|By Marketwired .||
|March 25, 2014 03:00 PM EDT||
NEW YORK, NY -- (Marketwired) -- 03/25/14 -- Worldwide Internet, Inc. (OTC Pink: WNTR) (PINKSHEETS: WNTR) announced today that its portfolio company Global Marketing Services and its investors have completed the acquisition of majority control of I-Texts, Inc. (www.i-texts.com).
In addition I-Texts, Inc. has signed an agreement with a global technology services company to provide support services and assist in development of new services for its technology platform.
I-Texts has more than 300 charities, 400 independent representatives and 12,500 active supporters in its database. The company is now ready for advertisers to be able to reach the loyal supporters of the charities with offers that will benefit the supporters and the charities. The market for mobile advertising is expected to exceed $75 Billion dollars in 2015.
Frank Kristan, President of Worldwide Internet, Inc., stated that:
"We are excited about our investment in the mobile advertising space that will increase our shareholder asset value and provide dividends for our shareholders."
About I-Texts, Inc.
I-Texts (www.i-texts.com) has developed a state of the art software platform to address all critical needs, such as: business management, information management, compliance and risk mitigation. In addition to the software platform is the latest in security programming to ensure our clients' information is 100% secure including dedicated servers and a state of the art back-up system.
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those expressed or implied in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the OTC Markets and. undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
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