News Feed Item
COREwafer Industries Inc. Explores Acquisitions in the Social Media Sector
|By Business Wire
|July 25, 2014 08:30 AM EDT
COREwafer Industries, Inc. (Pink Sheets: WAFR) a holding company who’s
wholly owned subsidiary, Core Wafer Systems, Inc. (“CWS”) is the creator
of proprietary software with installations worldwide, today announced it
is expanding its business plan following the recent completion of its
audited financials & announcement of its initiation of the uplist
process to the OTCQB with plans to enter into the rapidly growing social
Teresa McWilliams, Chief Financial Officer of COREwafer, commented, "The
Company intends to offer additional services to social media publishers
or influencers, such as a blogger or tweeter to share sponsored content
with their social network audience through a range of social channels,
such as blogs, Twitter, Facebook, Instagram, Tumblr, LinkedIn, and
others. We plan on serving a range of small and large businesses as well
as advertising customers in various industry segments comprising
consumer products, retail/eTail, technology, and travel. Our plans
include strategic acquisition opportunities to create shareholder value
in annual revenue and profits once we complete the up-listing of our
securities. We've been communicating with several target Companies so
that when we complete the filing process and up-list our securities to
the OTCQB we'll be prepared to execute our growth strategy."
Two-thirds of online adults (66%) use social media platforms such as
Facebook, Twitter, MySpace or LinkedIn. These Internet users say that
connections with family members and friends (both new and old) are a
primary consideration in their adoption of social media tools. Roughly
two thirds of social media users say that staying in touch with current
friends and family members is a major reason they use these sites, while
half say that connecting with old friends they’ve lost touch with is a
major reason behind their use of these technologies. Other factors play
a much smaller role—14% of users say that connecting around a shared
hobby or interest is a major reason they use social media, and 9% say
that making new friends is equally important. Reading comments by public
figures and finding potential romantic partners are cited as major
factors by just 5% and 3% of social media users, respectively. (The Pew
Here are some social media statistics:
In May 2013, 74% of women were users of social networking sites,
compared with 62% of men.
Between February 2005 and August 2006, the use of social networking
sites among young adult Internet users ages 18-29 jumped from 9% to
72% of all Internet users are now active on social media.
18-29 year olds have an 89% usage.
The 30-49 bracket sits at 72%.
60 percent of 50 to 60 year olds are active on social media.
In the 65 plus bracket, 43% are using social media.
71% of users access social media from a mobile device.
There are now over 1.15 billion Facebook users.
47% of Americans say Facebook is their #1 influencer of purchases.
70% of marketers used Facebook to gain new customers.
There are now over 1 billion with Google+ enabled accounts and has
reached 359 million monthly active users.
Google+ is growing at 33% per annum.
The 45 to 54 year old bracket increased its usage on Google+ by 56%
There are now over 550 million registered users.
34% of marketers use Twitter to successfully generate leads.
There are over 215 million monthly active users of Twitter.
COREwafer Industries, Inc. is currently in the initial phase of
discussions with one particular social media company who is a
self-service, SaaS based solution, which provides a toolset that
simplifies the creation of web and social experiences, rewards, and
real-time analytics to help brands boost participation and monetize
loyalty. Cyril Moreau, President and CEO, stated, “We are excited to
begin the due diligence process on this target acquisition who’s
capabilities include Real-Time Marketing and Live Events; User Generated
Content; Annotated Video and Audio Content; Story Branching; Mobile
Content; Augmented Reality; and Interactive Games however with this
addition of direction to our business plan we will be seeking various
other acquisition candidates as a merger and acquisition holding
About COREwafer Industries
COREWAFER INDUSTRIES, INC. (WAFR) is a merger and acquisition holding
company headquartered in Hollywood, FL, that currently operates and
manages two subsidiary companies. The goal of WAFR is to strategically
acquire businesses with strong growth potential and a solid business
plan in the software and technology industries. For information, visit www.corewaferindustries.com.
CORE WAFER SYSTEMS, INC. (CWS), the wholly owned subsidiary and Flagship
Company of COREwafer Industries, Inc. (WAFR), creates proprietary
software, software algorithms, and hardware used in the testing and data
mining of the most commonly used computer hard drives, memory, and
magnetics; as well as other advanced magnetics, semiconductor and
nanotechnology-based device components. For more information, visit www.corewafer.com.
