EX-99.1
4
exhibit991.htm
PRESS RELEASE
Converted by EDGARwiz
IGAMBIT Announces Acquisition of
ArcMail
A Leading Provider of
Email Management Solutions.
Press Release
: iGambit Inc.
-
Tuesday November 10, 2015 10 AM EST
SMITHTOWN, NY., November 10, 2015 Marketwire/ -- iGambit Inc. (OTCQB: IGMB), a
diversified
holding company,
announced
that
on
November
4,
2015
it
acquired
Wala,
Inc
doing
business as ArcMail Technology
(Arcmail) via a stock purchase agreement. ArcMail will operate
as a wholly-owned subsidiary
of iGambit.
A copy of the Form 8-K report may
be accessed at
www.sec.gov
.
Rory
Welch,
CEO
of
ArcMail,
states,
"
ArcMail
is
very
excited
about
becoming
an
iGambit
company.
Their
exceptional
leadership,
core
values
of
integrity and
service
to
others
and
strong
record of
collaboration
are
a perfect
fit
for
our corporate mission and vision.
This partnership will
allow us to continue to grow and advance our technology
services.
"
John
Salerno,
Chairman
and
CEO
of
iGambit,
said,
"
We
have
known
and
worked
with
ArcMail
for
several
years
to
consummate
this
acquisition.
We
believe
that
both
companies
will
benefit
from
ownership in the iGambit holding company model. A model that offers significant growth
potential.
I
am
pleased
to
report
that
we
have
found
a
terrific
opportunity
for
iGambit,
ArcMail
and
our
stakeholders
in
this
combination.
We
look
forward
to
having
a
close
and
rewarding
relationship with Rory Welch and the ArcMail team as they seek to continue on their mission.
"
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
early-stage
technology
companies
with
strong
growth
potential
easily
recognized
in
the
public
arena.
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.
About ArcMail:
(
www.arcmail.com
), ArcMail is a leading provider of simple, secure and cost-
effective
email and enterprise archiving and management solutions. Honored with the Network
Products
Guide
Product
Innovation
Award,
ArcMail
was
founded
to
help
companies
and
public
sector organizations implement effective email archiving programs, boost email server
performance and
satisfy
regulatory
requirements.
With
the rapid
growth
of email usage, the
Shreveport, LA-based company
addresses a need for simple, secure email archiving that is
affordable for small businesses
yet robust enough to handle the demands of
enterprise companies
and
government entities
.
ArcMail's
solution,
the
Defender,
was
developed
to
provide
cost-effective
email archiving hardware
that improves the user experience, reduces the load on IT resources and
safely
secures
the
business
information
contained
in
emails,
all
in
an
easy-to-use
appliance.
We
believe the Defender is the best email archiving solution for organizations with anywhere from 5
to
5,000+
mailboxes
across
a
broad
section
of
industries.
Companies
and
organizations
such
as:
Behr Paints, State of New York
Metropolitan Transportation Authority,
St.
Louis Public Schools
and
the
Canadian
Parliament
have
all
turned
to
ArcMail
for
efficient
email
storage.
ArcMail
has
also
been
listed
by leading
business
analyst
companies
who
report
on
email
archiving
appliance
vendors.
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 Contact:
iGambit Inc.
John Salerno, CEO
631-670-6777
john@igambit.com

EX - 99 . 1 4 exhibit991 . htm PRESS RELEASE Converted by EDGARwiz IGAMBIT Announces Acquisition of ArcMail A Leading Provider of Email Management Solutions . Press Release : iGambit Inc . - Tuesday November 10 , 2015 10 AM EST SMITHTOWN , NY . , November 10 , 2015 Marketwire / -- iGambit Inc . ( OTCQB : IGMB ) , a diversified holding company , announced that on November 4 , 2015 it acquired Wala , Inc doing business as ArcMail Technology ( Arcmail ) via a stock purchase agreement . ArcMail will operate as a wholly - owned subsidiary of iGambit . A copy of the Form 8 - K report may be accessed at www.sec.gov . Rory Welch , CEO of ArcMail , states , " ArcMail is very excited about becoming an iGambit company . Their exceptional leadership , core values of integrity and service to others and strong record of collaboration are a perfect fit for our corporate mission and vision . This partnership will allow us to continue to grow and advance our technology services . " John Salerno , Chairman and CEO of iGambit , said , " We have known and worked with ArcMail for several years to consummate this acquisition . We believe that both companies will benefit from ownership in the iGambit holding company model . A model that offers significant growth potential . I am pleased to report that we have found a terrific opportunity for iGambit , ArcMail and our stakeholders in this combination . We look forward to having a close and rewarding relationship with Rory Welch and the ArcMail team as they seek to continue on their mission . " 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 early - stage technology companies with strong growth potential easily recognized in the public arena . 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 . About ArcMail : ( www.arcmail.com ) , ArcMail is a leading provider of simple , secure and cost - effective email and enterprise archiving and management solutions . Honored with the Network Products Guide Product Innovation Award , ArcMail was founded to help companies and public sector organizations implement effective email archiving programs , boost email server performance and satisfy regulatory requirements . With the rapid growth of email usage , the Shreveport , LA - based company addresses a need for simple , secure email archiving that is affordable for small businesses yet robust enough to handle the demands of enterprise companies and government entities . ArcMail 's solution , the Defender , was developed to provide cost - effective email archiving hardware that improves the user experience , reduces the load on IT resources and safely secures the business information contained in emails , all in an easy - to - use appliance . We believe the Defender is the best email archiving solution for organizations with anywhere from 5 to 5,000 + mailboxes across a broad section of industries . Companies and organizations such as : Behr Paints , State of New York Metropolitan Transportation Authority , St . Louis Public Schools and the Canadian Parliament have all turned to ArcMail for efficient email storage . ArcMail has also been listed by leading business analyst companies who report on email archiving appliance vendors . 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 Contact : iGambit Inc . John Salerno , CEO 631 - 670 - 6777 john@igambit.com
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