EX-99.1
2
ex99-1.htm
EX-99.1
Exhibit
99.1
Contact
Information
8000
Towers Crescent Drive
Suite
1220
Vienna,
VA 22182
(703)
918-2430
http://www.arielway.com
Hawk
Associates, Inc.
Frank
N. Hawkins, Jr. or Julie Marshall
Phone:
(305) 852-2383
E-mail:
info@hawkassociates.com
http://www.hawkassociates.com
http://www.hawkmicrocaps.com
Ariel
Way to Acquire dbsXmedia
Company
Expected to
Provide Leading-Edge Satellite and Wireless Communications Services
Vienna,
VA, February 16, 2005
-- Ariel
Way, Inc. (OTC Bulletin Board: NFDV), a technology and services provider
for
highly secure global communications solutions that is undergoing a name change
from Netfran Development Corp., announced today that it has
signed a binding agreement to acquire dbsXmedia,
Inc., a company providing satellite-based
services for Business Television, digital signage, training and
multimedia.
Ariel
Way
will
acquire
the majority of issued and outstanding shares of common stock of dbsXmedia,
Inc.
in exchange for certain capitalization and financial guaranties that will
allow
dbsXmedia to rapidly expand its client base. The
terms
of the transaction were not disclosed.
The
transaction, which is subject to the usual conditions of closing, is scheduled
to close on or before February 21, 2005. Upon completion of the transaction,
Ariel Way will own 60% of dbsXmedia's stock and Zygot, LLC, held by the
management of dbsXmedia, will become the minority 40% shareholder. dbsXmedia
will continue to operate under it's existing name.
Arne
Dunhem, chairman of Ariel Way, said, "dbsXmedia provides Ariel Way with
additional necessary expertise and business drive to successfully penetrate
the
satellite and wireless communications markets. We expect dbsXmedia to
aggressively take on the U.S. and European marketplaces while providing new
and
complementary market avenues for Ariel Way's other business activities".
David
Howgill, CEO of dbsXmedia, said, "We are extremely pleased with today's
agreement. The synergies between the services and technologies provided by
existing Ariel Way activities, Ariel Way's financial backing and our own
services will allow dbsXmedia to accelerate our client acquisitions and
substantially improve our ability to provide leading Business Television
and
digital media solutions in the global satellite and wireless
industries".
About
dbsXmedia
dbsXmedia
aims to provide communications infrastructure and integrated multimedia services
to major corporations throughout the U.S. and Europe. dbsXmedia's executive
management has over 25 years experience in the video and telecommunications
industries. dbsXmedia operates from offices in the United States and United
Kingdom, providing industry leading solutions for Business Television, digital
signage and interactive media delivered over a combination of satellite,
terrestrial and wireless networks. For more information, visit http://www.dbsxmedia.com.
About
Ariel Way, Inc.
Ariel
Way
is a technology and services company providing highly secure global
communications solutions. The company is focused on developing innovative
and
secure technologies, acquiring and growing advanced emerging technology
companies and national and global communications service providers. The company
also intends to create strategic alliances with companies with complementary
product solutions and services. The technology development effort for highly
secure communications solutions is conducted by a wholly owned subsidiary,
Enfotec, Inc. More information about Ariel Way can be found on the web at
http://www.arielway.com.
Enfotec
designs, manufactures and markets high-speed security appliance solutions
that
integrate a high-performance Virtual Private Network (VPN) with a firewall,
intrusion detection capabilities, anti-virus and security management in a
single
network appliance. Enfotec's EN Security Appliance and Custom Security Appliance
products feature hardware-based technologies that the company believes delivers
true wire-line data speed performance and the highest level of security
achievable. The Enfotec EN series of products is scalable while being easy
to
configure and manage and enables third-party software applications to be
easily
integrated. Enfotec's firmware and software technologies use standard
off-the-shelf components combined with the Linux operating system to provide
customers with performance levels that the company believes were never before
realized in a non-proprietary, cost-effective, hardware-based security
appliance. More information about Enfotec can be found on the web at
http://www.enfotec.net.
A
profile
on the company can be found at http://www.hawkassociates.com/arielway/profile.htm.
An
online
investor kit containing Ariel Way press releases, SEC filings, current Level
II
price quotes, interactive Java stock charts and other useful information
for
investors can be found at http://www.hawkassociates.com
and http://www.hawkmicrocaps.com.
For
investor relations, contact Frank Hawkins or Ken AuYeung, Hawk Associates,
at
(305) 852-2383, e-mail: info@hawkassociates.com.
Forward-Looking
Statements: Certain statements made in this press release concerning Ariel
Way,
Inc. and its future operations and acquisitions are forward-looking statements.
Although such statements are based on current expectations they are subject
to a
number of future uncertainties and risks, and actual results may differ
materially. The uncertainties and risks include, but are not limited to,
the
Netfran Development Corp. acquisition of Ariel Way, Inc. and additional
potential acquisitions and the ability of Ariel Way, Inc. to execute effectively
its business plan and develop a successful business. Any forward-looking
statements are made pursuant to the Private Securities Litigation Reform
Act of
1995 and, as such, speak only as of the date made. Statements made in this
document that are not purely historical are forward-looking statements,
including any statements as to beliefs, plans, expectations, anticipations
or
intentions regarding the future. The company assumes no obligation to update
information concerning the forward-looking statements contained herein.

