Indenture Investments Ltd. (Trading as 3IV on the Frankfurt exchange), Signs Deal...
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Indenture Investments Ltd. (Trading as 3IV on the Frankfurt exchange), Signs Deal with AE American Inc. TORONTO, Nov. 17 /PRNewswire/ - Indenture Investments Ltd. is pleased to announce that the company has signed a definitive agreement with AE American Inc. Indenture Investments Ltd. is a Canadian company with a primary focus on acquisitions of companies with a solid revenue base and good product range. AE American Inc. (www.aeamericaninc.com) is the majority shareholder in SBN (Satellite Broadcast Network) Spa, an Italian Joint stock Company, and is its North American sole representatives. With annual revenues of $3,000,000 USD, from the sale of superior audio products (www.diabloaudio.com and www.phd.it), the company is well postured to expand its product and service offerings. AE will start the distribution also of SBN products and services before the end of 2008 with tremendous possibilities of expanding the business in the music business. SBN (Satellite Broadcasting Network) Spa offers 100 channels of commercial free themed music over the web (www.satbn.com) founded in December 2004, serves over 100,000 subscribers in Italy and Europe and had average revenues of almost 20.000.000 USD per year in the last three years. Indenture Investments Ltd. is confident that this deal will increase corporate visibility and allow the company to secure substantial institutional and private Investments in Europe and around the world. Mr. Larry Skolnik, President of 3IV, is continuing to develop relationships with market makers in Europe to help create additional investor awareness of 3IV on the Frankfurt and Berlin Exchanges. The Frankfurt Stock Exchange (FWB), founded in 1585, is one of the world's largest trading centers for securities. Operated by the Deutsche Borse AG, FWB is the largest of the eight Germany stock exchanges. The Deutsche Borse's products and services portfolio cover the entire process chain including securities and derivatives trading, transaction settlement, the provision of market information, as well as the development and operation of electronic trading systems. For more information, visit the Deutsche Borse Group at: http://deutscheboerse.com. Disclaimer This release may contain certain "forward-looking statements" with respect to certain of Indenture Investments Ltd's plans and its current goals and expectations relating to its future financial condition, performance, results, strategy and objectives. Statements containing the words "believes", "intends", "expects", "plans", "seeks" and "anticipates", and words of similar meaning, are forward-looking. By their nature, all forward-looking statements involve risk and uncertainty because they relate to future events and circumstances which are beyond Indenture Investments Ltd's control including among other things, Canadian domestic and global economic and business conditions, market related risks, and the performance of financial markets generally; the policies and actions of regulatory authorities, the impact of competition, inflation, and deflation; the timing, impact and other uncertainties of future acquisitions or combinations within relevant industries; and the impact of changes in capital, solvency or accounting standards, and tax and other legislation and regulations in the jurisdictions in which Indenture Investments Ltd. operates. As a result, Indenture Investments Ltd's actual future financial condition, performance and results may differ materially from the plans, goals, and expectations set forth in Indenture Investments Ltd's forward-looking statements. Indenture Investments Ltd. undertakes no obligation to update the forward-looking statements contained in this section or any other forward-looking statements it may make. SOURCE Indenture Investments Ltd. Indenture Investments Ltd., Investor Relations Department, (416) 410-3995
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