"We expect the transaction to be immediately accretive given the Acquisition Companies' current financial position and the fact that the customer base is in industries that Intouch serves today. We have met with all of the employees of the Acquisition Companies and are excited to have them join Intouch where they can better leverage their customer relationships and expertise," said
"The Acquisition Companies have recurring revenue in both services and software sales from well-known brands. These new customers become revenue expansion targets for Intouch's robust suite of SaaS products," said Watt.
Certain statements included in this news release, including those relating to the Company's proposed transaction, future revenues and expansion, contain forward looking statements, which by their nature are necessarily subject to risks and uncertainties and other factors that may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such statements reflect the Company's current views with respect to expectations, estimates, future events, and are based on information currently available to the Company and on hypotheses which it considers to be reasonable; however, management warns the reader that hypotheses relative to future events which are beyond the control of management could prove to be false, given that they are subject to certain risks and uncertainties. The Company does not undertake any obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events, except as required by law.
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