EX - 99 . 1 2 ex99 - 1 . htm EX - 99 . 1 Exhibit 99 . 1 Contact Information 8000 Towers Crescent Drive Suite 1220 Vienna , VA 22182 ( 703 ) 918 - 2430 http://www.arielway.com Hawk Associates , Inc . Frank N . Hawkins , Jr . or Julie Marshall Phone : ( 305 ) 852 - 2383 E - mail : info@hawkassociates.com http://www.hawkassociates.com http://www.hawkmicrocaps.com Ariel Way to Acquire dbsXmedia Company Expected to Provide Leading - Edge Satellite and Wireless Communications Services Vienna , VA , February 16 , 2005 -- Ariel Way , Inc . ( OTC Bulletin Board : NFDV ) , a technology and services provider for highly secure global communications solutions that is undergoing a name change from Netfran Development Corp . , announced today that it has signed a binding agreement to acquire dbsXmedia , Inc . , a company providing satellite - based services for Business Television , digital signage , training and multimedia . Ariel Way will acquire the majority of issued and outstanding shares of common stock of dbsXmedia , Inc . in exchange for certain capitalization and financial guaranties that will allow dbsXmedia to rapidly expand its client base . The terms of the transaction were not disclosed . The transaction , which is subject to the usual conditions of closing , is scheduled to close on or before February 21 , 2005 . Upon completion of the transaction , Ariel Way will own 60 % of dbsXmedia 's stock and Zygot , LLC , held by the management of dbsXmedia , will become the minority 40 % shareholder . dbsXmedia will continue to operate under it ' s existing name . Arne Dunhem , chairman of Ariel Way , said , " dbsXmedia provides Ariel Way with additional necessary expertise and business drive to successfully penetrate the satellite and wireless communications markets . We expect dbsXmedia to aggressively take on the U . S . and European marketplaces while providing new and complementary market avenues for Ariel Way 's other business activities " . David Howgill , CEO of dbsXmedia , said , " We are extremely pleased with today 's agreement . The synergies between the services and technologies provided by existing Ariel Way activities , Ariel Way 's financial backing and our own services will allow dbsXmedia to accelerate our client acquisitions and substantially improve our ability to provide leading Business Television and digital media solutions in the global satellite and wireless industries " . About dbsXmedia dbsXmedia aims to provide communications infrastructure and integrated multimedia services to major corporations throughout the U . S . and Europe . dbsXmedia 's executive management has over 25 years experience in the video and telecommunications industries . dbsXmedia operates from offices in the United States and United Kingdom , providing industry leading solutions for Business Television , digital signage and interactive media delivered over a combination of satellite , terrestrial and wireless networks . For more information , visit http://www.dbsxmedia.com . About Ariel Way , Inc . Ariel Way is a technology and services company providing highly secure global communications solutions . The company is focused on developing innovative and secure technologies , acquiring and growing advanced emerging technology companies and national and global communications service providers . The company also intends to create strategic alliances with companies with complementary product solutions and services . The technology development effort for highly secure communications solutions is conducted by a wholly owned subsidiary , Enfotec , Inc . More information about Ariel Way can be found on the web at http://www.arielway.com . Enfotec designs , manufactures and markets high - speed security appliance solutions that integrate a high - performance Virtual Private Network ( VPN ) with a firewall , intrusion detection capabilities , anti - virus and security management in a single network appliance . Enfotec 's EN Security Appliance and Custom Security Appliance products feature hardware - based technologies that the company believes delivers true wire - line data speed performance and the highest level of security achievable . The Enfotec EN series of products is scalable while being easy to configure and manage and enables third - party software applications to be easily integrated . Enfotec 's firmware and software technologies use standard off - the - shelf components combined with the Linux operating system to provide customers with performance levels that the company believes were never before realized in a non - proprietary , cost - effective , hardware - based security appliance . More information about Enfotec can be found on the web at http://www.enfotec.net . A profile on the company can be found at http://www.hawkassociates.com/arielway/profile.htm . An online investor kit containing Ariel Way press releases , SEC filings , current Level II price quotes , interactive Java stock charts and other useful information for investors can be found at http://www.hawkassociates.com and http://www.hawkmicrocaps.com . For investor relations , contact Frank Hawkins or Ken AuYeung , Hawk Associates , at ( 305 ) 852 - 2383 , e - mail : info@hawkassociates.com . Forward - Looking Statements : Certain statements made in this press release concerning Ariel Way , Inc . and its future operations and acquisitions are forward - looking statements . Although such statements are based on current expectations they are subject to a number of future uncertainties and risks , and actual results may differ materially . The uncertainties and risks include , but are not limited to , the Netfran Development Corp . acquisition of Ariel Way , Inc . and additional potential acquisitions and the ability of Ariel Way , Inc . to execute effectively its business plan and develop a successful business . Any forward - looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and , as such , speak only as of the date made . Statements made in this document that are not purely historical are forward - looking statements , including any statements as to beliefs , plans , expectations , anticipations or intentions regarding the future . The company assumes no obligation to update information concerning the forward - looking statements contained herein .
O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O B-Parties.BUYING_COMPANY I-Parties.BUYING_COMPANY O O B-Parties.ACQUIRED_COMPANY O O O O O O O O O O O O O O O O O O O O O B-Parties.BUYING_COMPANY I-Parties.BUYING_COMPANY I-Parties.BUYING_COMPANY I-Parties.BUYING_COMPANY I-Parties.BUYING_COMPANY O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O B-Parties.ACQUIRED_COMPANY I-Parties.ACQUIRED_COMPANY I-Parties.ACQUIRED_COMPANY I-Parties.ACQUIRED_COMPANY O O O O O O O O O O O O O O O O O O O B-Parties.BUYING_COMPANY I-Parties.BUYING_COMPANY O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O