ICOA Inc Signs LOI To Acquire E-Commerce Tango Software Corporation

ICOA Inc announced the signing of a Letter of Intent (LOI) to acquire a majority interest in Tango Software Corporation, a privately held Canadian company that develops mission critical software. Tango Software Corp designs and develops mission-critical software specializing in e-Commerce payment processing software, high-availability (24/7) solutions for enterprise-scale Internet websites, Internet security and digital identity protocols, and computer control systems for industrial, electrical, and refrigeration applications. Financial terms of the transaction were not disclosed.