over 20 years ago. In addition, our current strategic plan for the next 6 months is to raise 3-5 million dollars in additional capital to continue to add to our growing portfolio of successful companies and increasing shareholder value."
About Global Vision Holdings, Inc.
Headquartered in Irvine, California, Global Vision Holdings, Inc. is a diversified financial holding company that evaluates acquisition and investment opportunities with a focus on up-and-coming and growing businesses. Global Vision Holdings, Inc. uses a superior team of financial research experts and an in-house responsibility analysis to make recommendations for strategic acquisitions. For more information, please visit our website at www.globalvisionholdings.net.
Cautionary Statement Regarding Forward-Looking Statements
This release may include forward-looking statements. These forward-looking statements are based on current expectations that involve risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may differ materially. These risks include: changes in business or other market conditions; the challenge of managing asset/liability levels; the difficulty of keeping expense growth at modest levels while increasing revenues; unforeseen challenges with respect to product development and the timing thereof; integration efforts relating to our acquisition activities; uncertainties regarding financing efforts which may be undertaken by the Company; and other risks detailed from time to time in the Company's Securities and Exchange Commission reports, including but not limited to the Annual Report on Form 10-K for the most recent year ended. Pursuant to the Private Securities Litigation Reform Act of 1995, the Company does not undertake to update forward-looking statements contained within this news release.
Chairman and CEO
Global Vision Holdings, Inc.
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
Jun. 1, 2016 03:30 AM EDT Reads: 3,606
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
Jun. 1, 2016 03:30 AM EDT Reads: 2,160
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound...
Jun. 1, 2016 03:15 AM EDT Reads: 3,356
As organizations shift towards IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. Commvault can ensure protection, access and E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. In his general session at 18th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Part...
Jun. 1, 2016 03:00 AM EDT Reads: 966
How will your company move to the cloud while ensuring a solid security posture? Organizations from small to large are increasingly adopting cloud solutions to deliver essential business services at a much lower cost. According to cyber security experts, the frequency and severity of cyber-attacks are on the rise, causing alarm to businesses and customers across a variety of industries. To defend against exploits like these, a company must adopt a comprehensive security defense strategy that is ...
Jun. 1, 2016 02:45 AM EDT Reads: 1,024
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
Jun. 1, 2016 01:30 AM EDT Reads: 2,054
In the rush to compete in the digital age, a successful digital transformation is essential, but many organizations are setting themselves up for failure. There’s a common misconception that the process is just about technology, but it’s not. It’s about your business. It shouldn’t be treated as an isolated IT project; it should be driven by business needs with the committed involvement of a range of stakeholders.
Jun. 1, 2016 12:30 AM EDT Reads: 2,855
In today's enterprise, digital transformation represents organizational change even more so than technology change, as customer preferences and behavior drive end-to-end transformation across lines of business as well as IT. To capitalize on the ubiquitous disruption driving this transformation, companies must be able to innovate at an increasingly rapid pace. Traditional approaches for driving innovation are now woefully inadequate for keeping up with the breadth of disruption and change facin...
Jun. 1, 2016 12:00 AM EDT Reads: 1,947
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
Jun. 1, 2016 12:00 AM EDT Reads: 2,535
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
Jun. 1, 2016 12:00 AM EDT Reads: 1,258
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...
May. 31, 2016 11:30 PM EDT Reads: 954
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and ...
May. 31, 2016 11:15 PM EDT Reads: 1,066
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed...
May. 31, 2016 11:15 PM EDT Reads: 2,269
18th Cloud Expo, taking place June 7-9, 2016, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises are using some...
May. 31, 2016 11:00 PM EDT Reads: 3,363
@DevOpsSummit taking place June 7-9, 2016 at Javits Center, New York City, and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
May. 31, 2016 10:45 PM EDT Reads: 3,307