Science & Technology
Fri, March 4, 2011Thu, March 3, 2011Wed, March 2, 2011Tue, March 1, 2011Mon, February 28, 2011Sun, February 27, 2011Sat, February 26, 2011Fri, February 25, 2011Thu, February 24, 2011Wed, February 23, 2011Tue, February 22, 2011MXGI Acquires CyberAction
Published in Science and Technology on Monday, February 28th 2011 at 8:00 GMT by Market Wire
LOS GATOS, Calif.--([ BUSINESS WIRE ])--David Salzberg, President of Entertainment and Marketing for Media Exchange Group, Inc. (f/k/a China Wireless Communications, Inc.) (Pink Sheets: CWLC) announced today the asset acquisition of CyberAction, Inc., a forerunner in Digital Trading Cards, in an asset acquisition. CyberAction will retain its name and become the Brand Name behind Media Exchange Group's existing technology for digital trading cards.
"The strategies and brand awareness which we implemented and successfully built, still have value in the marketplace today and wea™re excited to be bringing them to Media Exchange Group"
aThe strategies and brand awareness which we implemented and successfully built, still have value in the marketplace today and wea™re excited to be bringing them to Media Exchange Group,a says Christian Tureaud, former founder of CyberAction.
aWith the technological infrastructure and distribution capabilities we have in place, we can finally take Christiana™s vision for the CyberAction Trading Card to a level that simply wasna™t feasible before,a says Joe Cellura, Chairman of Media Exchange Group.
MXGI
Media Exchange Group, Inc. is a digital media, technology, entertainment, wireless gaming and mobile publishing company providing digital strategy and content in the form of mobile applications, digital media, web and broadcast products via its unique mix of on-deck partnerships, license agreements, and joint venture revenue share arrangements. [ www.mediaexchangegroup.com ].
Forward Looking Statements
Statements regarding financial matters in this press release other than historical facts are aforward-looking statementsa within the meaning of section 27A of the Securities Act of 1933, Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the companya™s future expectations, including future revenues and earnings, and all other forward- looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Companya™s actual results may differ materially from the expected results.
For more information about this topic, please contact Rachel Baer by e-mail at [ rachel@mediaexchangegroup.com ], or investor relations at [ mxgi@mediaexchangegroup.com ], or by calling 408-827-3083.
