January 5, 2015
WRAPmail (www.wrapmail.com) as of today completed an agreement to purchase Prosperity Systems, Inc. for an all-stock acquisition. WRAPmail, Inc. has been looking to enhance its offering while also gaining access to a larger user base.
Rolv E. Heggenhougen, WRAPmail CEO, comments “We see this as a great partnership to not only grow our user base but also to start reporting revenue growth from PSI’s operations. Additionally, this partnership has strengthened both technologies to better serve our client base. I am also excited the management team from Prosperity Systems will be joining our executive ranks to drive the new vision to bring cutting edge technology for all new wave apps.”
The newly appointed executives are Marco Alfonsi, Co-CEO; and Romuald Stone, CTO. Mr. Alfonsi has been the CEO of Prosperity Systems since 2008. Additionally, he brings 19 years of experience in the financial services industry. Mr. Stone has over 12 years of IT experience building software products and creating services using cutting-edge technologies. Mr. Stone has held several management-level positions and has led several development teams.
Marco Alfonsi, Co-CEO of WRAPmail, Inc., stated, “The joining of Prosperity Systems and WRAPmail, Inc. together will create a blockbuster company, that will form a culture aggressively looking to build upon our existing technology. We look to accomplish this by forming key strategic alliances or acquiring solid new technologies. This will bring a increased value to our stakeholders.”
Romuald Stone, CTO of WRAPmail, Inc., stated, “I am very excited to be joining the WRAPmail team during this time of growth. My role will be focused on leading the research and development team and be involved in vetting out new technologies we look to acquire. These new technologies will strengthen our product lines and services. We are focused on improving how businesses organize and access their big data in a compliance-heightened world. WRAPmail has deep passion for building amazing technology, I am excited to spearhead this vision to inspire further growth for shareholders.”
Prosperity Systems, Inc. (http://www.prosperitysystems.com) offers the development and commercialization of its Cloud Content Management (CCM) platform, delivered on-demand in a Software as a Service (SaaS) model. Prosperity’s CCM platform was designed and developed for organizations with a mobile workforce that requires access to content and collaboration solutions from anywhere, anytime. The platform is sold on a subscription basis and offers a very extensive set of capabilities designed for the social enterprise.
Additionally, WRAPmail offers a full suite of services:
• Security concerns
• Integration with existing applications
• Open collaboration
• Productivity tools
• Web/any service integration
• Enterprise content management
• Extensive project management capability
WRAPmail, Inc offers email that can become complete marketing tools and help promote, brand, sell and cross-sell in addition to drive traffic to the websites and help conduct marketing research (through tracking analysis). United States Patent number US8572275 B2
Forward looking statements and risks and uncertainties
Matters discussed in this press release contain forward-looking statements. The words “anticipate,” “believe,” “estimate,” “may,” “intend,” “expect,” and similar expressions identify such forward-looking statements. Expected, actual results, performance, or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein. Forward-looking statements are subject to a number of risks and uncertainties, including but not limited to, risks and uncertainties associated with, among other things, the impact of economic, competitive, and other factors affecting our operations, markets, products, and performance. The matters discussed herein, including the development of our automated solution creating interactive email letterheads (WRAPS) for Google+ and potential revenue derived therefrom should not be construed in any way, shape or manner of our future financial condition or stock price. For more complete information regarding our business and financial condition, you may access our filings at otcmarkets.com.
WRAPmail Investor Relations:
Phone: (516) 205-4751