This release may contain "forward-looking statements," within the
meaning of Section 27A of the Securities Act of 1933, as amended, and of
Section 21E of the Securities Exchange Act of 1934, as amended, and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Those statements include statements regarding the intent, belief, or
current expectations of COREwafer Industries, Inc. and members of its
management, as well as the assumptions on which such statements are
based. Prospective investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve risks
and uncertainties, and that actual results may differ materially from
those contemplated by such forward-looking statements. Important factors
currently known to management that could cause actual results to differ
materially from those in forward-looking statements include fluctuation
of operating results, the ability to compete successfully in its market
segment, and the ability to complete some or all of the before-mentioned
transactions. The company undertakes no obligation to update or revise
forward-looking statements to reflect changed assumptions, the
occurrence of unanticipated events, or changes to future operating
COREwafer Industries, Inc.
Teresa McWilliams, Chief Financial Officer
Information technology (IT) advances are transforming the way we innovate in business, thereby disrupting the old guard and their predictable status-quo. It’s creating global market turbulence. Industries are converging, and new opportunities and threats are emerging, like never before.
So, how are savvy chief information officers (CIOs) leading this transition? Back in 2015, the IBM Institute for Business Value conducted a market study that included the findings from over 1,800 CIO interviews ...
Mar. 23, 2017 04:30 AM EDT Reads: 4,698
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Mar. 23, 2017 04:15 AM EDT Reads: 848
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
Mar. 23, 2017 03:00 AM EDT Reads: 5,307
Niagara Networks exhibited at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
Mar. 23, 2017 03:00 AM EDT Reads: 2,876
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions.
In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
Mar. 23, 2017 02:15 AM EDT Reads: 11,091
SYS-CON Events announced today that HTBase will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. HTBase (Gartner 2016 Cool Vendor) delivers a Composable IT infrastructure solution architected for agility and increased efficiency. It turns compute, storage, and fabric into fluid pools of resources that are easily composed and re-composed to meet each application’s needs. With HTBase, companies can quickly prov...
Mar. 23, 2017 02:15 AM EDT Reads: 2,244
SYS-CON Events announced today that Outlyer, a monitoring service for DevOps and operations teams, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outlyer is a monitoring service for DevOps and Operations teams running Cloud, SaaS, Microservices and IoT deployments. Designed for today's dynamic environments that need beyond cloud-scale monitoring, we make monitoring effortless so you ...
Mar. 23, 2017 02:00 AM EDT Reads: 3,644
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex softw...
Mar. 23, 2017 01:15 AM EDT Reads: 3,285
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
Mar. 23, 2017 12:00 AM EDT Reads: 1,156
In his General Session at 17th Cloud Expo, Bruce Swann, Senior Product Marketing Manager for Adobe Campaign, explored the key ingredients of cross-channel marketing in a digital world. Learn how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).
Mar. 22, 2017 11:00 PM EDT Reads: 2,933
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
Mar. 22, 2017 10:15 PM EDT Reads: 3,244
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, will discuss some of the security challenges of the IoT infrastructure and relate how these aspects impact Smart Living. The material will be delivered i...
Mar. 22, 2017 10:15 PM EDT Reads: 1,702
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
Mar. 22, 2017 10:15 PM EDT Reads: 3,228
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for financial institutions. In his session at 20th Cloud Expo, Sebastien Meunier, Head of Digital for North America at Chappuis Halder & Co., will discuss how these tools can be leveraged to develop a lasting competitive advanta...
Mar. 22, 2017 09:30 PM EDT Reads: 2,302
Your homes and cars can be automated and self-serviced. Why can't your storage? From simply asking questions to analyze and troubleshoot your infrastructure, to provisioning storage with snapshots, recovery and replication, your wildest sci-fi dream has come true.
In his session at @DevOpsSummit at 20th Cloud Expo, Dan Florea, Director of Product Management at Tintri, will provide a ChatOps demo where you can talk to your storage and manage it from anywhere, through Slack and similar services ...
Mar. 22, 2017 06:15 PM EDT Reads: 3,932