Aspen Global Corp. Services Announce Negotiations for First Acquisition
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ATLANTA--(Business Wire)--Aspen Global Corp. (PINK SHEETS: AGLB), formerly Oxford Educational Services (Pink Sheets: OXED), announced today it is in negotiations to acquire a large security firm in Georgia. Aspen Global Corp. has completed negotiations for the acquisition of one of the largest security firms in Georgia. The proposed acquisition would add $1 million USD to Aspen Global's gross revenues in 2008. The acquisition would give Aspen Global a presence in the firearm sales, personal security services, video surveillance, loss prevention, background checks, and laminate security products. "The timing of this acquisition could not be better," stated David Beck, President of Aspen Global Corp. "The company is not releasing the name of the acquisition until the consummation of all terms in a Letter of Intent. This acquisition is an exciting step in the growth of Aspen Global Corp. and its value to shareholders. I anticipate we will be able to announce the name of the acquisition within 5-10 business days." This press release contains certain forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release. Aspen Global Corp. David Beck, 404-474-8344 InvestorRelations@aspenglobalcorp.com Copyright Business Wire 2008
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