360 VOX Files Business Acquisition Report

Tue Jan 29, 2013 10:23pm EST

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Marketwire

360 VOX Corporation

January 29, 2013 - 10:23:07 PM

360 VOX Files Business Acquisition Report

MONTREAL, QUEBEC--(Marketwire - Jan. 29, 2013) - 360 VOX Corporation (TSX
VENTURE:VOX) - 360 VOX Corporation ("360 VOX") announced that it has filed a
Business Acquisition Report ("BAR") with respect to the acquisition of a group
of real estate businesses in Canada known as Sotheby's International Realty
Canada, Sotheby's International Realty Quebec and Blueprint Global Marketing.
The transaction closed on November 15, 2012.

The BAR includes unaudited pro forma consolidated statements of earnings for
the year ended December 31, 2011 and nine month period ended September 30,
2012 and an unaudited pro forma consolidated balance sheet as at September 30,
2012. The BAR also includes the unaudited consolidated financial statements of
Mt. Ventoux Holdings Inc. ("Mt. Ventoux") (which through its affiliates, does
business as Sotheby's International Realty Canada, Sotheby's International
Realty Quebec and Blueprint Global Marketing) as at September 30, 2012 and for
the nine month periods ended September 30, 2012 and 2011, the audited
consolidated financial statements of Mt. Ventoux as at and for the year ended
December 31, 2011, together with the unaudited financial statements as at and
for the year ended December 31, 2010.

As described in the BAR, certain holding companies (acquired by 360 VOX as
part of the indirect acquisition of Mt. Ventoux to facilitate the sellers from
a tax perspective) amalgamated with Mt. Ventoux and the Company effective
December 31, 2012.

The complete BAR has been filed under 360 VOX's SEDAR profile at
www.sedar.com.

On Behalf of the Board of Directors

Robin Conners, President and CEO

About 360 VOX Corporation

360 VOX is a publicly traded company, incorporated under the laws of Ontario
and listed on the TSX Venture Exchange under the symbol "VOX". 360 VOX is
engaged in the business of managing and developing international hotel,
resort, residential and commercial real estate projects through its
wholly-owned subsidiaries, 360 VOX Asset Management Inc., 360 VOX Development
Inc., and in Cuba through its wholly owned subsidiary, Wilton Properties Ltd.,
in joint venture with Grupo Hotelero Gran Caribe S.A. 360 VOX is also engaged
in the sales and marketing or real estate through Sotheby's International
Realty Canada and Blueprint Global Marketing.

For further information on 360 VOX please visit our website at www.360vox.com
and www.sothebysrealty.ca. 360 VOX's public filings, including its most recent
audited consolidated financial statements, can be reviewed on the SEDAR
website (www.sedar.com).

This news release may contain forward-looking statements and information
within the meaning of applicable securities legislation. These statements
reflect management's current expectations, estimates, projections, beliefs and
assumptions that were made using information currently available to
management. In some cases, forward-looking statements can be identified by
terminology such as "may" "will", "expect", "plan", "anticipate", "believe",
"intend", "estimate", "predict", "forecast", "outlook", "potential",
"continue", "should", "likely" or the negative of these terms or other
comparable terminology.

Forward-looking statements include statements with respect to, closing of the
transaction, the number of shares that will be outstanding following closing
and the contracts and guarantees to be entered into on closing and are based
on assumptions that management believe are reasonable. These statements are
not guarantees of future results and are subject to numerous risks and
uncertainties that the conditions to closing may not be satisfied or that the
transaction may not close for other reasons. Although management believes that
the anticipated future results, performance or achievements expressed or
implied by the forward looking statements and information are based upon
reasonable assumptions and expectations, the reader should not place undue
reliance on forward-looking statements and information because they involve
assumptions, known and unknown risks, uncertainties and other factors that may
cause the actual results, performance or achievements of 360 VOX to differ
materially from anticipated future results, performance or achievements
expressed or implied by such forward-looking statements and information.

FOR FURTHER INFORMATION PLEASE CONTACT: 
360 VOX Corporation
Colin Yee
Chief Financial Officer
514-987-6452
www.360vox.com




        

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy and accuracy of this release.
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