Andiamo Corporation With Its Wholly Owned Subsidiary Utopya Innovations In Talks With Possible Telecommunications Industry Acquisition
TORONTO, March 1, 2018 -- Andiamo Corporation (OTCPK: ANDI) The U Team announces today that it is in talks with a US based Telecommunications Company with the aim of securing an acquisition or merger in the near future. While talks are in their preliminary stages, the outlook is promising and could lead to a further diversification of Utopya's telecommunications market share.
"We are very excited about these talks and the possibilities for rapid growth that they bring," stated Mike Starkweather, President of Andiamo Corporation. "With a successful outcome of these talks, Utopya can broaden both its service option and product offerings."
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements to reflect events or circumstances that may arise after the date of this release.