воскресенье, 26 февраля 2012 г.

The Catapult Group Signs Stock Exchange Agreement.

Business Editors & Technology Writers

ATLANTA--(BUSINESS WIRE)--March 3, 2000

Transaction will result in The Catapult Group, Inc.,

a Southeastern Web Integrator, being a Reporting Company

Atlanta-based web development firm The Catapult Group, Inc.SM ("Catapult") announced today it has signed a Non-binding Agreement with Envirometrics, Inc. ("Envirometrics") in which Envirometrics will acquire all of the outstanding stock of Catapult. Upon completion of the transaction, Envirometrics will issue common shares to acquire all of the outstanding shares of Catapult resulting in the shareholders of Catapult owning 90% of Envirometrics' stock and the existing shareholders of Envirometrics owning the remaining 10% of the stock.

Following the closing of the transaction, Envirometrics will be the surviving corporation, but will immediately change its name to The Catapult Group, Inc. This transaction is contingent upon the completion of due diligence by both companies, the re-listing of Envirometrics common stock on the OTC Bulletin Board and the approval of the board of directors of both companies. Once this transaction is completed, Catapult will become a Reporting Company under the Securities and Exchange Act of 1934. As a reporting company, Catapult will file annual and quarterly reports with the Securities and Exchange Commission.

The Catapult Group focuses on what it considers the ignored mid-market e-business space and is an alternative to the high cost, low service web development firms.

"This transaction allows us to do in 90-days what would otherwise take us more than a year to accomplish," said Bryan Johns, Chief Executive Officer of The Catapult Group. "The time for aggressive growth in this market is now. This transaction contributes favorably to shareholder wealth without sacrificing the equity and market value that a more traditional route would require."

Johns said a number of companies, including Rare Medium Group, Inc. (NASDAQ: RRRR) and Xceed, Inc. (NASDAQ: XCED) have completed similar transactions.

"We are confident that once our shareholders understand the potential of this transaction they will overwhelmingly approve the agreement," said Walter H. (Skip) Elliott III, Chief Executive Officer of Envirometrics. "The Catapult Group has a very bright future, one that we look forward to enhancing."

The Catapult Group has done work for a number of well-known clients including MCI Worldcom(TM) (NASDAQ: WCOM), Bellsouth (NYSE: BLS) and The Metro Atlanta Chamber of Commerce. It has also recently signed agreements with Internet start-up Telephone.com(TM) and Lumen Consulting, LLC.

The company has also aligned itself with a number of strategic marketing partners. It was recently selected as the first client for Hi-Tech Partners Group(TM), a next generation incubator. The Catapult Group has also retained Atlanta-based marketing firm Creaxion to handle its Advertising, Media and Analyst Relations.

About The Catapult Group

The Catapult Group is a privately held Atlanta-based Internet Services Firm specializing in Web-based applications designed to streamline business operations and improve customer interaction and services. For more information on The Catapult Group, visit the company on the Web at www.TheCatapultGroup.com or call 770.448.9088 ext. 118.

Forward Looking Statements

Some of the information in this news release may contain forward-looking statements. These statements can be identified by the use of forward-looking terminology such as "may," "will," "expect," "anticipate," "estimate," "continue" or similar words. These statements discuss future expectations, contain projections of results of operations or of financial condition or state other "forward-looking" information. Important factors that could cause actual results to differ materially from those discussed in such forward-looking statements ("Cautionary Statements") include: the general strength or weakness of the The Catapult Group, Inc.'s products, the industry, and the pricing policies of competitors. All subsequent written and oral forward-looking statements attributable to the The Catapult Group, Inc. or persons acting on behalf of the The Catapult Group, Inc. are expressly qualified in their entirety by such Cautionary Statements.

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