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T & G2
T & G2 Signs Letter Of Intent To Acquire German Company
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3/3/2004
BERNARDSVILLE, N.J.--(BUSINESS WIRE)--March 3, 2004--T & G2 (OTCBB:TTGG - News; BERLIN:TG6 - News; FRANKFURT:TG6) (WKN 812 894) announced today that it has entered into a letter of intent to acquire a Company based in Frankfurt, Germany. The German Company, Holtermann & Team GmbH, will become a wholly owned subsidiary of T & G2 and will maintain offices in Frankfurt.
This company brings with it assets of more than $1,500,000 U.S dollars, including an investment of almost $1,000,000 U.S Dollars. This acquisition will give T & G2 a presence in Europe and will help to accelerate the distribution of TTGG's products. The German company, once acquired will focus its initial efforts on the distribution of TTGG's gaming products.
Holtermann & Team GmbH has developed an impressive track record and has developed a plethora of contacts and business relationships throughout the world. Holtermann & Team was involved with about 150 companies going public between 1998 and 2001. This German Based Company has developed business relationships in such industries as programming, Internet services, Airline, cell phone services, online training and international finance. More importantly, Holtermann is the Honorary Consul of Belize in Central America. Mr. Holtermann has extensive contacts in Belize, including but not limited to the Internet, casinos and the Tourism industry.
"Once this acquisition is completed, I expect to see us accelerate our sales at a very quick pace in other parts of the world - especially Europe." stated T & G2's CEO, James M. Farinella "There are many markets in Europe that just do not exist here in the U.S.A. This will improve our awareness on the German stock exchanges as well."
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by T & G2 (TTGG) may differ materially from these statements due to a number of factors. TTGG assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
--------------------------------------------------------------------------------
Contact:
T & G2
Stephen Taylor, 973-351-3868
or
T & G2
Website: www.ttgg.net
866-409-8342
3/3/2004
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amlodipinThis company brings with it assets of more than $1,500,000 U.S dollars, including an investment of almost $1,000,000 U.S Dollars. This acquisition will give T & G2 a presence in Europe and will help to accelerate the distribution of TTGG's products. The German company, once acquired will focus its initial efforts on the distribution of TTGG's gaming products.
Holtermann & Team GmbH has developed an impressive track record and has developed a plethora of contacts and business relationships throughout the world. Holtermann & Team was involved with about 150 companies going public between 1998 and 2001. This German Based Company has developed business relationships in such industries as programming, Internet services, Airline, cell phone services, online training and international finance. More importantly, Holtermann is the Honorary Consul of Belize in Central America. Mr. Holtermann has extensive contacts in Belize, including but not limited to the Internet, casinos and the Tourism industry.
"Once this acquisition is completed, I expect to see us accelerate our sales at a very quick pace in other parts of the world - especially Europe." stated T & G2's CEO, James M. Farinella "There are many markets in Europe that just do not exist here in the U.S.A. This will improve our awareness on the German stock exchanges as well."
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by T & G2 (TTGG) may differ materially from these statements due to a number of factors. TTGG assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
--------------------------------------------------------------------------------
Contact:
T & G2
Stephen Taylor, 973-351-3868
or
T & G2
Website: www.ttgg.net
866-409-8342
T & G2 Signs Letter Of Intent To Acquire German Company