Unisource Corp Closes Merger, Achieves Current Information Tier
MIAMI--(BUSINESS WIRE)-- Unisource Corporate Corporation (OTC Markets: USRC) (the "Company") today announced it has executed a series of share exchange agreements that resulted in the Company's ownership of 75% of the stock of Visionship, Inc. (Visionship), and is now trading on OTC Markets as a "Current Information" tier company.
A primary focus of Visionship is to give manufacturers, distributors, and carriers access to a paper free cloud-based global supply chain. Visionship released its first paper free application - Visionpad - in January of 2012. Visionship is now in the process of implementing its initial sales strategies, ramping up operations, and rolling out additional supply chain applications.
Unisource's strategy is to acquire and combine leading edge logistic technology providers with third party logistic (3PL) companies to offer a unique, unparalleled service in the global supply chain industry.
Chief Executive Officer, Nicholas Ferber, stated, "The ability to utilize the software capabilities of Visionship in conjunction with multiple regional logistic companies provides potentially fantastic opportunities for our Company. Now that we have concluded the Visionship transaction, we are actively pursuing other acquisition targets in the third party logistic company space."
The Company's next target acquisition is a 3PL company based in California that provides transportation solutions across all major transportation modes on behalf of its customers.
About Unisource Corporate Corporation
Unisource (www.unisourcecorp.com) is a recently restructured company whose strategy is to acquire and combine third party logistics service providers and logistics technology providers in order to offer a unique, cost effective Cloud-based SaaS solution for the global logistics marketplace.
Forward-Looking Statements Disclosure
This release contains forward-looking statements that reflect Unisource Corporate Corporation's plans and expectations. In this press release and related comments by Company management, words like "expect," "anticipate," "estimate," "forecast," "objective," "plan," "goal" and similar expressions are used to identify forward-looking statements, representing management's current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements.
Unisource Corporate Corporation
Nicholas Ferber, 305-527-7763
KEYWORDS: United States North America Florida
The article Unisource Corp Closes Merger, Achieves Current Information Tier originally appeared on Fool.com.
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