EX-99.1
3
exhibit991.htm
PRESS RELEASE
Converted by EDGARwiz
IGAMBIT Announces Sale of Gotham
Subsidiary
Press Release
: iGambit Inc.
-
Tuesday November 11, 2015 2 PM EST
SMITHTOWN, NY., November 11, 2015 Marketwire/ --
iGambit Inc. (OTCQB: IGMB), a
diversified
holding
company,
announced
that
on
November
5,
2015,
through
its
wholly
owned
subsidiary Gotham Innovation Lab, Inc. (
"
Gotham
"
) it sold certain assets of the Gotham business
to VHT, Inc
(
"
VHT
"
).
A copy of the Form 8-K report may
be accessed at
www.sec.gov
.
John
Salerno,
Chairman
and
CEO
of
iGambit,
said,
"
Gotham
has
been
a
useful
and
rewarding
subsidiary and
we
wish
VHT
much
success
with
this
new
acquisition.
We
will
use the
proceeds
of the sale to further our business efforts with our recently acquired email archiving management
solutions business,
ArcMai
l
.
"
About iGambit Inc:
iGambit (OTCBB: IGMB) is a fully
reporting publicly-held company. We
are
a diversified
holding
company
pursuing
and
evaluating a
number
of
strategic
objectives.
These
objectives
include,
among
others,
the
potential
acquisition of
small
to
medium
size
businesses.
We
believe
that
the
background
of
our
management
and
of
our
Board
of
Directors
in
the
technology
markets is a valuable resource that makes us a desirable business partner to
the companies that we
are
seeking
to
acquire.
When
we
acquire
a
company,
we
work
to
assume
an
active
role
in
the
development and
growth
of
the company,
providing
both
strategic guidance and
operational
support.
Once
a
company
joins
our
partner
company
network,
our
collective
expertise
is
leveraged
to
help
position
that
company
to
produce
high-margin,
recurring
and
predictable
earnings
and
generate long-term value for our stockholders. For more information, please visit
www.igambit.com
. Information on our website does not comprise a part of this press release.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this document and elsewhere by iGambit are "forward-looking statements"
within
the
meaning
of
the
Private
Securities
Litigation
Reform
Act
of
1995.
Such
information
includes,
without
limitation,
the
business
outlook,
assessment
of
market
conditions,
anticipated
financial
and
operating
results,
strategies,
future
plans,
contingencies
and
contemplated
transactions of the company. Such forward-looking statements are not guarantees of future
performance
and
are subject to
known and
unknown
risks,
uncertainties and
other
factors
which
may
cause
or
contribute
to
actual
results
of
company
operations,
or
the
performance
or
achievements
of
the
company
or
industry
results,
to
differ
materially
from
those
expressed,
or
implied
by
the
forward-looking
statements.
In
addition
to any
such risks,
uncertainties
and
other
factors
discussed
elsewhere
herein,
risks,
uncertainties
and
other
factors
that
could
cause
or
contribute to
actual results
differing materially from
those
expressed
or
implied
for the forward-
looking
statements
include,
but
are
not
limited
to
fluctuations
in
demand;
changes
to
economic
growth
in
the
U.S.
and
U.S.
government
policies
and
regulations,
including,
but
not
limited
to
those
affecting
the
medical
fertility
clinic
industry.
iGambit
undertakes
no
obligation
to
publicly
update
any
forward-looking
statements,
whether
as
a
result
of
new
information,
future
events
or
otherwise.
Actual
results,
performance or
achievements
could
differ
materially
from
those
anticipated
in
such
forward-looking
statements
as
a
result
of
certain
factors,
including
those
set
forth in iGambit Inc.'s filings with the Securities and Exchange Commission.
Investor Relations Contacts:
iGambit Inc.
John Salerno, CEO
631-670-6777
john@igambit.com
Howard Gostfrand
President
American Capital Ventures
305-918-7000
hg@amcapventures.com
www.amcapventures.com

EX - 99 . 1 3 exhibit991 . htm PRESS RELEASE Converted by EDGARwiz IGAMBIT Announces Sale of Gotham Subsidiary Press Release : iGambit Inc . - Tuesday November 11 , 2015 2 PM EST SMITHTOWN , NY . , November 11 , 2015 Marketwire / -- iGambit Inc . ( OTCQB : IGMB ) , a diversified holding company , announced that on November 5 , 2015 , through its wholly owned subsidiary Gotham Innovation Lab , Inc . ( " Gotham " ) it sold certain assets of the Gotham business to VHT , Inc ( " VHT " ) . A copy of the Form 8 - K report may be accessed at www.sec.gov . John Salerno , Chairman and CEO of iGambit , said , " Gotham has been a useful and rewarding subsidiary and we wish VHT much success with this new acquisition . We will use the proceeds of the sale to further our business efforts with our recently acquired email archiving management solutions business , ArcMai l . " About iGambit Inc : iGambit ( OTCBB : IGMB ) is a fully reporting publicly - held company . We are a diversified holding company pursuing and evaluating a number of strategic objectives . These objectives include , among others , the potential acquisition of small to medium size businesses . We believe that the background of our management and of our Board of Directors in the technology markets is a valuable resource that makes us a desirable business partner to the companies that we are seeking to acquire . When we acquire a company , we work to assume an active role in the development and growth of the company , providing both strategic guidance and operational support . Once a company joins our partner company network , our collective expertise is leveraged to help position that company to produce high - margin , recurring and predictable earnings and generate long - term value for our stockholders . For more information , please visit www.igambit.com . Information on our website does not comprise a part of this press release . Cautionary Note Regarding Forward - Looking Statements Certain statements in this document and elsewhere by iGambit are " forward - looking statements " within the meaning of the Private Securities Litigation Reform Act of 1995 . Such information includes , without limitation , the business outlook , assessment of market conditions , anticipated financial and operating results , strategies , future plans , contingencies and contemplated transactions of the company . Such forward - looking statements are not guarantees of future performance and are subject to known and unknown risks , uncertainties and other factors which may cause or contribute to actual results of company operations , or the performance or achievements of the company or industry results , to differ materially from those expressed , or implied by the forward - looking statements . In addition to any such risks , uncertainties and other factors discussed elsewhere herein , risks , uncertainties and other factors that could cause or contribute to actual results differing materially from those expressed or implied for the forward - looking statements include , but are not limited to fluctuations in demand ; changes to economic growth in the U . S . and U . S . government policies and regulations , including , but not limited to those affecting the medical fertility clinic industry . iGambit undertakes no obligation to publicly update any forward - looking statements , whether as a result of new information , future events or otherwise . Actual results , performance or achievements could differ materially from those anticipated in such forward - looking statements as a result of certain factors , including those set forth in iGambit Inc . 's filings with the Securities and Exchange Commission . Investor Relations Contacts : iGambit Inc . John Salerno , CEO 631 - 670 - 6777 john@igambit.com Howard Gostfrand President American Capital Ventures 305 - 918 - 7000 hg@amcapventures.com www.amcapventures.com